Australian Politics Forum

Australian Politics Forum
http://www.ozpolitic.com/forum/YaBB.pl General Discussion >> General Board >> More shenanigans in supermarket sector http://www.ozpolitic.com/forum/YaBB.pl?num=1438302125 Message started by bogarde73 on Jul 31^st, 2015 at 10:22am

Title: More shenanigans in supermarket sector
Post by bogarde73 on Jul 31^st, 2015 at 10:22am

http://www.smh.com.au/business/retail/metcash-accused-of-trying-to-thwart-coles-deal-20150730-ginpu5.html

In amongst the anti-Metcash propaganda is the news (well it is to me) that:
1. Coles is trying to take over the SupaBarn business, consisting of 9 supermarkets in NSW and the ACT. And you can see from the article how many Coles already has in the ACT.

2. The ACCC enquiry into competition in the supermarket sector is due to report in September.

Title: Re: More shenanigans in supermarket sector
Post by cods on Jul 31^st, 2015 at 10:26am

bogarde73 wrote on Jul 31^st, 2015 at 10:22am:

its what it is...at least coles is australian...

I am sick of seeing aussie brands go off the shelves to be honest,.

Title: Re: More shenanigans in supermarket sector
Post by Very_Vinnie on Jul 31^st, 2015 at 10:36pm

cods wrote on Jul 31^st, 2015 at 10:26am:

...at least coles is australian...

Very_Vinnie wrote on Jul 31^st, 2015 at 4:36pm:

Profits from Aldi do NOT go to "Germans" - aside from immediate members of Germany's wealthiest family

NO-one outside of this family owns (or can own) Aldi shares
Aldi is NOT listed on any stock exchange

Unlike the Australian owned Coles and Woolworths - where ANY Australian can become shareholders, including Australia's many superannuation funds

The VAST bulk of Coles and Woolworths flows back to ordinary, everyday Australians - through one channel or another