Greg Jericho

speaker

209 appearances 2 recordings 1 series first heard May 2026 last heard 8 Sep

Greg Jericho’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.

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7am · Did Coles and Woolies con customers? · 11 May 2026 podcast

And people kind of think, oh, yeah, that damn Strait of Hormuz is raising the price of oil that we know that raises transport costs.

So I guess that's what's going on.

And it's a case of because of that lack of information, opaqueness about what actually is causing prices to go up enables supermarkets certainly to increase their profit margins.

We saw that in 22 and 23.

Inflation rose because companies were raising prices by more than they needed to to increase their profits.

And what happened?

We were to pay higher in interest rates because the Reserve Bank was basically blaming us.

So I think this case is very important in that regard because there needs to be at least some pushback on companies being able to price things however they want.

to make use of that lack of knowledge that we have to be able to say look if at least you're offering sales they have to be a legitimate sale then of course we still have the other problem is well that doesn't stop them from increasing prices by more than they need to to cover their costs and that's you know a whole other problem that we have to deal with greg thank you so much for your time no problem it's great to chat

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