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Steph Chalmers

๐Ÿ‘ค Speaker
461 total appearances

Appearances Over Time

Podcast Appearances

ABC Business Daily
The ACCC takes Woolies to Court

And there are rules in other jurisdictions about this.

ABC Business Daily
The ACCC takes Woolies to Court

So I was just having a look in the UK.

ABC Business Daily
The ACCC takes Woolies to Court

I think it's around 28 days.

ABC Business Daily
The ACCC takes Woolies to Court

You have to have this price establishment period before you can then advertise a discount from a particular price.

ABC Business Daily
The ACCC takes Woolies to Court

So we don't have that here.

ABC Business Daily
The ACCC takes Woolies to Court

So the ACCC is prosecuting this on this misleading element of

ABC Business Daily
The ACCC takes Woolies to Court

the pricing.

ABC Business Daily
The ACCC takes Woolies to Court

So it could be quite consequential for how supermarkets have to price items, depending on what the outcome is.

ABC Business Daily
The ACCC takes Woolies to Court

And I think the other thing to mention is because we have such dominant and few supermarket chains here, you're talking about things like the Coles Down Down promotion and

ABC Business Daily
The ACCC takes Woolies to Court

price drop, tickets are woolies.

ABC Business Daily
The ACCC takes Woolies to Court

I think most Australians could just instantly picture that in their mind.

ABC Business Daily
The ACCC takes Woolies to Court

It really is kind of part of the visual language of shopping.

ABC Business Daily
The ACCC takes Woolies to Court

You know, it's not like some niche thing.

ABC Business Daily
The ACCC takes Woolies to Court

Really, everyone would be able to easily recognise that depending on what supermarket they regularly shop at.

ABC Business Daily
The ACCC takes Woolies to Court

So I think that's the other part of it.

ABC Business Daily
The ACCC takes Woolies to Court

what the ACCC was pointing to about the colour of the ticket and all this kind of stuff.

ABC Business Daily
The ACCC takes Woolies to Court

It can seem like a really minor detail, but I was having a think about it yesterday and I was like, actually, I know just off the top of my head that a price drop sticker is a red one and I kind of ignore those and I only look for the yellow ones, which are the discounts or promotions, which aren't really being dealt with here.

ABC Business Daily
The ACCC takes Woolies to Court

So, you know, it is really part of

ABC Business Daily
The ACCC takes Woolies to Court

everyone's subconscious shopping habits, I think, which shows the power of it.