Overview
- CHOICE’s June survey of 14 staple winter items at 104 supermarkets across 27 locations found Aldi’s basket cost $55.35 without specials, making it the cheapest option.
- Woolworths and Coles baskets came in at $58.92 and $59.22 respectively, while IGA was the priciest at $69.74, highlighting up to $14 price variation.
- An ACCC final report found major chains—Woolworths (37.1%), Coles (27.9%), Aldi (9.5%) and IGA (6.9%)—have limited incentives to compete on price, contributing to grocery costs rising faster than wages.
- The government is preparing legislation to curb supermarket price gouging and boost competition following political commitments in the latest federal campaign.
- Shoppers are encouraged to check unit prices, track specials, consider house brands and compare retailers to maximise savings on everyday groceries.