Supermarkets play a pivotal role in the daily lives and finances of millions of Australians.

In this episode, we’ll delve into the Australian Competition and Consumer Commission's (ACCC) major inquiry into the supermarket industry.

One of the experts who made a submission to the ACCC for this inquiry discusses key issues such as:

• Price gouging concerns and evidence of abnormal profits
• Market structure and consumer experience
• Pricing strategies and trends
• Perishable products and food waste
• Future recommendations for fair competition

Tune in to learn more on how this inquiry could reshape the supermarket sector and deep dive into issues around the cost of groceries.

• Host: Tiffany Tan CPA, Audit and Assurance Lead, Policy and Advocacy, CPA Australia
• Guest: Professor Matthew Pinnuck from the University of Melbourne

Head online to read the final report on supermarkets by the ACCC.

You can also read the ACCC’s interim report on supermarkets, the inquiry’s overview as well as learn more about the ACCC and the scope of its work.

Additionally, you can see Professor Pinnuck’s submission to the inquiry, as well as the ACCC’s information on the food and grocery code of conduct for the industry.

For more on Professor Matthew Pinnuck, head to his Melbourne University expert profile page.

You can find a CPA at our custom portal on the CPA Australia website.

Would you like to listen to more With Interest episodes? Head to CPA Australia’s podcast tab on its YouTube channel

CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:

• With Interest
• INTHEBLACK
• INTHEBLACK Out Loud
• Excel Tips

Search for them in your podcast platform.

Email the podcast team at podcasts@cpaaustralia.com.au