Amid a cost-of-living crisis, essential goods sectors like supermarkets, energy and banking have reported strong results – and a lack of competition is at the root
Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcast
If you want to understand the competition problems in Australia’s corporate sector, take a look at the annual results delivered by Woolworths.
Best known for running the country’s biggest chain of supermarkets, Woolworths also owns the discount department store Big W, and the results from those two businesses couldn’t be more starkly different.
Sign up for Guardian Australia’s breaking news email
About Author
More Stories
Xi says China’s economy on course to expand by 5% despite Trump concerns
Beaches, beer and a rare suspended lake … why can’t Nigeria attract more tourists?
‘All people could do was hope the nerds would fix it’: the global panic over the millennium bug, 25 years on