AGP Executive Report
Last update: 6 hours agoSupermarket crackdown: The Federal Court has ruled Coles misled shoppers with its “Down Down” discounts, finding 13 of 14 sampled tickets were “not genuine” because items weren’t sold at the higher “was” price for long enough before being discounted—setting up potentially massive penalties. Retail pressure: Woolworths is still facing a similar ACCC case, keeping the spotlight on “was/now” pricing tactics. Budget ripple effects: With the ASX already rattled by banking fears, the Coles ruling lands in a cost-of-living moment where shoppers are watching every shelf label. Health tech debate: Whoop’s exec defended its premium fitness tracker pricing as “premium” and positioned for enterprise-grade proof. Food & supply chain strain: AFGC warns a “perfect storm” of conflict, energy spikes and freight costs is squeezing food supply chains. Workplace safety: South Australia’s new Workplace Protection Order scheme gives businesses a legal path to bar violent or harassing people from public-facing workplaces.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.