Coles' and Woolworths' alleged land banking comes under the microscope, $30 million more given to watchdog for crackdown (www.abc.net.au)

submitted 1 month ago by Baku@aussie.zone to c/australia@aussie.zone

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[-] Deceptichum@quokk.au 7 points 1 month ago

Ooh boy get those wrists ready for more slapping.

[-] Baku@aussie.zone 4 points 1 month ago

But don't worry, it'll just be gentle

[-] WhatAmLemmy@lemmy.world 2 points 1 month ago* (last edited 1 month ago)

Treasurer Jim Chalmers said the funding for the ACCC would make grocery pricing fairer, boost competition and make sure there were "consequences" for wrongdoing.

Let me guess? The "consequences" will be so insignificant and inconsequential that they qualify as the government being a criminal co-conspirator engaging in racketeering with colesworth — just taking their share of the proceeds, and tacit approval to continue the criminal conduct.

[-] WaterWaiver@aussie.zone 2 points 1 month ago

It's not land banking. It's land investment. We're making the land better, more luscious, stronger.

this post was submitted on 30 Sep 2024

41 points (100.0% liked)

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