CANBERRA, ACT, March 21 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: ACCC supermarkets inquiry, Brisbane Olympics
JamesGlenday:
Let's get more on the supermarket report. And we are joined now by the Treasurer, JimChalmers, who is at Parliament House in Canberra. G'day, Treasurer. Good morning.
JimChalmers:
Morning, James.
Glenday:
Now, this report says Coles and Woolworths are among the most profitable supermarkets in the world. Are they gouging us?
Chalmers:
That's not the conclusion of the ACCC, but the ACCC does say that there's a lot of market dominance.
What we need here and what we're delivering here as a government is more scrutiny, more information and more competition.
The report's reall...