CANBERRA, ACT, March 21 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: ACCC supermarkets report, big tech tariffs for Australia
PeterStefanovic:
A year‑long ACCC investigation into the power of Coles and Woolies has revealed that they are some of the most profitable retailers in the world, but no findings regarding price gouging.
Joining us live now is the Treasurer, JimChalmers. Treasurer, thanks for your time this morning. So let's start off with the government response to this.
JimChalmers:
Good morning, Pete. This is an important piece of work from the ACCC. We commissioned this work, and we're pleased to see it released, and what it shows is what we need when it comes to supermarkets is more ...