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Environment of inflation. (Read 1405 times)
Bobby.
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Re: Environment of inflation.
Reply #15 - Aug 8th, 2023 at 2:39pm
 
Steak at Coles is now $69.70 per kilo.


This picture taken today:


...

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John Smith
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Re: Environment of inflation.
Reply #16 - Aug 8th, 2023 at 5:49pm
 
Bobby. wrote on Jan 22nd, 2023 at 4:18pm:
Inflation is hitting hard.
500 gram jars of honey in Melbourne -  $100.


https://media.gab.com/system/media_attachments/files/125/572/067/original/f1a814...




Manuca is not normal honey you cretin
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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.
 
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John Smith
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Re: Environment of inflation.
Reply #17 - Aug 8th, 2023 at 5:51pm
 
AusGeoff wrote on Feb 11th, 2023 at 7:59am:
From what I've checked out, the claimed extra therapeutic properties
of Manuka honey are way overstated.

There is not enough evidence that methylglyoxal survives being eaten,
nor that it does any good inside the body. This is not an area in which
a lot of independently-funded research has been done, but although
there is as mall bit of evidence that in general honey can soothe a sore
throat, there is not yet conclusive evidence to suggest that eating
shop-bought Manuka honey will be any more effective at this than
a cheaper alternative
.   Similarly, there hasn’t been robust conclusive
evidence to show it can be used to ease indigestion.    So, although
some people will swear by its properties, this has not been backed
up by clinical trials.

Methylglyoxal Explained.

And it's a myth that only New Zealand produces "genuine" Manuka honey.
NZ has one species of Leptospermum scoparium, its source, whereas
Australia has eighty species.  And the plant originated in Australia before
the onset of the Miocene aridity 23 million years ago.

In a nutshell then, if you're paying a premium price for your NZ Manuka,
you're getting ripped off.  Australian Manuka is $26.80/kg and NZ Manuka
is $40.00/kg  (both prices @ Coles.) 
I note that some NZ producers are
retailing it for more than $100/kg!




buy either of those and you're getting ripped off. Coles doesn't keep the good stuff. You're just paying more because it says manuka on the label
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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.
 
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lee
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Re: Environment of inflation.
Reply #18 - Aug 8th, 2023 at 5:53pm
 
Manuka honey comes from tea trees. That's why NZ couldn't copyright it.
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Bobby.
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Re: Environment of inflation.
Reply #19 - Aug 8th, 2023 at 7:37pm
 
lee wrote on Aug 8th, 2023 at 5:53pm:
Manuka honey comes from tea trees. That's why NZ couldn't copyright it.


It comes from pollen from the Manuka tree which also grows in Australia.
Captain Cook called it a tea tree.

https://en.wikipedia.org/wiki/Leptospermum_scoparium
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Bobby.
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Re: Environment of inflation.
Reply #20 - Aug 12th, 2023 at 7:55am
 
Coles Shiitake mushrooms $70 per Kilo reduced
to $58 per Kilo on the best used by day 11th Aug. 2023.
Picture taken 11th Aug. 2023.
A bit expensive for old mushrooms?


...



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« Last Edit: Aug 12th, 2023 at 8:04am by Bobby. »  
 
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Bobby.
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Re: Environment of inflation.
Reply #21 - Aug 12th, 2023 at 8:07am
 

How much would you pay for mushrooms that
have already reached their best before date?



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Gordon
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Re: Environment of inflation.
Reply #22 - Aug 12th, 2023 at 8:52am
 
Bobby. wrote on Aug 12th, 2023 at 8:07am:
How much would you pay for mushrooms that
have already reached their best before date?






...
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AusGeoff
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Re: Environment of inflation.
Reply #23 - Aug 13th, 2023 at 6:17am
 
Bobby. wrote on Aug 12th, 2023 at 7:55am:
Coles Shiitake mushrooms $70 per Kilo reduced
to $58 per Kilo on the best used by day 11th Aug. 2023.
Picture taken 11th Aug. 2023.
A bit expensive for old mushrooms?


https://media.gab.com/system/media_attachments/files/145/111/659/original/5e606b...


https://media.gab.com/system/media_attachments/files/145/112/273/original/8aee6d...


LOL... believe it or not, those mushies are
$69/kg at Woolworths, which is obviously
price gouging.    I wouldn't buy 'em even
marked down drastically, or still in date.

As for your Coles' mushies, I'd be hitting the
front desk and asking them to price them at
$1 for the 100g just to get rid of 'em.

Quote:
You can still eat foods for a while after the
best-before date as they should be safe but
they may have lost some quality. Foods that
have a best-before date can legally be sold
after that date
provided the food is fit for
human consumption.
—Food Standards Australia & New Zealand, April 2022.

They'll still be edible on their BB date.


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Bobby.
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Re: Environment of inflation.
Reply #24 - Aug 13th, 2023 at 8:36pm
 
AusGeoff wrote on Aug 13th, 2023 at 6:17am:
Bobby. wrote on Aug 12th, 2023 at 7:55am:
Coles Shiitake mushrooms $70 per Kilo reduced
to $58 per Kilo on the best used by day 11th Aug. 2023.
Picture taken 11th Aug. 2023.
A bit expensive for old mushrooms?


https://media.gab.com/system/media_attachments/files/145/111/659/original/5e606b...


https://media.gab.com/system/media_attachments/files/145/112/273/original/8aee6d...


LOL... believe it or not, those mushies are
$69/kg at Woolworths, which is obviously
price gouging.    I wouldn't buy 'em even
marked down drastically, or still in date.

As for your Coles' mushies, I'd be hitting the
front desk and asking them to price them at
$1 for the 100g just to get rid of 'em.

Quote:
You can still eat foods for a while after the
best-before date as they should be safe but
they may have lost some quality. Foods that
have a best-before date can legally be sold
after that date
provided the food is fit for
human consumption.
—Food Standards Australia & New Zealand, April 2022.

They'll still be edible on their BB date.





I didn't buy them - they looked so old and stale anyway.    Smiley
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Bobby.
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Re: Environment of inflation.
Reply #25 - Aug 14th, 2023 at 2:57pm
 
Petrol is up in price in Melbourne 14th August 2023:

The Australian dollar hit a new low of  $64.7 cents this morning
and the petrol prices are up too – maybe as a result?


...
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Bobby.
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Re: Environment of inflation.
Reply #26 - Aug 22nd, 2023 at 11:13am
 
What a rip off:

https://www.dailymail.co.uk/news/article-12430981/Coles-announces-1-1-billion-pr...


Coles announces $1.1 billion profit while millions of Aussies struggle with
the cost of living crisis as inflation pushes up the price of food


...


    Coles has announced a $1.1billion profit for 2022-23
    Supermarket inflation up by 6.7 per cent year to June

Coles has announced a $1.1billion profit as millions of Australians battle a cost of living crisis.

The supermarket giant's net profit after tax, for the year to June, surged by 4.8 per cent to $1.098billion, up from $1.048billion based on total operations.

Supermarket inflation also climbed by 6.7 per cent, a level higher than Australia's broader 6 per cent consumer price index.

Despite that, Coles promised it would be focused on value as Australia's second largest supermarket chain after Woolworths.

'Cost of living pressures are likely to remain for many Australian households and we will continue to focus on delivering trusted value,' it said on Tuesday.

But Coles also hinted there were customers with savings able to pay more for premium products.

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Bobby.
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Re: Environment of inflation.
Reply #27 - Aug 23rd, 2023 at 1:31pm
 
https://www.theguardian.com/business/2023/aug/23/woolworths-posts-162bn-profit-w...

Woolworths posts $1.62billion profit
with dramatic lift in margins despite cost-of-living crisis



...


Results, a day after Coles posted $1.1bn profit, show supermarket
has used pandemic and inflation to increase the profit from sales.

The country’s biggest supermarket chain, Woolworths, has recorded a dramatic lift in margins for its Australian food business to well above pre-pandemic levels, underpinning a strong profit result in a cost-of-living crisis.

The company’s net profit lifted 4.6% to $1.62bn for the full financial year, while overall sales hit $64.29bn, derived from its Australian and New Zealand supermarket operations as well as discount chain Big W.

But it is the large earnings flowing from its Australian supermarkets that may grab the attention of policymakers – and shoppers – as parliament and unions start to scrutinise the sector’s pricing decisions through a series of inquiries concerned with living costs.
Coles and Woolworths say their profits are modest - but does that stack up?
Read more

Woolworths’ financial results show it has used the pandemic and inflationary period to not just sell more goods, but also increase the profit from sales, ultimately paid for by shoppers.

The sector’s preferred gauge of profitability, known as operating margins, spiked at Woolworths from 5.3% to 6% during the financial year for its Australian food division.

This is the highest margin for the groceries division recorded at Woolworths,

according to analysis over the past decade when its previous high-margin liquor business is stripped out of calculations.
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Bobby.
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Re: Environment of inflation.
Reply #28 - Sep 3rd, 2023 at 3:44pm
 
Some bargains at Coles today.

3 x half cobs of corn $8.50.

Cheese $92 per kilo.



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Bobby.
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Re: Environment of inflation.
Reply #29 - Feb 21st, 2024 at 5:41am
 

It's not only about inflation -
now they want to hide the $44.44 per kilo price.


...



A new trick at Coles -
no price on the actual item.
If someone moves a more expensive cut of meat to that area -
you might not realise it and buy it anyway.
Actually - a few days ago the yellow label was missing too
so you couldn't tell the price at all.
The checkout can read the price because it's hidden in the bar code.   Embarrassed

So - some meat items have a price on them and some don't -
what's going on?

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