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Will There Be A Shrinkflation Crackdown? (Read 119 times)
whiteknight
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Will There Be A Shrinkflation Crackdown?
Sep 1st, 2025 at 9:49am
 
Federal govt considers ‘shrinkflation’ crackdown   Sad 

Sep 01, 2025
New Daily

The federal government is considering a crackdown on "shrinkflation".



Shoppers could get the chance to dob in grocery retailers charging top dollar for shrinking products.

The federal government is exploring ways to ensure consumers get value for their money at the checkout, by strengthening the unit pricing code.


A public consultation kicks off on Monday seeking consumer feedback on the introduction of a new “shrinkflation” notification regime to name and shame brands, as well as a proposal to make unit price displays more readable and impose fines for non-compliant retailers.

Assistant Minister for Treasury Andrew Leigh said clearer information means Australians will be able to spot changes to product sizes and decide if it’s value for money.

“If a chocolate bar loses two squares but keeps the same price, that’s not magic – it’s shrinkflation,” Leigh said.


“We want feedback on what steps we can take next to crack down on diminishing sizes.”

An Australian Competition and Consumer Commission supermarket inquiry report, released in February, recommended that supermarkets publish notifications when product sizes change, but prices remain the same.

Last year, independent consumer advocacy group Choice identified 15 supermarket products that had reduced in size, with the price remaining the same or increasing. 

The examples included Coles’ Mighty Grain cereal, which was being sold in 560g packets in October 2022, but by March 2024 was being sold in 495g packages, yet the price remained the same at $4.50. It now sells for $5.

“Consumers deserve more information when shrinkflation occurs,” Choice chief executive Ashley de Silva said.


De Silva noted that major Australian supermarkets appeared to be among the most profitable in the world despite a cost-of-living crisis.

“We need to fix the power imbalance between supermarkets and consumers and price transparency will help us do that,” de Silva said.
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freediver
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Re: Will There Be A Shrinkflation Crackdown?
Reply #1 - Sep 1st, 2025 at 9:57am
 
We already have the price per 100g or similar on the price tag. How much babysitting do people need?
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whiteknight
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Re: Will There Be A Shrinkflation Crackdown?
Reply #2 - Sep 1st, 2025 at 9:58am
 
We are paying more for the same or less.   Sad
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ProudKangaroo
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Re: Will There Be A Shrinkflation Crackdown?
Reply #3 - Sep 3rd, 2025 at 1:04pm
 
It would be nice if there were some register to help name and shame, especially when you see a product on the shelf that's marked as 50% off, is smaller than it used to be 12 months ago, and even with 50% it's more expensive than it was 12 months ago at full price.

Having somewhere to name and shame these sorts of practices might help reduce the number of instances of exploitations, rather than just dealing with higher production costs, but I doubt it.
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greggerypeccary
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Re: Will There Be A Shrinkflation Crackdown?
Reply #4 - Sep 3rd, 2025 at 1:14pm
 
freediver wrote on Sep 1st, 2025 at 9:57am:
We already have the price per 100g or similar on the price tag. How much babysitting do people need?


Yeah, I'm kinda with you on this one.

If they were hiding, removing or falsifying the weight on the package, that certainly wouldn't be acceptable.

But otherwise, I really don't have a problem with 'shrinkflation'.

Moreover, making chocolate bars and packets of chips smaller, for example, is a good thing in regards to health.

We've always had inflation - putting the word 'shrink' in front of it doesn't make it any worse.

Nobody likes paying more but, meh - prices are always gonna go up.
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