The first question for Woolworths CEO Brad Banducci...

The irony of a Politician taking someone to task over not answering a question is clearly lost on you @NickMcKim

@AmyRemeikis McKim missed one thing. Woolies/Coles acknowledge that in high inflation/COL circumstances, customers must tighten their belts. But not them. They don't accept the need to take a small profit hit until circumstances change. Pursuit of ever increasing profit continues unabated.

Now do the mining sector, electricity, news media, toll collection, LNG, electricity supply, etc… go.

why dont you ask him how much it costs to run the business? Why a business of his size only generates a profit margin of about 3%? Ask him how much money the average shopper could save if his company started going broke.

To break a country control their banks privatise their insurance companies and monopolise their food distribution system-dairy of an economic hit man 101

I wan't to VOMIT... They Killed My Farm. After 34 Years. I haven't Paid Myself in 5 Years. Term Deposit's Interest , "" 0 "" ... But here's a Receipe. ... Baked Beans Straight out the can. Place in Fridge for 1/2 hour. Remove Lid. Spoon, Into Mouth... Most are Canned in Spain..😒

The only reason they give so much food to charity's is cos they are charged by the tonne by waste company. Instore fresh loaf of bread was $2 in 2022 it's now $2.85. The gross profit on that loaf is near on 60% pure profit.

30 seconds into it and you haven’t asked a question. You’re grandstanding and that’s it. And when you do get to a question it’s a leading question. You’re not after a response. You’re grandstanding.

Your figures are completely wrong. Basic fact is ROE is 16.4% and it’s publicly available in Woolies annual reports. It’s not helpful to anyone if you can’t get your numbers right while accusing them of gouging. It’s also not a measure of gouging, gross margin is.