Australia has a ‘heavily concentrated’ supermarket sector

A supermarket inquiry is directly related to the cost of living crisis in Australia. Australian Food and Grocery Council CEO Tanya Barden says there have been several “new entrants” into the grocery market over the last decade. Ms Barden told Sky News Business Editor Ross Greenwood that Aldi, Costco and Amazon are now boosting grocery supply options for consumers in Australia. “But it does remain the case that we have a heavily concentrated supermarket sector. “And it is the second most concentrated market in the world after New Zealand.”