Article 6Q9V5 What do Woolworths and Big W’s starkly different results tell us about Australia’s competition problems?

What do Woolworths and Big W’s starkly different results tell us about Australia’s competition problems?

by
Jonathan Barrett Senior business reporter
from World news | The Guardian on (#6Q9V5)

Amid a cost-of-living crisis, essential goods sectors like supermarkets, energy and banking have reported strong results - and a lack of competition is at the root

If you want to understand the competition problems in Australia's corporate sector, take a look at the annual results delivered by Woolworths.

Best known for running the country's biggest chain of supermarkets, Woolworths also owns the discount department store Big W, and the results from those two businesses couldn't be more starkly different.

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