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Daniel Stojanov



Articles by Daniel Stojanov

Australian Government Blames Grocery Retailers for Inflation

March 1, 2024

In 2024 the Australian senate is establishing an inquiry into Coles and Woolworths, the two biggest grocery retailers in the country. These two retailers hold a market share of two-thirds of the retail grocery market in Australia.This follows sharp rises in government spending, inflation, consumer prices, and lending rates following the Covid crisis. Instead of addressing inflation-fueled spending, governments have chosen grocery retailers as the bad guy to blame for the increased cost of living.Australian governments have been hampering the economy from multiple directions over recent years: either through the federal and state parliaments, or the Reserve Bank of Australia (RBA)—a government institution. The latter fueled inflation by printing money used to buy

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