Woolworths CEO Brad Banducci's heated interview on pricing practices
Woolworths CEO Brad Banducci's heated interview on pricing practices
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Now realise this happens in every industry across the country.
It’s great that we’re focusing on supermarkets, but we need to tackle the whole capitalist system itself if we want to fix the problem.
We are not going to abandon or even temper capitalism I am afraid. The fact is we are a tiny and relatively poor country at the edge of the world. We have to come face to face with that.
We’re not relatively poor. Where did you get that from?
https://www.dfat.gov.au/sites/default/files/australia-is-a-top-20-country-all-topics.pdf
This is an NZ community
I'd still argue we are only poor compared to other high-wealth nations. Our GDP at PPP per capita is roughly in line with Japan and not far behind the UK.
We do much better at GDP in USD but shit's expensive in NZ due to island tax and lack of competition hence my use of PPP.
The article published is about Woolworths pricing in Australia.
I'm aware of that, but this is an NZ instance so when the poster above is talking about a country, they are talking about NZ.