Scanned and packed: Senate inquiry to rule on grocery prices

A parliamentary probe into supermarket price gouging is set to hand down its findings.

The Senate committee, which has investigated the market power of the supermarket duopoly of Coles and Woolworths and its price-setting practices, will release its final report on Tuesday.

The inquiry has been examining allegations of price inflation by major supermarkets while suppliers and producers were being undercut.

Producers told the inquiry of many in the industry being fearful of speaking out against the practices of the supermarket chains for fear of losing contracts.

The committee grilled Coles chief executive Leah Weckert and outgoing Woolworths boss Brad Banducci, the latter being threatened with jail time for holding the Senate in contempt for not answering questions about the supermarket’s profitability.

The Greens-led inquiry has been one of several probes into cost of living concerns at supermarkets in recent months.

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