Why Is Food So Bloody Expensive In Australia?

You go to the supermarket for a few basics. Milk, bread, eggs, maybe some meat. Then you hit the checkout and think: bloody hell, this is ridiculous! Australians are sick of hearing that cost-of-living pressures are complicated. Yes, they are. But that doesn't mean the government gets a free pass. In this video, we look at Australia's supermarket problem, the market power of Coles and Woolworths, what the ACCC actually found, and whether the government's new excessive-pricing rules will make any real difference. The ACCC's 2025 supermarket inquiry made 20 recommendations and said parts of the sector were not working well for consumers and suppliers. New excessive-pricing rules for very large supermarket retailers came into force on 1 July 2026. But a new law is not the same thing as cheaper groceries. So here's the real question: are these reforms going to change anything at the checkout, or are Australians being handed another government announcement and told to be grateful? Sources: Australian Bureau of Statistics (ABS), Australian Competition and Consumer Commission (ACCC). This video is commentary and general information, not financial or legal advice. #australia #costofliving #groceryprices #Coles #woolworths #accc