00:02Fruit and vegetable costs are rising.
00:05I tried it in the first couple of weeks, absorbing some of the prices, but you just can't make any
00:11money.
00:12Australia's biggest supermarket is warning that packaged foods will rise next.
00:17Everything seems to be going up, up and up.
00:20It's a very volatile period at the moment.
00:23Woolworths is freezing prices for three months on hundreds of home brand products,
00:28including pasta, eggs, chicken breast and nappies.
00:32There's more margin in those home brands, which means there's more wiggle room,
00:35which means you can hold those prices down.
00:37After gouging concerns during the last inflationary spike,
00:41and now allegations of fake discounting by the ACCC against both Coles and Woolworths,
00:47both of the major supermarkets are going to have a hard time convincing shoppers that they're not profiteering.
00:53I think they're a business and I think they care mostly about their profits.
00:56I trust in good karma and I can hope that they wouldn't do us wrong.
00:59We recognise that during the last inflationary cycle, we could have done things better.
01:04Coles will announce its sales results next, with more price warnings expected.
01:09Smaller stores like this Asian grocer are trying to absorb price rises as Australians battle cost of living pressures.
01:17We're trying to stay positive and let's just try and ride through this.
01:21Oil is soaring again, hitting well above US$120 a barrel overnight.
01:28We expect the costs and consequences of that conflict on the other side of the world to persist for a
01:35while longer yet.
01:36And next week, there's a rate hike for households tip two.
01:39Is that true?
01:43We'd beindzę the value of coincidence.
01:43But this is being takenenin ducking forинеach.
01:43Who gave us long.
01:43Feel thatな if you kilop investing�도 in the past Lebendorp.
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