Australia

Sugar content in kids drinks in NZ supermarkets above allowed limits

Sugar content in kids drinks in NZ supermarkets above allowed limits

NewZealand government said it has no intention to impose sugar tax even as researches show that 48 percent of supermarket-sold kids beverages in the country has sugar content that exceeded United States recommended serving size for sugar of 240mL. Health Minister Jonathan Coleman said that the government plans to tackle obesity and related health issues […]

Aldi Australia sold 190,000 units of adulterated oregano products

Aldi Australia sold 190,000 units of adulterated oregano products

Discounter supermarket Aldi Australia has promised to sell unadulterated oregano, after it was found that nearly 190,000 units of oregano products sold in its stores contained only 35% oregano. An investigation by the Australian Competition and Consumer Commission (ACCC) last year accused Aldi and supermarket supplier Menorahave of selling adulterated oregano products. Aldi and Menora […]

Woolworths Supermarkets gets new Managing Director

Woolworths Supermarkets gets new Managing Director

Woolworths announced the appointment of Claire Peters to the role  of Managing Director, Woolworths Supermarkets, effective 1 July 2017. Woolworths Supermarkets is the largest supermarket retailer in Australia. In her new role, Claire will lead a team of more than 115,000 Woolworths team members across 992 supermarkets, and is tasked with continuing the good progress […]

UWA Nobel Laureate develops drug to prevent food allergies

UWA Nobel Laureate develops drug to prevent food allergies

Nobel Laureate Professor Barry Marshall from The University of Western Australia is developing an oral treatment called Immbalance, which is designed to restore balance to the immune system and desensitise allergic responses. Professor Barry Marshall said the drug would harness the immune properties of common bacterium Helicobacter pylori, that naturally resides in the human gut […]

Woolworths’ Big W chain CEO resigns

Woolworths’ Big W chain CEO resigns

Sally Macdonald, CEO of Australian supermarket Woolworths-owned discount retailer, Big W has resigned from her role after eleven months in the position. David Walker, head of the home improvement business will step in as acting CEO of Big W. In the Q1 of 2016, BIG W’s same-store sales fell by 5.7%, which is a sharper […]

Discounter Kaufland to launch in Australia

Discounter Kaufland to launch in Australia

The Kaufland chain is thinking about an expansion to Australia. The company is currently conducting a feasibility study, said a Kaufland spokeswoman. “Only then will we be in a position to make a decision about a possible market entry.”   German billionaire Dieter Schwarz, owner of  Lidl and Kaufland recently sought to trademark the word “Kaufland” […]

Aldi 43 percent cheaper than Woolworths and Coles for branded products

Aldi 43 percent cheaper than Woolworths and Coles for branded products

A new market survey reveals than German discounter is 43 percent cheaper than its major rivals Woolworths and Coles for branded products in Australia. The survey conducted by financial services holding company, Fairfax reveals that around 36 products cost shoppers $113.25 at Adli, while customers buying the same items would pay $13.24 more at Woolworths […]

Amazon Australia to be 30 percent cheaper than local market; offers food & FBA

Amazon Australia to be 30 percent cheaper than local market; offers food & FBA

E commerce giant Amazon is setting up to take Australia by storm. Speaking to The Australian Financial Review (AFR), Watermark Funds Management chief investment officer Justin Braitling said Amazon plans to set foot on Australian soil by September 2017 with prices 30 per cent cheaper than local stores. He said that the prices in Australia […]