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	<title>Money magazine Comments - Supermarkets 'ripped off ordinary people': Allan Fels</title>
	<description>A damning new report has confirmed what you already know: some of Australia's largest companies are pushing up inflation through dodgy pricing.</description>
	<link>https://www.moneymag.com.au/feed/latest?story=179802996</link>
	<lastBuildDate>Sat, 10 Feb 2024 09:11:44 +1100</lastBuildDate>
	<pubDate>Sat, 10 Feb 2024 09:11:44 +1100</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Money magazine</copyright>
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		<title>Money magazine Comments - Supermarkets 'ripped off ordinary people': Allan Fels</title>
		<url>https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png</url>
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		<title>Comment by Lisa R. ()</title>
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<p><p>Another even more concerning and significant contributing factor for inflated pricing and price gouging which has been rising ever since the beginning of the COVID-19 pandemic and even more widely spread now which appears to be going under the radar by the news headlines and regulators is the widespread unregulated practice of the use of artificial intelligence (AI) and machine learning (ML) algorithms to drive dynamic pricing on most goods and services across most industries (locally and globally), with major impacts to consumers and humanity which still remains completely unregulated and unprotected - there are currently no laws currently governing this practice across goods and services, including: groceries (supermarkets), insurance, airlines, real estate, and across all industries. Even the majority of the stock/share markets globally use AI and ML with complex algorithms that drive share prices.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Lisa R. ()</dc:creator>
		<pubDate>Sat, 10 Feb 2024 09:11:44 +1100</pubDate>
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		<title>Comment by Maurice O'Reilly ()</title>
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<p><p>The prices indicated does not actually show what the consumer pays at the check out point/I used to buy bread for $1 but the price now is $1.90/Butter in this period cost $4.50 now it is $6,50/Every conceivable supermarket item has seen a dramatic price increase so I differ from the prices quoted/The price of petrol is a joke/Overnight the price can rise as much as 40 cents a litre and there seems to be no end in sight for the petrol pump user from the greed of these companies/Overall this spineless Government seems to be bereft of ideas as to how to curb the rapacity of these large providers/Australia a lucky country/I must be kidding myself/The supermarkets are now employing a new tactic/ DECREASING the size of the product but charging at the old weight price/Pensioners are being crushed and Australia is on the road to creating a society of HAVES and HAVE NOTS/I challenge any one reading my response to counter all the points raised</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Maurice O'Reilly ()</dc:creator>
		<pubDate>Sun, 11 Feb 2024 21:21:41 +1100</pubDate>
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		<title>Comment by Merrilyn Tattersall ()</title>
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<p><p>&quot;Recommendations&quot; are not going to change a damn thing! These ***s will continue to do what they have always done without any real consequences</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Merrilyn Tattersall ()</dc:creator>
		<pubDate>Wed, 14 Feb 2024 13:06:17 +1100</pubDate>
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		<title>Comment by John Dzwon ()</title>
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<p><p>The COVID pandemic made corpulent corporations realise that they can charge what they like with impunity.<p>Inflation doesn&#39;t happen by magic. Prices go up because big corporations choose to increase prices, and smaller businesses reliant on them are forced to follow suit. IMO, this is the dark side of capitalism, and it&#39;s getting darker.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>John Dzwon ()</dc:creator>
		<pubDate>Tue, 20 Feb 2024 00:25:33 +1100</pubDate>
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