Retail Crime Rates in Victoria Draw Criticism from Property Developer
What happened
A property developer stated that Victoria's surging retail crime rate has led to a refusal of future investments in the state. Chris Garnaut, founder of Fawkner Property, stated that the worst crime rate was observed in Coles and Woolworths supermarkets in Victoria. According to Crime Statistics Agency figures reviewed in the report, retail locations recorded 96,008 offenses in the 12 months leading up to June 2026.
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Why it matters
The developer noted that theft offenses were up 2.3 percent, reaching 37,398 recorded instances per day. The criticism comes as Premier Ben Carroll addresses the crime issues facing the state.
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Who's involved
- Ben CarrollPremier of the government of Victoria
- VictoriaState of Victoria facing property investment and crime issues
- ColesRetailer cited as having the worst crime rate in Victoria
- WoolworthsRetailer mentioned alongside Coles regarding crime rates
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ColesSpeculative
The company might face increased operational costs due to the high volume of retail crime reported in the state.
- WoolworthsSpeculative
The company could experience increased operational costs and risk due to the high crime rates in Victoria.
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The entities involved
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Ben Carroll
Australian politician
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Victoria
city and commune in Chile
Related events
- Ben Carroll's proposed bill is reported to threaten junior jobs in Victoria.
- Ben Carroll has successfully assumed the role of Premier of Victoria, while Paul Hamer serves as the Roads Minister.
- Ben Carroll challenges Jacinta Allan for Labor leadership while Allan serves as the Premier of Victoria.
- The Australian Retail Council and the Victorian Crime Statistics Agency are commenting on retail crime issues in Victoria.