Green Institute Analysis Links Supermarket Profits to Australian Poverty
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
The Green Institute released an analysis stating that the combined profits of Coles and Woolworths totaled $5.3 billion in 2025/26, before accounting for interest and tax. The institute noted that this profit level could provide the funds needed to feed between 757,000 and one million children living in poverty in Australia for a year. The analysis also found that while the profits of Coles and Woolworths increased by 58 per cent and 41 per cent respectively since 2019, real wages declined by 6 per cent.
From theleader.com.au
Why it matters
The research is being used by the Green Institute to support its push for establishing a government-owned supermarket chain. The institute advocates for public acquisition and forced sales of stores belonging to Coles and Woolworths to challenge the current market structure.
From theleader.com.au
Who's involved
- Green InstituteAustralian public think tank that conducted the poverty analysis
- ColesOne of Australia's largest supermarket chains whose profits were analyzed
- WoolworthsThe other major supermarket chain whose profits were analyzed
- Max Chandler-MatherExecutive director of the Green Institute
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
Coles might face regulatory action regarding the ownership of its stores as proposed by the Green Institute
- WoolworthsSpeculative
Woolworths might face regulatory action regarding the ownership of its stores as proposed by the Green Institute
Keep exploring
The entities involved
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Green Institute
Australian public think tank
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