Purchase limits have been reintroduced on pantry staple products in Victorian supermarkets as new cases of COVID-19 spark fears of more panic buying. Victoria is in the midst of a new wave of virus cases, many of which have arisen from community transmissions. The state recorded 20 new cases yesterday and one death and fears […]
Product restrictions reintroduced in Victoria on panic buying fears Read More »
New figures released by the Australian Bureau of Statistics prove what we all knew: March was a record breaking month for grocery. Seasonally adjusted, preliminary trade figures show retail turnover rose by 8.2% – the biggest rise ever recorded by the ABS and even higher than pre-GST panic buying in June, 2000, which was a
Record breaking retail figures for March Read More »
Hoaders attempting to sell their stockpile of hand sanitiser, toilet paper and other essential goods at inflated prices are having their ads pulled from eBay, Gumtree and Facebook. It come as supermarket shelves across Australia have been stripped of the now-premium goods, leaving many vulnerable people, including the elderly and health workers, unable to access
Price gouging ads for hand sanitiser, toilet paper pulled from online selling sites Read More »
A supply stoush between Saudi Arabia and Russia has driven global fuel prices even lower. Demand for fuel has dropped world-wide on Covid-19 fears, which has seen airlines slash services, which C&I last month reported was already having an impact. Forced lock-downs of areas in China and Italy have further exacerbated the global oversupply. Leaders
Fuel supply stoush sparks global price drop Read More »
