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The ACCC takes Woolies to Court

4/22/202620 min

The cost of a family pack of Oreos became the centrepiece of the opening day of a court case pitting the consumer watchdog against supermarket giant Woolworths.

The ACCC says Woolies’ 'Price Drop' marketing misled customers about what discounts were being applied to a range of items. So what's been said on day two?

And in the United States, the Senate gathered to grill Trump’s nominee for Federal Reserve chair amidst the backdrop of a criminal investigation against the man currently holding the position. 

Carrington Clarke and ABC Business Reporter Steph Chalmers break it all down on ABC Business Daily.

Got a burning business question?

Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

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Transcript preview

First 90 seconds

  1. Annabel Crabb0:00

    [upbeat electronic music] ABC Listen, podcasts, radio, news, music, and more. [playful music] Why do humans hold on to stuff? Oddments we don't use, and yet can't quite throw out. It's not just you and me. Australia's oldest library is crammed with stuff that isn't books. Terrible paintings, old menus, human hair. Is this history or hoarding? I'm Annabel Crabb. Come and have a rummage through the story of us told by our stuff. Search for the History or Hoarding podcast on ABC Listen or wherever you get your podcasts.

  2. Carrington Clarke· Host0:36

    The cost of a family pack of Oreos became the centerpiece of the opening day of a court case pitting the consumer watchdog against supermarket giant Woolworths. The ACCC says Woolies' price drop marketing misled customers about what discounts were being applied to a range of items. And in the United States, the Senate gathered to grill Trump's nominee for Federal Reserve chair amidst the backdrop of a criminal investigation against the man currently holding that position. Welcome to ABC Business Daily. [upbeat music] I'm Carrington Clark.

  3. Steph Chalmers1:13

    And I'm ABC Business reporter Steph Chalmers.

  4. Carrington Clarke· Host1:16

    Steph, thanks so much for joining me. So let's maybe use these Oreo biscuits as a way into this story because what is actually at stake in this case? What is Woolies accused of?

  5. Steph Chalmers1:28

    Yeah, I mean, the Oreo

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