Tag: price
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Telstra loses fight over copper network prices
Mobile service provider Telstra has lost its battle against a ruling to cut the amount it can charge its customers for access to its copper network. The Australian Competition and Consumer Commission (ACCC) ruled in 2015 that Telstra was required to reduce access prices to its fixed line network by 9.4%. The move could potentially cost the…
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Baby formula is the new front in supermarket price war
Supermarket giant Woolworths has drastically reduced prices on a range of baby products to keep its edge in the price war with Coles. Certain brands of baby wipes, nappies, creams and powders will be discounted as well as the sought after Karicare formula. Woolworths say the move will save the average family $320 annually. The…