HOUSE BRANDS – AUSTRALIA

Retailers ‘will lose out to Chinese’

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Original article by Blair Speedy
The Australian – Page: 18 : 29-Jul-14

Dominant supermarket chains Coles and Woolworths have been urged to raise their farmgate prices, or risk losing supply as primary producers instead export to the lucrative market in China. The warning has come from Federal Agriculture Minister Barnaby Joyce, who noted that the companies are selling white label milk for just $A1 a litre when consumers in China are prepared to pay $A7 or more. Joyce also said he fully backed a Federal Court case by the Australian Competition & Consumer Commission against Coles, over alleged unconscionable conduct in its relations with food sector suppliers

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, WESFARMERS LIMITED – ASX WES, COLES GROUP LIMITED, AUSTRALIA. DEPT OF AGRICULTURE, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, FEDERAL COURT OF AUSTRALIA, ALDI STORES SUPERMARKETS PTY LTD, NORCO CO-OPERATIVE LIMITED, MURRAY GOULBURN CO-OPERATIVE COMPANY LIMITED

Supply deals the way to go, says Coles

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Original article by Blair Speedy
The Australian – Page: 19/22 : 4-Jul-14

Coles has signed a 10-year contract with Murray Goulburn for the supply of milk. On 3 July 2014, Murray Goulburn opened a new milk processing plant in the Melbourne suburb of Laverton. The plant will produce 1.3 million litres of milk per annum, which will be sold at Coles supermarkets under its own brand. Coles MD John Durkan said the company will seek similar long-term supply arrangements with other food manufacturers

CORPORATES
WESFARMERS LIMITED – ASX WES, MURRAY GOULBURN CO-OPERATIVE COMPANY LIMITED, COLES GROUP LIMITED, FEDERAL COURT OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, MASTER GROCERS’ AUSTRALIA PTY LTD