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Mmastodon BusinessEconomy first seen 7 h ago, last 6 h ago, peak #4

Greens propose $25.1bn plan to nationalise Coles and Woolworths supermarkets

Original: Greens pitch Zohran Mamdani-style $25.1bn plan to nationalise 200 Coles and Woolworths supermarkets https://www.theguard

Australia's Greens have announced a A$25.1 billion proposal for the government to buy and run 200 supermarkets owned by Coles and Woolworths, explicitly modelled on New York mayor Zohran Mamdani's push for publicly owned grocery stores. The party frames it as a way to cut grocery prices by introducing public competition to a heavily concentrated duopoly. The plan is expected to face strong opposition from the major parties and the retail giants.

Why now: The striking scale of the proposal and its comparison to Zohran Mamdani's well-known grocery plan make it a talking point in debates over supermarket prices.

Australian GreensColesWoolworthsZohran Mamdani

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