ALDI has been rated Australia’s most affordable supermarket in the latest quarterly scorecard, funded by the federal government and completed by consumer group CHOICE, which shows shoppers can save hundreds of dollars a month by shopping around.
In June, CHOICE surveyed 104 supermarkets in 27 locations across Australia, recording the price of 14 common grocery items, including beef mince, milk, apples and carrots. The basket includes a mix of house-brand and national-brand items.
The Aldi basket was cheapest at $50.79, then Coles at $66.22, Woolworths at $68.37 and IGA in last place at $78.95.
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Funded for three years by the Albanese Labor Government, the CHOICE report gives Australians accurate data on how to get the cheapest groceries.
“We know Australians are under pressure and we’re working every day to help,” the prime minister said.
“Our cost-of-living help is about getting wages up for workers, bringing costs down for households and getting inflation back to where it should be.
“We are doing everything we can to ensure Australians are paying a fair price at the checkout and Australian farmers are getting a fair price for their goods.
“Today’s CHOICE report provides important information to consumers, but we know there is more to do and we are committed to taking action to make sure Australians are getting the best deal possible.”
Earlier this week the consumer watchdog, the Australian Competition and Consumer Commission (ACCC), launched legal action against Coles and Woolworths over alleged fake discounting, accusing the supermarkets of misleading shoppers.
The Coalition and the Greens have both proposed divestiture laws, which could be used to threaten the supermarkets and force the sell-off of stores if they are found to be abusing market share.
The parties have criticised Labor for opposing the divestiture reforms which have been implemented in other developed nations including the United States and the United Kingdom.