Australia's milk supply chain drained by competitiveness
07 Oct 2011
Source: Herald Sun
The supermarket milk price war is unsustainable and has taken $77 million out of the milk supply chain, a Senate committee has heard.
Supermarket chain Coles dropped the price of its homebrand milk by up to 33 per cent, to $1 a litre, on Australia Day. Woolworths and Aldi quickly followed.
The effects of the price war are being investigated by the Senate Economics References Committee, which sat in Melbourne today.
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