Supermarket price survey

And the cheapest chain is ... Aldi.
 
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  • Updated:3 Jul 2007
 

06.Price hikes

Although the overall price increase of the shopping basket was 12% since our last survey, some single items increased considerably in price. Goulburn Valley Peach Slices, for instance, rose from $2.53 to $3.70 in the past four years — a 46% increase. The cheapest available canola oil and SPC Baked Beans saw increases of 45% and 40% respectively.

At the other end of the scale, some food items decreased in price by a small percentage. The cheapest brand of sour cream dropped by 3%, while Heinz Greenseas Tuna Chunks in Brine and San Remo Large Spiral Pasta both dropped by 1%.

The table below shows changes in the average price of basket items (not on special) from 2003-2007.

Total price change
 
  12%
Cheapest light sour cream (300 mL)
-3%
 
Heinz Greenseas Tuna Chunks in Brine (425 g)
-1%  
 
San Remo Large Spirals (500 g)
-1%
 
Libra Ultra Thins Regular Pads with Wings (14)
 
3%
Lipton Quality Black Tea Bags (100 teabags)
 
4%
Sakata BBQ Rice Crackers (100 g)
 
4%
Cheapest full-cream milk (1 L)
 
5%
Cheapest white sliced bread (700 g)
 
6%
Arnott’s Tim Tam Original (200 g)
 
7%
Jif Cream Cleanser (375 mL)
 
7%
Sunrice Premium White Long Grain Rice (2kg)
 
7%
McCain Frozen Peas (500 g)
 
8%
Cheapest bacon middle rashers (250 g)
 
8%
Chum Canned Dog Food (1.2 kg)
 
10%
Cottees Strawberry Conserve (500 g)
 
10%
Kraft Singles Cheese Slices (12 slices)
 
14%
Cadbury Dairy Milk Chocolate Block (250 g)
 
16%
Ski D’Lite Yoghurt (2 x 200 g)
 
17%
CSR White Sugar (2 kg)
 
23%
Moccona Freeze Dried Instant Coffee (100 g)
 
23%
Coca-Cola (1.25 L)
 
27%
SPC Baked Beans (425 g)
 
40%
Cheapest canola oil (750 mL)
 
45%
Goulburn Valley Peach Slices (825 g)
 
46%
 

Note: these changes don't include Aldi, because its own-brand products can't be directly compared with the brands we priced in other supermarkets. We priced some new items this year too, which aren't shown because they can't be compared with 2003 prices.

It’s been a busy four years in the supermarket industry since our last survey. Among the changes:

  • Coles Group (which acquired the chain Bi-Lo in the late 1980s) has begun converting all Bi-Lo stores into Coles supermarkets.
  • Coles has also made public its intention to sell the company, which also includes Target, Kmart, Officeworks and Liquorland.
  • Foodland Australia Limited (FAL) was the supplier to supermarkets such as Dewsons and Supa Valu and had a supermarket division called Action. It’s now been taken over by Metcash (supplier to IGA) and as a result most Action supermarkets have been converted to IGA supermarkets. Most of the supermarkets that used to be supplied by FAL in WA also agreed to adopt the IGA banner.
  • A merger between FoodWorks and Australian United Retailers (AUR) resulted in all AUR stores (such as Buy Rite and Cut Price) being rebranded as FoodWorks supermarkets.
  • Aldi has continued to grow since 2003, expanding in NSW, the ACT, Victoria and Queensland. It has now approximately 140 stores across the east coast of Australia.
  • Both Coles and Woolworths/Safeway have released their own private-label products, which is resulting in other smaller brands being dropped from their shelves.
 

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