Inside Australia’s price gouging problem

We know there’s a lack of competition in the Australian marketplace. Two big supermarkets, two big airlines and just a few more banks and electricity generators. 

It’s leading to prices that are “too high”, according to the former head of the competition watchdog Alan Fels. 

He’s finished a report into price gouging, and he has some ideas on how we can stop Australians from being ripped off. 

Today, investigative journalist Adele Ferguson explains how big companies trick us into paying more. 

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Adele Ferguson, investigative journalist