"Woolworths and Coles pay about 98% of revenue to stakeholders" | Brett Stevenson

Michael Stutchbury interviews Brett Stevenson about his new CIS paper The Discipline of Profit, which tests the claim that Woolworths and Coles have been raking in megaprofits at the expense of shoppers, suppliers and staff. Stevenson goes to the only place the argument can actually be settled: the companies’ own audited accounts. 👉 Support CIS Research: 🔹 Become a member:  https://www.cis.org.au/membership-2-step-1/  🔹 Make a donation: https://www.cis.org.au/support/donate/today/  🔹 Learn more: https://www.cis.org.au/  👉 Further reading: https://www.cis.org.au/publication/the-discipline-of-profit-what-supermarket-accounts-reveal-about-profiteering-debate/