- due to Israel and America
this post was submitted on 24 Apr 2026
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Welp, time to hoard milk and bread I guess.
I honestly think articles like this are irresponsible reporting because they create panic and invite precisely the kind of hoarding that will make the problem more likely to occur.
It's important to be informed about what is happening so that we can hold our politicians accountable in advance and ask them "What are you going to do about this? How are you going to help the most vulnerable? When are you going to take such measures?
heavens fucking forfend the supermarkets dint their profits slightly absorbing an increase in operating costs.
I’m not australian but i did work for a food wholesaler. Supermarkets operate on razor thin margins. Usually between 0.5 and 2% margin. Absorbing costs will cause them to go out of business.
As a non-australian you might wanna google "Colesworth"
EBIT margins alone are roughly 5–6% but those two cunts are ranked amongst the most profitable globally.
Woolies does au and nz. Coles is an Australian-exclusive operation. And they're still among the most profitable in the world.
Thankfully just in time procurement let's them keep the line going up without having to pay undue warehousing costs (instead passing storage and transport on to consumers, seeing as it's in our best interest to hoard due to 'supply chain issues', [go for tinned], you knew about that right?) /s
Thus making us fragile to disruptions like this (see also offshoring petroleum refining [as much as I hate fossil fuels, if Australia exports more crude than it uses, shouldn't we be immune to this shit, but no globalisation means it's cheaper to refine overseas due to low labour cost]).
Labor, one term of going full throttle on locally making solar cells and batteries (we have all the raw materials, [steal or buy, IDC, but I'd like steal better, China'd do us ] the processing tech ) and you'll get 3 terms with the Greens and electorate backing you.