Coles Defends 'Down Down' Pricing Strategy as BHP Hits Record High | Business News Update (2026)

Are supermarket discounts too good to be true? Coles faces scrutiny over its ‘Down Down’ pricing strategy, but the retailer insists months of meticulous planning with suppliers ensure genuine savings. Meanwhile, BHP’s earnings soar to record highs, marking a significant structural shift in the industry. But here’s where it gets controversial: Is Coles’ approach to discounts truly beneficial for consumers, or is it just clever marketing? Dive into this story and more with a subscription that offers unparalleled value. For just $1 a week for the first 4 weeks ($4 minimum cost), then $44 every 4 weeks, you’ll unlock unlimited access to expert news, exclusive commentary, and daily puzzles. Or, lock in and save with $8 a week for the first 12 months ($416 minimum cost), charged as $32 every 4 weeks. And this is the part most people miss: Subscribers also enjoy complimentary access to The Wall Street Journal, subscriber-exclusive newsletters, and early access to tomorrow’s front pages. No lock-in contracts mean flexibility, but be sure to read the fine print. Behind these stories are the fearless journalists of The Australian, like Business Editor Vesna Poljak, whose two decades of experience in Australian business journalism bring clarity to complex financial topics. Award-winning investigative journalist Hedley Thomas uncovers the truth in legal, corruption, and political issues, while Editorial Director Claire Harvey pioneers digital storytelling. Literary Editor Caroline Overington champions writers and captivates audiences with her thrillers, and Political Editor Simon Benson delivers incisive political analysis. Here’s a thought-provoking question: In an era of fast-paced news, how crucial is it to have trusted voices like these cutting through the noise? Share your thoughts in the comments—we’d love to hear your take!

Coles Defends 'Down Down' Pricing Strategy as BHP Hits Record High | Business News Update (2026)
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