Are Woolies and Coles ripping you off?

The federal government is reviewing the supermarket code of conduct over concerns about the gap between food prices charged by big supermarkets and those paid to farmers. 

While a separate senate inquiry will examine alleged price gouging by Coles and Woolworths in coming months.

Supermarkets have denied accusations of profiteering and say they’re experiencing economy-wide inflationary pressures. 

Today, business columnist Elizabeth Knight what an inquiry may be able to tell us.

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