ASIC: Woolies, Coles misled customers, RBA board changes unlikely, EV prices fall

Tuesday 24 September 2024

The corporate cop sues Woolworths and Coles, claiming they misled customers by saying they were dropping prices when they were actually increasing them. 

And more, including:

• Plans to change the Reserve Bank board look dead in the water. 

• A nuclear reactor at the notorious Three Mile Island site in Pennsylvania is to be activated for the first time in five years 

• And the price of the cheapest EV in Australia drops below $31,000 for the first time. 

New podcast alert: The Property Pendulum, brought to you by Domain and Fear & Greed, is out now. Find out which way the property market will swing, and how to make the most of it. This week’s episode: Four things every home buyer needs to know before making an offer. Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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