There is a cheaper alternative to supermarkets, but most people don't know it exists
www.abc.net.au
Families and neighbours shopping through informal co-ops are saving hundreds, but the business model could help apply major competitive pressure to the major supermarkets.

  • In short: Families are making significant savings on their grocery bills by forming small shopping co-ops.

  • Cooperative business structures account for less than 1 per cent of the supermarket sector in Australia.

  • What’s next? The peak body for co-ops is calling for more government support for the business model.

  • vividspecterEnglish
    1·
    4 months ago

    Fees have almost entirely gone away for most banks these days (at least the ones I’ve used), so I get the inertia. It certainly didn’t make sense when people would stay on the likes of CBA back when they had monthly fees and a savings rate much lower than third party banks and some credit unions.