Supermarkets Tight-Lipped on Tim Tam Price Discrepancy

Coles and Woolworths executives have dunked a sticky question on why Tim Tams are cheaper in London than Australia in the lap of biscuit maker Arnott’s. A Senate committee is examining cost-of-living issues and what the federal government can do to reduce pressure on households. Woolworths chief commercial officer Paul Harker and Coles head of public affairs Adam Fitzgibbons said the supermarkets’ suppliers were facing increasing inflationary pressures.  Senator Jane Hume asked why packets of Tim Tam chocolate biscuits made by Australian-headquartered Arnott’s were more expensive in Coles and Woolworths than at UK supermarket chain Tesco in London.  Harker said it was a question for manufacturer Arnott’s and Woolworths wasn’t privy to the details of commercial deals with others in different markets. ...