Coles and Woolworths offer economic measures as cost of living rises, including FREE vouchers

How YOU can save on your supermarket shop as Coles AND Woolworths introduced economy measures to ease the cost of living – including 10% off gift cards

  • Two biggest supermarket chains announce measures to tackle the cost of living
  • Woolworths sets prices for essential private label goods until the end of the year
  • Coles customers will need to act quickly as the offer is temporary until Tuesday

Australia’s biggest supermarket chains, Woolworths and Coles, have announced new measures to help tackle the cost of living crisis, with hundreds of dollars to be saved.

With the price of a weekly store rising every week, Woolworths is freezing the prices of essential private label products such as flour, sugar, tinned tomatoes, frozen peas, chicken fillets, washing powder and liquid dishes.

Coles is offering customers 10% off the total transaction price for $100 and $250 gift cards, although there are additional purchase fees and a limit on the number of cards you can to buy.

Coles customers will need to act quickly as the offer is temporary and ends next Tuesday, but Woolworths’ measure will last until the end of the year.

Coles (pictured) is offering discounted gift cards from Wednesday to Tuesday June 21, while supplies last

A $250 Coles Mastercard gift card, with a $7 purchase fee, will cost $231.30, meaning a savings of $18.70, while the $100 card, with a $5 $, will cost $94.50.

There is a limit of five cards per customer, so shoppers would save $93.50 if they purchased five $250 gift cards.

Price inflation initially mainly affected meat and imported products, but almost all food products have now increased.

Vegetables have been particularly hard hit, with some Australian supermarkets charging up to $12 for a head of iceberg lettuce due to a shortage caused by flooding.

The average Australian family spends more than $200 on groceries and basic necessities every week, according to Woolworths CEO Brad Banducci.

“We know it’s a big part of a household’s weekly budget.

“As we all grapple with the challenges of inflation, rest assured that the entire Woolworths team is committed to ensuring that you can always get the value from your Woolies.”

Mr Banducci advised shoppers to look for seasonal products, the house brand logo on packaging and to use the fuel discount when filling up their car.

Woolworths (pictured) has frozen the cost of many basic items until the end of the year in a bid to tackle the cost of living crisis

Woolworths (pictured) has frozen the cost of many basic items until the end of the year in a bid to tackle the cost of living crisis

The Coles gift card offer lasts from Wednesday to Tuesday, June 21. The company said most – 58% – of people use the cards on their weekly groceries, followed by utility and utility bills.

Coles manager Jonathan Torr said the company wanted to help people cope with the rising cost of living.

“We understand that many Australians are feeling the pinch of rising cost of living pressures and we are always looking for ways to provide the best value at Coles to help make a difference,” he said.

The average Australian family spends more than $200 on groceries and basic necessities every week, according to Woolworths CEO Brad Banducci.  Pictured is lettuce in a Woolworths store

The average Australian family spends more than $200 on groceries and basic necessities every week, according to Woolworths CEO Brad Banducci. Pictured is lettuce in a Woolworths store

“The 10% off select Coles Mastercards will provide temporary relief on everyday spending, as the gift cards can be used on anything from the weekly shop to paying household bills – they can even be used to maximize savings at other retailers during end-of-year sales.’

This offer is available while stocks last in Coles supermarkets.

Earlier this month, Coles said he would save many essentials for $1 or less, including pastas, soups and canned tomatoes.

As with Woolworths, it also encouraged shoppers to buy private label goods.

To see the full list of Low Price Freeze products, visit the Woolworths website.

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