Supermarket profits could feed 1.5m needy kids

Key points

• The combined profits of Coles and Woolworths in 2025/26 could feed more than 1.5 million needy children for a year, a Greens-affiliated think tank says. The Green Institute's analysis is supporting its call for a chain of government-owned supermarkets selling cheap groceries.
• The institute estimates between 757,000 and one million children live in poverty across Australia. It says the two chains' profits rose 58 and 41 per cent since 2019, while real wages fell 6 per cent.
• The plan would cost $25.1 billion over five years, according to its modelling.