🦘 Huge Bulk Buy Discounts at Coles, Menulog Ditches Delivery Fees, Foxtel To Be Sold by News Corp

G’day everyone!

Here’s what we’ve got in store for you today:

• Huge Bulk Buy Discounts at Coles

• Menulog Ditches Delivery Fees

• Foxtel To Be Sold by News Corp

Let’s have a look at the market snapshot before jumping into the news:

Coles Steps Up to Take on Costco with Bulk Buy Bonanza!

Coles is shaking things up with a game-changing move: hello, bulk-buy bargains!

Now offering over 50 items in bulk, Coles aims to save shoppers up to a whopping 80% on household essentials.

From Nescafe coffee sachets and Huggies nappies to Finish dishwasher tablets and Bonds briefs, the "Big Pack Value" range is here to help you stretch your dollars further.

This bold strategy seems like a direct play against bulk-buy giant Costco, without the sting of a $65 annual membership fee.

While Costco boasts around 4,000 bulk items, Coles is starting with just over 50 but with some serious savings.

Deb Galle, Coles’ General Manager for Health and Home, highlighted a survey of 15,000 Aussies, revealing that nearly 30% are turning to bulk buys more than ever to cope with rising costs.

Whether it's a 50-pack of Duracell batteries for $31 (a 57% saving) or a Coca-Cola Mini Variety 24-pack for $22 (43% off), the savings stack up.

But watch that budget!

Sarah Megginson, a finance expert, advises shoppers to buy intentionally and avoid the dopamine rush of overspending.

Plan your purchases and think about how long they'll last to truly benefit from these deals.

Time to stock up, avoid membership fees, and still save big!

Menulog's Savvy Move to Ease Wallet Woes: Free Delivery for 100 Days!

Menulog is swooping in to save the day (and your dollars) with a fantastic cost-of-living measure – free delivery for the next 100 days on all orders over $20.

Just pop in the code FREEDOM100 at checkout, and voila! Goodbye, delivery fee.

In light of climbing expenses, Simon Cheng, Marketing Director at Menulog Australia, dubbed this generous offer a “thank you” to loyal customers.

"The 100-day offer will support Aussies through to the busy holiday season, easing budget pressures as they navigate gifts and family gatherings," Cheng said.

Available on all of Menulog's partner outlets, this offer couldn't be more timely. With delivery charges sometimes hitting $10, that's a big win for foodies nationwide.

If that wasn't enough, Menulog has also launched its new Delivery Pass feature, vanquishing delivery fees for a set period.

Just hop into the rewards section of the app and activate it 24 hours after an order.

Competitor Uber might charge $9.99 monthly for similar perks, but Menulog is dishing out the savings for free.

So, ready your taste buds – the next 100 days of takeaway just got a whole lot cheaper!

Foxtel on the Block: News Corp Open to Selling Amid Streaming Wars

It’s business as usual at Foxtel, despite a potential shake-up from its parent company, News Corp.

CEO Patrick Delany has reassured everyone that the pay TV giant is staying focused, even as word drops that News Corp might sell.

With streaming competition heating up, especially with Warner Bros’ Max set to steal HBO hits from Foxtel’s Binge service, Delany is confident in the diverse content pipeline keeping Foxtel afloat.

Thursday saw News Corp’s global chief, Robert Thomson, hint at “third-party interest” in Foxtel, praising its recent success under Delany despite past doubts about its future.

Binge and Kayo, Foxtel’s key streaming services, now boast over 1.5 million subscribers each, along with the recently launched streaming aggregator Hubbl.

Even so, the looming NRL rights negotiations could be a game-changer for Kayo.

Telstra, Foxtel’s minority owner, is equally ambivalent about the sale's future.

While there’s no guarantee of a transaction, the interest marks a significant moment in Australia's media landscape.

As the streaming battle intensifies, it’ll be intriguing to see whether Foxtel’s adaptability keeps it in the game or if passing the baton to new ownership is the next play.

Secure Parking Slammed with $10.9M Fine for Misleading ‘Secure-a-Spot’ Claims

Australia's largest paid parking provider, Secure Parking, has found itself in hot water, landing a hefty $10.9 million fine.

The Federal Court, prodded by the ACCC, nailed the company for misleading thousands of customers with its so-called "Secure-a-Spot" service between July 2017 and June 2022.

Here’s the scoop: Secure Parking’s pitch was that customers would get their spots guaranteed.

Reality check? The service was more of a hopeful guess based on forecasted vacancy levels.

In true parking-roulette style, spaces were often double-booked, leaving many unlucky parkers frustrated and spot-less.

Even worse, Secure Parking admitted they knew the spots weren't truly reserved but kept pushing the service anyway.

The debacle only hit the brakes when the ACCC got involved, despite numerous customer complaints over the years.

As a part of the fallout, aside from coughing up the fine, the company must also inform customers about the case on their website, revamp its complaint system, and get a senior manager to oversee a new compliance program.

Justice Nye Perram acknowledged the company’s full cooperation once the case began, but didn’t shy away from calling out their intentional misleading marketing.

ACCC Commissioner Liza Carver hopes this serves as a wake-up call to all businesses: there's a steep price to pay for misleading customers about your services.

You Made It!

If you’ve read all the way up to here, we just wanted to let you know that you’re an absolute legend!

Time to go to work and show off how clued up you are about what’s going on in the business world 💪

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