We’re all paying more for groceries in a cost-of-living crisis because supermarkets are hiking prices higher than they need to. That’s according to one of the foremost competition experts in Australia, Prof Allan Fels, who presented a scathing report on price gouging last week. It’s the first of a number of inquiries to be held this year examining how supermarkets set their prices and the tactics they use to increase profits. Senior business reporter Jonathan Barrett tells Jane Lee whether these inquiries will bring consumers relief at the checkout and what can be done to reduce the costs of everyday items