Bunnings. The name conjures images of weekend warriors, sausage sizzles, and that oddly satisfying smell of sawdust and fertilizer. It’s practically an Australian institution. But is there a darker side to this retail behemoth? ABC Australia’s “Four Corners” takes a hard look at Bunnings’ unchecked expansion and its impact on the Australian marketplace this Monday.
The report, “Hammered,” questions how Bunnings achieved such remarkable dominance and profitability. While many Aussies see it as a harmless source of DIY supplies and gardening gear, critics contend that Bunnings operates as a corporate predator, systematically undermining independent businesses and stifling competition. Some rivals go so far as to suggest that Bunnings’ market influence now surpasses that of Coles and Woolworths combined.
“Four Corners” examines whether regulators have turned a blind eye to the potential consequences of this retail monopoly. Has the cozy relationship between Bunnings and Australian consumers allowed the company to operate without proper scrutiny? For its part, Bunnings insists it’s just another player in a competitive field. But with its ever-expanding footprint and soaring profits, that claim is likely to be met with skepticism.
ABC business reporters Angus Grigg and Emilia Terzon present the investigation, produced by Elise Potaka. “Four Corners: We Love Bunnings” airs Monday, 12 May at 8:30 PM on ABC Australia and ABC iview.
