Video Description

Australians love Bunnings — it’s where we go for our weekend sausage sizzle and to fulfil our DIY dreams. But what if the store Australians trust most is not as benign as it would have us believe? Bunnings has quietly become one of Australia’s most dominant and profitable retailers, with rivals saying its market power matches Coles and Woolworths combined. Yet it faces none of the scrutiny of the big two supermarkets. Critics also claim it’s a corporate predator systematically picking off independents, shutting down competition and abusing its dominance with suppliers. For its part Bunnings insists it’s just another competitor in a crowded field. A full response from Bunnings to Four Corners can be found here: https://s3.documentcloud.org/documents/25938858/bunnings-response-to-four-corners.pdf CHAPTERS 00:00 – Australia’s most trusted brand 02:20 – Bunnings Sausage Sizzle 03:40 – Profits and market share 04:10 – Comparison to Coles and Woolworths 07:25 – “Lowest prices are just the beginning” 08:38 – Setting up shop 12:20 – Prime locations 14:00 – How did Bunnings get here? 16:00 – Price match guarantee 17:10 – Hidden home brands 21:30 – Relationship with suppliers 23:30 – Worm farm 28:00 – Senate Inquiry 31:05 – 5 million dollars' worth of kitchens 34:00 – Price Comparison 36:00 – Tool Kit Depot 37:30 – Government action 41:20 – Reduced competition Find out more here: https://www.youtube.com/watch?v=2pplDr3EhAM Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia