The milk war is over.
Coles and Aldi will follow Woolies lead and up the price of their home brand milk by 10 cents from today.
“Coles is currently paying dairy processors the highest farm gate milk prices in four years, without passing on the added expense to customers. However it is clear that many dairy farmers, particularly in New South Wales and Queensland, are struggling as a result of drought,” a spokesperson for Coles said in a statement.
Aldi said their decision was made following “extensive discussion with key stakeholders in the dairy industry.”
Two litres of Coles Brand milk will rise $2.20, and three litre Coles Brand milk to $3.30, with prices increasing over the coming days.