date:May 27, 2016
Yesterday, May 25, supermarket giant Coles announced that it has dropped the price of bananas across its New South Wales stores to just $1/kg, for one week only. The market is experiencing an oversupply of the fruit, hence the decision to make it available for 50c cheaper to encourage consumers to enjoy more of it and support growers.
Ideal growing conditions had led to an abundance of bananas in the market, which has meant the price of bananas has dropped 60 per cent in the past three m