Australia's Woolworths, Coles warn of extra costs after court's wage case ruling

Coles

08/09/2025 01:08

Sept 8 (Reuters) - Australia's top supermarket chains Woolworths WOW.AX and Coles COL.AX said on Monday they could incur millions in additional remediation costs following the federal court's decision on historical underpayments to staff.

Woolworths expects A$180 million ($117.9 million)-A$330 million in post-tax charge, while Coles estimates A$150 million-A$250 million in remediation bill, the firms said in separate statements.

($1 = A$1.5263)

 (Reporting by Himanshi Akhand in Bengaluru; Editing by Sumana Nandy)

 ((Himanshi.Akhand@thomsonreuters.com;))