OPINION: Aldi’s profit disclosure raises more questions

OPINION: Aldi Australia has more than doubled its profits in the past five years after boosting its sales to more than $6 billion. The German discount supermarket chain has revealed, in a submission to a Senate tax inquiry, that its pre-tax earnings rose from $121 million to $261 million between 2010 and 2013. Pre-tax profits are certain to have increased further in the past two years as the chain has continued an aggressive expansion program that has seen its share of the grocery market rise t

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