Woolworths Faces Federal Court Over ACCC Allegations as ASX Slips After Early Gains

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Supermarket giant Woolworths is set to appear in the Federal Court after the ACCC launched action accusing the retailer of misleading discounting practices. The case marks the latest scrutiny of major supermarket pricing behaviour amid ongoing cost‑of‑living pressures.

Meanwhile, the Australian share market opened in positive territory on Tuesday but later dipped into the red, mirroring a weaker session on Wall Street overnight. Investors are watching global signals closely as earnings season continues and economic uncertainty weighs on sentiment.

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