Costco on the Coast

To promote greater competition and choice for Central Coast residents, Federal Member for Robertson, Dr Gordon Reid MP, has launched a community survey gauging the level of support for a Costco warehouse in the region.

The Central Coast is one of the fastest growing regions in Australia with a population of more than 350,000 people. According to the latest population statistics, the Central Coast region will be home to roughly 400,000 to 415,000 people by the years 2035-2036.

The Australian grocery sector is one of the most highly concentrated, dominated by an oligopoly that control around 67% of the market. This means prices for everyday grocery items may remain stable or artificially inflated as there are limited firms competing for market share.

New additions into the grocery sector like Costco are challenging existing players and helping promote competition.

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We acknowledge the Traditional Custodians throughout Australia, and acknowledge their continuing connection to lands, waters and community.

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Authorised by Dr G Reid, Level 3, 69 Central Coast Highway, West Gosford, NSW 2250