Bundles lupine mob off-set (7)

I believe the answer is:

packets

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'bundles' is the definition.
(I know this)

'lupine mob off-set' is the wordplay.
'lupine mob' becomes 'pack' (synonyms. I am not sure about the 'lupine' bit.).
'off' indicates an anagram.
'set' anagrammed gives 'ets'.
'pack'+'ets'='PACKETS'

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I've seen this clue in the Sydney Morning Herald.

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