Supermarkets could face tougher rules as Labor frontbencher says some prices ‘don’t pass the pub test’

9 months ago 44

Former minister Craig Emerson has been named to lead a review of the Food and Grocery Code of Conduct

Supermarkets could face tougher rules on how they set prices or stiffer penalties from consumer complaints, with the Albanese government arguing big retailers should be passing on savings in grocery bills in a cost-of-living crisis.

As one frontbencher declares some prices “don’t pass the pub test”, the government will announce on Wednesday that the former Labor trade and consumer affairs minister Craig Emerson has been appointed to lead a review of the Food and Grocery Code of Conduct. The code governs how Aldi, Coles, Woolworths and Metcash, which operates IGA, deal with suppliers and customers.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...
Read Entire Article