Senate supermarket inquiry: Committee calls for price gouging to be made illegal
Supermarkets could be legally barred from setting exorbitantly high prices if the government adopts the rec...
Source: 9news.com.au
Consumer Amendment News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Consumer Amendment. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Consumer Amendment Today - Breaking & Trending Today
Supermarket prices: final report
Australia's supermarket sector is one of the most concentrated in the world. A key recommendation from this inquiry is for the Australian government to amend the Competition and Consumer Act 2010 to create divestiture powers specific to the supermarket sector, where a supermarket has been found to have misused their market power.
Source: apo.org.au
Allan Fels: Courts should have the power to break up big businesses that behave badly
Former ACCC chair professor Fels had also recommended such a power earlier this year in his report to the Australian Council of Trade Unions.
Source: smartcompany.com.au
Energy policy: Australia's reputation as a reliable energy supplier to Asia is under threat
Labor’s gas market intervention will also jeopardise the flow of LNG that is critical underpinning our Asian trade partners progress on their climate targets.
Source: afr.com
Options to ensure the domestic wholesale gas market delivers for Australians
This consultation paper seeks input on the design of the gas elements of the Government’s plan to address high energy prices and ensure that our wholesale gas markets deliver adequate supply at reasonable prices and on reasonable terms to domestic users.
Source: treasury.gov.au