Australian retailers defend pricing

Australian retailers defend pricing

The Senate Inquiry investigating supermarket pricing and practices were told by retailers that the key drivers of higher shelf prices are cost price increases sought by suppliers and farmers. Both retailers submitted they had received large numbers of requests from...
Australian retailers defend pricing

Govt changes biosecurity tax

To ensure equity and transparency, the Australian Federal Government made changes to its Biosecurity Protection Levy following months of protests from the agriculture sector. The biosecurity tax will be set according to an industry’s average share of gross...
Australian retailers defend pricing

ACCC to conduct retail price inquiry

Another day, a new inquiry! This time prime minister Anthony Albanese has directed the Australian Competition and Consumer Commission (ACCC) to conduct a 12-month inquiry into the pricing practices of supermarkets and the relationship between wholesale (including...
Australian retailers defend pricing

Dairy code review under way

The second review of the Australian Dairy Code of Conduct has opened with the Department of Agriculture, Fisheries and Forestry (DAFF) seeking feedback on the topics raised in the first review report. DAFF is seeking feedback on recommendations for improvement of the...
Australian retailers defend pricing

Sentiment weakens in January

  Cost of living and interest rates continue to dominate consumer sentiment, which weakened 1.3% in January according to the Westpac– Melbourne Institute Consumer Sentiment Index. The continued pessimism is despite  a notable easing in fears about further...
Australian retailers defend pricing

Buyback uncertainty for irrigators

Increased buybacks allowed for in the federal government’s Restoring Our Rivers Bill is leaving the Murray River Group of Councils (MRGC) “massively exposed and disappointed following a recent meeting with the Murray-Darling Basin Authority. Councils will be...