These stories have been compiled from various subscriptions to keep you updated on the ACCC Supermarket Enquiry
Australia’s new bill targets supermarket misconduct with hefty fines
28 November 2024
The new mandatory Food and Grocery Code of Conduct will take effect from 1 April 2025.
The Australian government has tabled the Treasury Laws Amendment (Fairer for Families and Farmers and Other Measures) Bill 2024 in parliament, targeting supermarket misconduct with hefty fines.
ACCC investigates Coles and Woolworths over alleged grower exploitation
25 November 2024
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Coles and Woolworths have been subpoenaed to provide evidence at this week’s ACCC hearings as part of their inquiry into supermarket practices. The NFF Horticulture Council is urging the ACCC to focus closely on these supermarkets’ actual buying practices and procedures.
Media Release: ACCC Supermarkets Inquiry moves into next phase after hearing consumer and supplier concerns
Many Australian consumers and grocery suppliers have told the ACCC they are concerned that some of Australia’s supermarket retailers have considerable market power and are engaging in practices which disadvantage both their customers and suppliers.
Woolworths admits to inaccurate supplier forecasts in ACCC inquiry
25 November 2024
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In testimony provided today at hearings as part of the ACCC Supermarket Inquiry, current and former senior managers at Woolworths have admitted to shortcomings in the accuracy of forecasted volumes it has provided to fresh fruit and vegetable suppliers.
NFF criticizes draft changes to Australia's food and grocery code
25 November 2024
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In Australia, the government’s recent release of a draft for the Competition and Consumer (Industry Codes – Food and Grocery) Regulations 2024 has sparked debate. This draft, aiming to amend the Food and Grocery Code of Conduct, has been met with criticism from the National Farmers Federation (NFF) Horticulture Council for not adequately addressing the power imbalance between supermarkets and fresh produce growers.
Coles under scrutiny for unfair supplier practices in ACCC inquiry
25 November 2024
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Testimony provided today by Coles senior executives, at hearings as part of the ACCC Supermarket Inquiry, has revealed how hollow supermarket commitments on price and volume are for fresh produce suppliers.
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