House debates

Wednesday, 3 July 2024

Questions without Notice

Grocery Prices

2:40 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

We're making mandatory what they had as voluntary, and that will mean that businesses will face fines of up to $10 million if they break the code, the heaviest fines of any industry code. We have partnered with CHOICE to give households better information about prices. We banned unfair contract terms and directed the ACCC to conduct an inquiry. All of these actions are designed to bring prices down.

One thing that all of the experts agree on to push up prices would be divestiture, a policy that's supported by the Greens and the Nationals before, and now it's supported by the Liberals as well. Two days after the big announcement, we're yet to get a question from those opposite, so we've got to organise our own questions about their policies! But I am glad that we were obliged by the member for Hasluck. This isn't so much a policy as an unexpected item in the baggage area! That's what this is. As an independent review states—

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