Senate debates

Wednesday, 27 March 2024

Bills

Competition and Consumer Amendment (Divestiture Powers) Bill 2024; Second Reading

9:52 am

Photo of Janet RiceJanet Rice (Victoria, Australian Greens) Share this | Hansard source

The Competition and Consumer Amendment (Divestiture Powers) Bill 2024 that my colleague Senator McKim introduced today is a solution. It is something that would help address the outrageous price gouging by the big duopoly, Coles and Woolworths. Coles and Woolies control supermarket prices in Australia.

We have heard my colleagues Senator McKim, Senator Cadell and Senator Tyrrell outline in some detail the power the big supermarkets have. I'm not going to continue to outline that solution, which is a real solution. The fact that we have support from across the parliament for this is a solution.

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