The Guardian

Supermarkets to be liable for ‘heavy fines’ as Labor promises price gouging crackdown


Anthony Albanese says his government, if re-elected, will establish taskforce to investigate ‘excessive’ pricing regimes, and it will be enforced by ACCC

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Anthony Albanese has promised that a re-elected Labor government will outlaw price gouging by supermarkets by the end of the year, marking the first big policy announcement of the campaign.

The prime minister on Sunday announced Labor will act on recommendations made by the Australian Competition and Consumer Commission (ACCC) to improve transparency about supermarket prices, promotions and loyalty programs.

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Source link : https://www.theguardian.com/australia-news/2025/mar/29/labor-promises-price-gouging-crack-down-on-supermarkets

Author : Benita Kolovos Victorian state correspondent

Publish date : 2025-03-29 23:57:00

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