Albanese calls in ACCC for inquiry into supermarket pricing

Kalila Welch

January 25, 2024 2:10

Speaking today at the National Press Club, Prime Minister Anthony Albanese has announced the ACCC will conduct a 12-month inquiry into supermarkets and price gouging.

The inquiry, which will be directed by Treasurer Jim Chalmers, comes as major supermarket chains Coles and Woolworths have been under public scrutiny for increasing their margins during a cost of living crisis.

It follows the establishment of the Senate’s Select Committee on Supermarkets Prices in December, lead by The Greens.

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Kalila Welch

Kalila Welch joined the Mumbrella editorial team in November 2021. She took a brief career break in mid 2023 to complete her Masters of Journalism before returning to Mumbrella for a year.

Topics

1 COMMENTS

Taxman 25 Jan 24

Interesting to read the Herald Sun’s apoplectic coverage of the Stage 3 tax changes today – including a quote from a retail worker angry about the revisions. Not sure what retail work earns over $150k…

User ID not verified.