Achi news desk-
“When you look around the world our grocery prices are higher, our profit margins are higher,” state Sen. Matt Cannon told 9News.
The opposition is picking a new fight with the two big supermarkets, and is working on new laws long-dumped by the Nationals that could see the big companies’ assets sold off as a last resort if they repeatedly abuse their market power.
“The threat of doing it alone will force better behavior,” Kanban said.
Assistant Secretary Patrick Gorman disagreed.
“This seems more about reconciling the National Party than good public policy,” he said.
Google data reveals where the cost of living crisis bites hardest
The Greens have a broader policy before parliament, which business groups have attacked.
The prime minister calls them Soviet-style laws, and prefers an investigation into pricing practices in supermarkets.
“We’re going to look at sensible policy solutions that basically look at how you make sure Australians get cheaper prices at the supermarket,” Gorman added.
Wherever the coalition lands on shaping these new powers, it will undoubtedly sharpen the political context on the cost of living ahead of the next federal election.
