Metcash CEO Doug Jones has raised concerns over the hefty penalties proposed under a revised mandatory code of conduct, arguing that these fines won’t necessarily lead to lower prices for consumers seeking value. The federal government has accepted all 11 recommendations from Dr Craig Emerson’s review of the food and grocery code of conduct. This […]
Metcash CEO Questions Heavy Penalties Under New Grocery Code Read More »
In commerce, the voice of experience often resonates with authority, shedding light on intricate dynamics that evade the casual observer. Ralph Waters, former chairman of Woolworths, Australia’s retail titan, emerges from the shadows of corporate silence to deliver a resounding verdict on the storm brewing around supermarket pricing. With a tenure spanning from 2011 to
Former Woolworths Chairman Unveils ‘Truth’ on Supermarket Price Gouging Debate Read More »
Prime Minister Anthony Albanese is taking steps towards implementing more stringent controls on Australia’s largest supermarkets, aiming to reduce prices and address public concerns about living costs. Albanese is open to empowering the Australian Competition and Consumer Commission (ACCC) with greater authority, particularly after the ACCC raised concerns about the inadequacy of merger laws in
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