The Greens welcome more funding for the ACCC and closer scrutiny of land banking, but warn that these measures alone won\u2019t bring down food and grocery prices.<\/p>\n\n\n\n
\u201cLabor is scrambling to catch up, but without divestiture powers and stronger anti-price gouging laws, this is just fiddling at the margins,\u201d Greens Economic Justice Spokesperson Senator Nick McKim said.<\/p>\n\n\n\n
\u201cColes and Woolworths continue to exploit their dominance, and only making price gouging illegal and breaking up the duopoly will deliver fairer prices for shoppers.\u201d<\/p>\n\n\n\n
\u201cLabor remains the only party standing in the way of serious reform.\u201d<\/p>\n\n\n\n
\u201cThe Greens have long advocated for divestiture laws to prevent Coles and Woolworths from using their market power to gouge consumers.\u201d<\/p>\n\n\n\n
\u201cToday’s announcement is a small step, but it\u2019s far from enough.”<\/p>\n\n\n\n
\u201cWithout giving the ACCC the ability to break up the duopoly and hold them accountable for price gouging, Australians will continue to suffer at the checkout.\u201d<\/p>\n\n\n\n
\u201cThe Greens have legislation ready to go, and we\u2019re calling on Labor to finally back real competition.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The Greens welcome more funding for the ACCC and closer scrutiny of land banking, but warn that these measures alone won\u2019t bring down food and grocery prices. \u201cLabor is scrambling to catch up, but without divestiture powers and stronger anti-price gouging laws, this is just fiddling at the margins,\u201d Greens Economic Justice Spokesperson Senator Nick … Continue reading “ACCC Needs More Power, Not Just More Money”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-29381","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/29381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=29381"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/29381\/revisions"}],"predecessor-version":[{"id":29382,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/29381\/revisions\/29382"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=29381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=29381"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=29381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}