Labor’s so-called crackdown on petrol corporations will do nothing to rein in petrol prices, and won’t stop corporations using the cover of war to price gouge, the Greens say.
\u201cLabor\u2019s proposal won’t stop petrol companies price gouging,” Greens Economic Justice Spokesperson Senator Nick McKim said.<\/p>\n\n\n\n
“It will only increase penalties for lying about why prices are rising, while doing nothing to actually stop prices rising.\u201d<\/p>\n\n\n\n
\u201cAustralians are being slugged at the bowser, and the Government\u2019s response is simply fiddling at the margins.\u201d<\/p>\n\n\n\n
“Corporations are using the war as cover for price rises across the economy, so the government’s response needs to be economy wide.”<\/p>\n\n\n\n
\u201cThe Greens pressured Labor into cracking down on supermarket price gouging, but Labor is now sitting back and allowing price gouging without consequence.\u201d<\/p>\n\n\n\n
\u201cIf price gouging laws are good enough for supermarkets, they should apply across the entire economy.\u201d<\/p>\n\n\n\n
“Labor’s piecemeal response means that Australians will pay higher prices than they should right across the economy.”<\/p>\n\n\n\n
\u201cThe coming inflation spike won\u2019t stop at petrol. We already know that fertiliser costs are going up, which will flow through to farmers and food prices.\u201d<\/p>\n\n\n\n
\u201cWe need economy-wide anti price gouging laws so corporations can\u2019t use the war as cover to boost profits. The Greens have already drafted a Bill that would do this.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Labor’s so-called crackdown on petrol corporations will do nothing to rein in petrol prices, and won’t stop corporations using the cover of war to price gouge, the Greens say. \u201cLabor\u2019s proposal won’t stop petrol companies price gouging,” Greens Economic Justice Spokesperson Senator Nick McKim said. “It will only increase penalties for lying about why prices … Continue reading “Labor’s plan won’t stop petrol price gouging”<\/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-38059","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\/38059","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=38059"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/38059\/revisions"}],"predecessor-version":[{"id":38060,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/38059\/revisions\/38060"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=38059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=38059"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=38059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}