The Albanese government, in a fresh strike against the supermarkets, has announced it will work with the states to reform regulations to help boost competition by opening more sites for new stores.
The government also is providing about $30 million to the Australian Competition and Consumer Commission to assist it to undertake more investigations and enforcement in the supermarket and retail sectors.
This follows the ACCC’s launch of legal action against Coles and Woolworths for alleged dodgy discounting practices.
