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AAP
AAP
Politics
Tess Ikonomou, Andrew Brown and Kat Wong

Hefty fines, tougher code could cut grocery prices: PM

Anthony Albanese believes a supermarket mandatory code of conduct will cut grocery prices. (Con Chrosnis/AAP PHOTOS)

Supermarkets could be slapped with millions in fines under a mandatory code of conduct in a move the prime minister believes will reduce prices at the checkout.

An interim review of the voluntary Food and Grocery Code, which governs how supermarkets interact with suppliers, is calling for steep penalties for supermarkets that don't comply.

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