The chair of the ACCC is due to say supermarket competition is one of its priorities due to concerns over food and grocery prices. Follow the day’s news liveGet our morning and afternoon news emails, free app or daily news podcastSpeaking on the superannuation initiative, Katy Gallagher said it would be funded in the budget, the legislation will move through and the funding would flow from 1 July, 2025.The final cost would be decided through the Budget process, she said.We have had to find room in the budget for it. We have taken the difficult decisions, finding savings and not spending in other areas to make sure we have got the room and we can do it in a responsible budget way. That is what has led to be in a position to make the announcement today. It is not in isolation of all the other work we are doing to improve the lives of women in this country. Continue reading…
Source link : https://www.theguardian.com/australia-news/live/2024/mar/07/australia-news-live-supermarkets-accc-competition-price-gouging-cost-of-living-sam-kerr-nsw-asbestos-mulch-epa
Author : Emily Wind
Publish date : 2024-03-06 20:19:17
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Australia news live: ACCC eyes more powers to tackle price gouging; study shows loneliness in young women
