The supermarket crackdown and a surprise income tax cut are among a string of government proposals to ease the cost of living, which voters consistently cite as a top concern.
“Australians deserve a fair go at the checkout. We will hold the big supermarket chains to account,“ Albanese told reporters, promising to introduce legislation this year.
Asked how abuses would be addressed, he promised “heavy fines to make sure that they know that if they’re ripping people off, then they’re in the gun to pay a heavy penalty.”
Australia was looking at overseas examples of regulating unfair pricing, he said, including in Britain and the European Union.
Hung parliament scenario
James Paterson, senior member of the main opposition Liberal Party, said the prime minister had failed to define price gouging.
But the opposition also planned to introduce targeted divestment powers, which could be used as a “last resort” if supermarkets abused their market power, he said.
Annual consumer price inflation was 2.4 percent in the final quarter of 2024, after peaking at 7.8 percent in 2022.
That would translate into a hung parliament with Labor one seat short of a majority, it said, putting the government in a “strong” position to remain in power.
Hence then, the article about australian pm lures voters with supermarket crackdown was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Australian PM lures voters with supermarket crackdown )
Also on site :
- In 1930, 3 Entrepreneurs Started a Toy Company During the Great Depression; Today, It’s a Household Name
- Karen Hale’s mother has lived with breast cancer for nearly 30 years; now the Hales have given $50 million — the largest single gift ever to breast cancer research
- Steve Madden Started His Shoe Business in 1990 With Just $1,100; 30 Years Later, His Brand Was Selling More Than $1 Billion in Merchandise Annually