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Nationals: Fruit and vegetable prices need urgent ACCC Inquiry

January 9, 2024 6:56 am in by

Leader of The Nationals and Shadow Agriculture Minister David Littleproud is calling for an Australian Competition and Consumer Commission (ACCC) Inquiry into fruit and vegetables, to make supermarkets pay their fair share. 

As families struggle to pay for their food amid a cost-of-living crisis, supermarkets are still making record profits, even though all they are doing is putting fruit and vegetables on the back of a truck and onto the supermarket shelves, Mr Littleproud said. 

“Farmers are walking away because supermarkets are taking them for a ride,” Mr Littleproud said.

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Coles and Woolworths own 65 per cent of the market share and made record profits of more than $1 billion each last year.

Mr Littleproud said the matter was urgent and a Senate Inquiry into grocery prices this year wouldn’t go far enough.

Image: https://pixabay.com/photos/groceries-fruit-fruit-haul-vegan-1343147/

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