Government Inquiries Archives - Consumers' Federation of Australia

22 August , 2024

Inquiry into ‘big box’ retailer price setting

The Senate Standing Committee on Economics has recently opened an inquiry into the price setting of ‘big box’ retailers with submissions open now until 27 September 2024. The Committee’s Terms of Reference for the inquiry and subsequent report to the Australian Senate is: a. the market behaviours of such retailers, including price negotiation practices, abuse…

25 June , 2024

Government Accepts All Recommendations to Strengthen Food and Grocery Code

The Albanese Government will strengthen the Food and Grocery Code of Conduct, accepting all recommendations of a recent independent review into the Code as part of a wide?ranging cost?of?living crackdown on anti?competitive behaviour in the food and grocery sector. This is about getting a fair go for families and a fair go for farmers. Our…

15 May , 2024

Senate Supermarket Inquiry Recommends Grocery Price Transparency

The 14 recommendations of a Senate Select Committee inquiry into supermarket prices included several aimed at increasing the transparency of retail grocery prices for consumers. These recommendations included (in Recommendation 9 ) that: The Australian Government amend the Unit Pricing Code made under the Competition and Consumer Act 2010, so that supermarkets are required to:…

13 May , 2024

Financial Abuse Inquiry – 1 month left for written submissions

The Parliamentary Joint Committee on Corporations and Financial Services commenced an inquiry into the systems and regulatory framework relating to financial abuse at the start of April 2024. The period for written submissions is now half-way through and will officially end on 14 June 2024. Submissions can be made publicly but the committee is also…

22 April , 2024

Advocates Call For Supermarket Inquiries to Recommend Clearer Pricing

The Queensland Consumers Association (QCA) is calling for the inquiries into supermarkets now being undertaken by a Senate Select Committee, the Australian Competition and Consumer Commission (ACCC) and a Queensland Parliament Select Committee to recommend improvements to the clarity of supermarket pricing. In submissions to each inquiry, the QCA says improvements are essential in order…

15 April , 2024

Second Round Opens for Queensland’s Inquiry into Supermarket Pricing

The Supermarket Pricing Select Committee wishes to advise that they have opened a second round of submissions to the Inquiry into Supermarket Pricing which will close at 10am on Friday, 19 April 2024. Guidelines for making a submission to a parliamentary committee are available here: Guide to making a submission. Submissions can be made online…

5 April , 2024

Submission Call for National Competition Policy

The Productivity Commission is undertaking a study to assess the economic effects of national competition reforms. It is now inviting community members to share perspectives, experiences and expertise on national competition matters and modelling competition reforms. The Commission’s review is occurring against a backdrop of declining productivity growth in the past decade. As such, a…

25 March , 2024

Inquiry into Wholesale Investor and Wholesale Client Tests

On 20 March 2023, the Parliamentary Joint Committee on Corporations and Financial Services commenced an inquiry into the wholesale investor test for offers of securities (Section 708 of Chapter 6D of the Corporations Act 2001) and the wholesale client test for financial products and services (Sections 761G & 761GA of Chapter 7 of the Act) (referred…

21 March , 2024

Queensland Inquiry into Supermarket Pricing Open

Submissions are open for an inquiry being undertaken by the Supermarket Pricing Select Committee which was established by the Queensland Parliament on 7 March 2024. Information about the committee can be accessed here.

The committee is calling for submissions to the Inquiry into Supermarket Pricing by 10am on Tuesday, 2 April 2024. Information about how to make a submission to the inquiry and planned public proceedings is provided below.

18 March , 2024

ACCC to Examine Internet Search Services for Five Year Inquiry

“Significant changes have occurred since the ACCC last examined search services in 2021. We’ve seen new laws introduced overseas that place obligations on so-called gatekeeper search engines and the emergence of new technologies, like generative AI, that have changed the way consumers search for information online and may be impacting the quality of the service they are receiving,”

12 February , 2024

Consumer Price Transparency and Product Information to be Improved in UK

Following public consultation on ways to improve price transparency and information about products for consumers, the UK government has announced that it will make several changes.

8 February , 2024

Supermarkets, airlines and power companies are charging ‘exploitative’ prices despite reaping record profits

A lack of transparent pricing information caused a poor understanding by consumers of how prices were set. This was significantly worsened by a lack of competition. While market concentration was a major issue, the inquiry found prices in Australia are way higher than in many other less competitive markets.

Large price increases occurred across many sectors.