Report recommends making Australia's food and grocery code mandatory for supermarkets over $5bn, strengthening supplier protections and imposing up to $10m fines for serious breaches.
Interim report by Craig Emerson recommends making Australia's food and grocery code of conduct mandatory for supermarkets with annual revenues over $5bn, including Coles, Woolworths, ALDI, and Metcash. The report suggests the mandatory code should strengthen protections for suppliers and impose penalties for non-compliance, with up to $10m fines for serious breaches. The report also proposes a low-cost alternative for mediation and arbitration to handle complaints.
April 07, 2024
34 Articles