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Anthony Albanese announces year-long investigation into supermarket prices by ACCC


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Prime minister says treasurer Jim Chalmers will direct competition watchdog to conduct 12-month price inquiry into supermarkets

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Supermarkets will be targeted in a price probe by the competition watchdog, the prime minister, Anthony Albanese, announced on Thursday.

In a speech to the National Press Club that sets out Labor’s new income tax plan, Albanese revealed two new measures to tackle rising grocery prices.

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Continue reading…Prime minister says treasurer Jim Chalmers will direct competition watchdog to conduct 12-month price inquiry into supermarketsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastSupermarkets will be targeted in a price probe by the competition watchdog, the prime minister, Anthony Albanese, announced on Thursday.In a speech to the National Press Club that sets out Labor’s new income tax plan, Albanese revealed two new measures to tackle rising grocery prices.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…