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Labor supports grocery retailing probe.

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Labor Supports Grocery Retailing Probe Joel Fitzgibbon - Shadow Minister for Small Business

Media Statement - 8 February 2001

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Today, the Labor Party supported a Senate motion which will provide the Australian Consumer and Competition Commission with a reference to inquire into the prices grocery retailers pay for their goods.

The move was triggered by concerns within the small and independent sector that Australia's major retail chains secure their suppliers more cheaply, and in a way which contravenes the Trade Practices Act.

Labor's small business spokesman, Joel Fitzgibbon, welcomed the initiative and said the investigation should put the issue to rest once and for all.

"This is an issue the Joint Select Committee on the Retailing Sector grappled with two years ago but found difficult to arrive at any conclusions in this complex area, " Mr Fitzgibbon said.

"Because the Government refused to accept and adopt the Committee's recommendations on the matter, I'm pleased the ACCC will now be able to utilise its expertise and resources to determine whether small land independent players are being disadvantaged by unlawful tactics."

The ACCC has been asked to report on their findings later this year.

Authorised by Geoff Walsh, 19 National Circuit, Barton ACT 2600.