The Senate inquiry into supermarket prices has handed down its final report, calling for the sector to be overhauled and a competition policy to be introduced. The committee, made up of senators from all sides of politics, examined over 150 submissions and evidence given by dozens of witnesses at six days of public hearings across Australia. The inquiry's chair, Greens senator Nick McKim, said they heard "devastating" accounts of the effects of price gouging.
It also recommended the Food and Grocery Code of Conduct, which governs the relationship between supermarkets and supplies, be made mandatory. The code as it stands is voluntary and a separate review carried out by former Labor minister Craig Emerson also pushed for a mandatory code . The Senate committee called for the code to be made mandatory by 30 September, with it also taking in codes of conduct for the dairy and horticulture industry.
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