cover image: Adding value: easing cost of living pressures through a price

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Adding value: easing cost of living pressures through a price

21 Sep 2023

We hope the Commonwealth Government use this inquiry as the starting point for strengthened legislation to improve resilience during future global events and natural disasters, and to examine the role of the ACCC as a source of support for consumers. [...] Is the organisation genuinely raising their prices to cover increasing costs or is it using unethHicEal T opportunistic tactics in a moment of consumer demand? And, in the case of the latterM, cwKellstihtuatte are the consequences for the consumer, particularly in a time of already high inflationIn? THE McKellInstitute . [...] The ACCC has been directed to act in favour of corporations, not consumers, for the last decade As a government agency, the ACCC’s remit is set by the government of the day. [...] Expand the ACCC’s remit to scrutinise price gouging and profiteering, and proactively market their work and resources to consumers The Senate has held two inquiries related to this issue that show the rising number of voices calling on the Commonwealth to act in their interest. [...] But the divide between the ‘haves’ and the ‘have nots’ is now cavernous, with price gouging playing a central and unacceptable part in the financial struggles of hard-working members of our society.
Pages
16
Published in
Australia

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