Original article by Tom McIlroy
The Australian Financial Review – Page: 5 : 3-Oct-24
The federal government has indicated that it will review the Unit Pricing Code of Conduct, and potentially expand its coverage to include more retailers. The government has been targeting supermarket pricing ahead of the federal election, and Prime Minister Anthony Albanese says that addressing the problem of ‘shrinkflation’ is part of its strategy to "get a better deal" for consumers. It is a common practice for manufacturers of packaged food and groceries to downsize their products while leaving the prices unchanged or even increasing them.
CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET