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On 24 June 2024, the Treasurer, the Minister for Agriculture, Fisheries and Forestry, and the Assistant Minister for Competition, Charities and Treasury jointly released the written report of the independent review of the Food and Grocery Code of Conduct (the Code), conducted by the Hon Dr Craig Emerson.
The purpose of the Code is to address harmful practices in the grocery industry stemming from an imbalance of bargaining power between supermarkets and their suppliers.
The Final Report makes 11 recommendations for improving the Code, including making the Code mandatory, drawing on submissions received during the Review.