On 2 March 2018, the Assistant Minister to the Treasurer, the Hon. Michael Sukkar MP released the terms of reference for the Food and Grocery Code of Conduct (the code) review and announced that Prof. Graeme Samuel AC has been selected as the independent expert to lead the review.
The review is intended to ensure that the code is working effectively as the first prescribed voluntary code under the Competition and Consumer Act 2010. The code regulates the conduct of those supermarket retailers and wholesalers who have agreed to be bound by the code in their dealings with suppliers.
Upon introduction of the code in 2014, Government also committed to review the code three years from its commencement. This requirement is prescribed in the Competition and Consumer (Industry Codes – Food and Grocery) Regulation 2015.
Public consultation will commence shortly. Consultation will be undertaken with a range of stakeholders (retailers, suppliers, farms, government, regulators, legal and international bodies) including in regional areas. An issues paper will be released followed by a draft report, with a final report due to the Government within six months.
Questions regarding the review may be directed to FGCreview@treasury.gov.au.