Australia to make supermarket industry code mandatory, breaches may result in huge fines

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 39 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

Woolworths Noticias

Code Of Conduct,Metcash,The Federal Government

Australia could impose billion dollar fines on big supermarket chains that fail to comply with an industry code of conduct, the federal government said on...

SYDNEY - Australia could impose billion dollar fines on big supermarket chains that fail to comply with an industry code of conduct, the federal government said on Monday as it seeks to address concerns that suppliers have been unfairly squeezed on pricing.

"This is about getting a fair go for families and a fair go for farmers," a joint statement by Treasurer Jim Chalmers, agriculture minister Murray Watt and competition minister Andrew Leigh said. Representatives for Woolworths and Coles said their companies would consider the report's recommendations and the government's response and were committed to supporting a sustainable grocery sector.

"To protect growers we need a code with strong enough deterrents to influence behavior in the supply chain."Donald Trump has claimed he’s better for Jewish Americans than Democrats, but according to a former senior Trump Organization executive, the former president reveled in making Nazi jokes around his Jewish employees.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in MX
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

US Usurps Australia as New Zealand’s Number 2 Export MarketThe US overtook Australia as New Zealand’s second-biggest export market last month amid increased demand for wine and meat.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »