Independent Review – Department of the Treasury
On 2 October 2020, the Minister for Housing and Assistant Treasurer, the Hon Michael Sukkar MP, announced changes to the Food and Grocery Code of Conduct (the Code), which is a voluntary code prescribed under the Competition and Consumer Act 2010.
The changes to the Code included: changes to the dispute resolution process; providing more detail and guidance on acting in good faith; changes to negotiating price rises; removing the ability to make retrospective changes in grocery supply agreements; and clarifying and extending application of the Code to wholesalers.