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General Discussion >> Federal Politics >> We Need Economy-Wide Anti Price Gouging Laws
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Message started by whiteknight on Mar 20th, 2026 at 10:55am

Title: We Need Economy-Wide Anti Price Gouging Laws
Post by whiteknight on Mar 20th, 2026 at 10:55am
Labor's plan won't stop petrol price gouging   :(
2026-03-20
greens.org.au
Labor's so-called crackdown on petrol corporations will do nothing to rein in petrol prices, and won't stop corporations using the cover of war to price gouge, the Greens say.

“Labor’s proposal won't stop petrol companies price gouging," Greens Economic Justice Spokesperson Senator Nick McKim said.

"It will only increase penalties for lying about why prices are rising, while doing nothing to actually stop prices rising.”

“Australians are being slugged at the bowser, and the Government’s response is simply fiddling at the margins.”

"Corporations are using the war as cover for price rises across the economy, so the government's response needs to be economy wide."

“The Greens pressured Labor into cracking down on supermarket price gouging, but Labor is now sitting back and allowing price gouging without consequence.”

“If price gouging laws are good enough for supermarkets, they should apply across the entire economy.”

"Labor's piecemeal response means that Australians will pay higher prices than they should right across the economy."

“The coming inflation spike won’t stop at petrol. We already know that fertiliser costs are going up, which will flow through to farmers and food prices.”

“We need economy-wide anti price gouging laws so corporations can’t use the war as cover to boost profits. The Greens have already drafted a Bill that would do this.”

Title: Re: We Need Economy-Wide Anti Price Gouging Laws
Post by Daves2017 on Mar 20th, 2026 at 1:21pm
Before any of that happens we need a federal anti corruption watchdog that isn’t led by a corrupt public servant and which allows it’s investigations to be conducted publicly rather then hidden.

You know, like Albo promised 5 years ago?

Title: Re: We Need Economy-Wide Anti Price Gouging Laws
Post by lee on Mar 20th, 2026 at 4:08pm
First off they need to define what constitutes gouging. The Greens say turnover of $100 million, without referring to profits. ::)

Title: Re: We Need Economy-Wide Anti Price Gouging Laws
Post by Bobby. on Mar 20th, 2026 at 4:23pm

The punters have always ben ripped off - and always will be -
regardless of any Govt. plan.

Title: Re: We Need Economy-Wide Anti Price Gouging Laws
Post by Jasin on Mar 20th, 2026 at 8:42pm
I've put my fees up 15%
Everyone should put everything up in price.
Raise the Titanic!!!

Title: Re: We Need Economy-Wide Anti Price Gouging Laws
Post by lee on Mar 21st, 2026 at 2:33pm
"The Albanese Government has appointed Anthea Harris as Fuel Supply Taskforce Coordinator – a new role, supporting the work governments around the country are doing to ensure Australia is overprepared and quick to respond when facing fuel and other supply chain challenges arising from the conflict in the Middle East.

The Fuel Supply Taskforce Coordinator will be responsible for the following:

    Leading a new Fuel Supply Taskforce that will be established in the Department of Prime Minister and Cabinet.
    Driving coordination between the Commonwealth and the States and Territories on fuel security and supply chain resilience.
    Providing consistent, coordinated updates to the Commonwealth and States and Territories on our fuel supply outlook as well as our domestic fuel distribution.
    Supporting State and Territory governments to get fuels to their regions where they are in demand, and act as a single convening point for fuel supply and forward planning."

https://www.pm.gov.au/media/appointment-fuel-supply-taskforce-coordinator

Anthea Harris was formerly chief of the Climate Change Authority.

Like putting the fox in charge of the henhouse. ::)

"Former Climate Change Authority chief to oversee fuel supply"

https://www.fssustainability.com.au/former-climate-change-authority-chief-to-oversee-fuel-supply



Title: Re: We Need Economy-Wide Anti Price Gouging Laws
Post by greggerypeccary on Mar 21st, 2026 at 3:16pm

Bobby. wrote on Mar 20th, 2026 at 4:23pm:
The punters have always ben ripped off - and always will be -
regardless of any Govt. plan.


Capitalism 101

Title: Re: We Need Economy-Wide Anti Price Gouging Laws
Post by Jasin on Mar 21st, 2026 at 5:09pm
Has Pecca put an extra $100 on his cheap Chinese made and imported guitars ?

Title: Re: We Need Economy-Wide Anti Price Gouging Laws
Post by Vic on Mar 22nd, 2026 at 8:12am
I am quite surprised they haven’t dragged out Sophie Mirrabella.  After a spectacular run with the Australian Submarine Corporation, she would be a perfect fit.    I mean - really?   How many mandarins do we need to solve this problem?   How much are we paying this person and all the Staff and Office costs not to mention the flights and accommodation to fly around the country to “get the real picture”

It would be cheaper to just cut the fuel excise for a month or so

Title: Re: We Need Economy-Wide Anti Price Gouging Laws
Post by LNP never again on Mar 22nd, 2026 at 9:12am

Daves2017 wrote on Mar 20th, 2026 at 1:21pm:
Before any of that happens we need a federal anti corruption watchdog that isn’t led by a corrupt public servant and which allows it’s investigations to be conducted publicly rather then hidden.

You know, like Albo promised 5 years ago?


The libs would only agree to it if the public were kept in the dark , much to my disgust Labor agreed

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