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We Need Economy-Wide Anti Price Gouging Laws (Read 87 times)
whiteknight
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We Need Economy-Wide Anti Price Gouging Laws
Yesterday at 10:55am
 
Labor's plan won't stop petrol price gouging   Sad
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.”
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Daves2017
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Re: We Need Economy-Wide Anti Price Gouging Laws
Reply #1 - Yesterday 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?
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The Australian Labor Party- once the workers party but now the Islamic party!
 
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lee
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Re: We Need Economy-Wide Anti Price Gouging Laws
Reply #2 - Yesterday at 4:08pm
 
First off they need to define what constitutes gouging. The Greens say turnover of $100 million, without referring to profits. Roll Eyes
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Bobby.
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Re: We Need Economy-Wide Anti Price Gouging Laws
Reply #3 - Yesterday at 4:23pm
 

The punters have always ben ripped off - and always will be -
regardless of any Govt. plan.
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Jasin
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Re: We Need Economy-Wide Anti Price Gouging Laws
Reply #4 - Yesterday at 8:42pm
 
I've put my fees up 15%
Everyone should put everything up in price.
Raise the Titanic!!!
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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