Albanese Targets Supermarkets with Price Gouging Crackdown in Election Pitch

Prime Minister Anthony Albanese has pledged to make supermarket price gouging illegal if re-elected, despite a recent inquiry by the Australian Competition and Consumer Commission (ACCC) finding no concrete evidence of such practices.

The Labor government plans to establish a taskforce to explore how to legislate against unfair pricing by major supermarket chains. This move is part of a broader election strategy to address cost-of-living concerns and appeal to voters frustrated by rising grocery prices. While the opposition has proposed more aggressive measures, such as breaking up large supermarket chains, Labor is focusing on regulation and enforcement.

The promise underscores the central role of economic relief in the upcoming election campaign.