Story perspectives

Australia to Regulate Supermarket Prices Amid Backlash

12/15/2025

Summary

Story summary

Australia will implement new regulations against supermarket price gouging, protecting consumers from excessive grocery prices, effective July 1, 2026.
The law imposes fines of up to A$10 million for violations.
Coles and Woolworths oppose the regulations, warning they could raise prices and tilt the playing field toward foreign competitors.
The Australian Retailers Association and the Business Council of Australia oppose the measures, citing lack of evidence for price gouging.

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Story summary

Australia will implement new regulations against supermarket price gouging, protecting consumers from excessive grocery prices, effective July 1, 2026.
The law imposes fines of up to A$10 million for violations.
Coles and Woolworths oppose the regulations, warning they could raise prices and tilt the playing field toward foreign competitors.
The Australian Retailers Association and the Business Council of Australia oppose the measures, citing lack of evidence for price gouging.