Senate debates

Thursday, 20 August 2015

Questions without Notice

Australian Competition and Consumer Commission

2:41 pm

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

My question is to the Minister representing the Minister for Small Business, Senator Cormann. Minister, the recently completed Harper review into competition policy found that Australian laws are deficient and do not adequately distinguish between fair competition and unfair competition within the marketplace. The Harper review recommended that the government amend section 46 of the Competition and Consumer Act 2010 to introduce an effects test in relation to the misuse of market power that would better empower the Australian Competition and Consumer Commission to prevent anticompetitive behaviour, especially against such allegations made against the supermarket duopoly. Can the minister update the Senate on when his cabinet will bring this legislation to parliament so that we can pass this into law?

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