Barbara Pocock SA, Australian Greens
4:46 pm
Well, what are people talking about out there? I can tell you what they're talking about in the streets of Adelaide, and it's the price of groceries. We know this is a national conversation. Recent surveys by CHOICE tell us that, in June this year, 82 per cent of people across our country said cost of living is a major pressure on their household budgets, and we know what that pressure does. We know what that does to conversation in a household where choices are made between paying for a school excursion and putting food in the fridge or between paying the rent—now, on average across our country, $700—and trying to feed a family. It's the squeeze on budgets that is putting so many Australians under pressure—people who now face, of course, rapidly increasing costs for their mortgage. It's not just people facing price gouging in our big duopoly supermarkets; it's also the farmers and suppliers who are price takers from these big duopolies. They want and deserve fairer returns.
Here we are in our country with amongst the most concentrated supermarket chains in the world. Between them, Coles and Woolworths control 67 per cent of all of the supermarket business in our country. We know that they are price gouging because they have the power—the power to confront consumers and the power to set prices for those farmers and sellers. All this is happening against the background of a five per cent fall in real wages under Labor for workers across our nation. They are caught in a squeeze between big corporate profiteering on one hand and falling real wages on the other. Prices are up, we know from CHOICE's recent survey, by six per cent on basic goods, things like a combination of apples, bananas, strawberries, potatoes and rice—six per cent in three months. That is a massive increase in prices. Australians deserve better.
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