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‘Failed’ competition environment in Australian supermarkets


NSW Farmers Association President James Jackson says Australia has a “failed competition environment,” with its two major supermarkets holding 70 per cent of the market share. 

“They will not miss this opportunity to actually gouge the prices – to increase their margins if you like,” he told Sky News Australia. 

Mr Jackson said food inflation is “here to stay” with floods, competition issues, labour and Russia’s invasion of Ukraine driving up food prices.

NSW Farmers Association President James Jackson says Australia has a “failed competition environment,” with its two major supermarkets holding 70 per cent of the market share.

“They will not miss this opportunity to actually gouge the prices – to increase their margins if you like,” he told Sky News Australia.

Mr Jackson said food inflation is “here to stay” with floods, competition issues, labour and Russia’s invasion of Ukraine driving up food prices. NSW Farmers Association President James Jackson says Australia has a “failed competition environment,” with its two major supermarkets holding 70 per cent of the market share.

“They will not miss this opportunity to actually gouge the prices – to increase their margins if you like,” he told Sky News Australia.

Mr Jackson said food inflation is “here to stay” with floods, competition issues, labour and Russia’s invasion of Ukraine driving up food prices.

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