Grain marketing organisation AWB Harvest Finance Pools Pty Ltd (AWB) has made changes to its standard form grain pool contracts after the ACCC raised concerns that some terms in the contracts were unfair.
AWB’s grain pool contracts originally included terms giving it the power to:
In his annual CEDA address, Chairman Rod Sims launched the ACCC's 2018 Compliance and Enforcement policy. This year, the ACCC will focus on consumer issues in broadband services and energy, competition in the financial services and commercial construction sectors, systemic consumer guarantee issues, and conduct that may contravene the new misuse of market power and concerted practices provisions.
The ACCC has today released guidance for egg producers on its approach to enforcing the new National Information Standard on free range eggs, which comes into effect on 26 April 2018.
Under the new Standard, egg producers cannot use the words ‘free range’ on their egg cartons unless the eggs were laid by hens that:
Submissions to the interim report are due by 31 January 2018.
The ACCC produces and publishes annual bulk wheat monitoring reports. These reports detail the nature and concentration of export activity and capacity allocation at Australia’s bulk wheat port terminals.
The Agriculture Consultative Committee provides a forum through which competition and fair trade concerns in the agriculture sector can be considered and addressed collaboratively.
A mandatory code of conduct should be considered for the Australian dairy industry to address problems caused by bargaining power imbalances between processors and farmers, according to recommendations made by the ACCC in its interim report from its inquiry into the industry, published today.
The future growth and profitability of the red meat sector in Australia relies on the investment confidence of its participants, but this confidence will be threatened if market information is restricted, or livestock producers are unable to obtain objective performance data, ACCC Commissioner Mick Keogh told the MLA Red Meat Industry Forum in Alice Springs today.