Australia bans supermarket price-gouging starting July 1 to aid consumers
Australia will ban supermarket price-gouging on July 1, making it the first country to implement such legislation. Treasurer Jim Chalmers stated the law aims to help consumers during a cost-of-living crisis. However, the lack of clear definitions for 'significantly excessive' pricing raises concerns about enforcement and effectiveness.
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Published 25 Jun 2026, 19:25 UTC · Updated 25 Jun 2026, 19:30 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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