The Food and Grocery Code is the first prescribed voluntary code under the Competition and Consumer Act 2010 (Cth) regulating the conduct of supermarket retailers and wholesalers who have agreed to be bound by the code.
A draft report released on 2 July details 14 draft recommendations made by the review. The key draft recommendations focus on expanding the scope of the code to ensure that all significant wholesalers and retailers are bound by the code with the aim to create cultural change within the grocery industry and an enhanced focus on the role of the code compliance manager to become an independent adjudicator in disputes/where supplier’s submit complaints.
There will be further testing of the draft recommendations under the draft report, particularly after further input from stakeholders is considered. We will keep you updated on any new developments and final recommendations when the report is issued later this year.