prices

Leader of The Nationals David Littleproud has hit back at the Prime Minister’s claims  that “we are not a Soviet country” amid calls for divestiture powers to bring supermarkets into line ... Mr Littleproud said the Government was obviously never serious about cracking down on supermarket price gouging and was out of touch with Australians doing it tough.  

The NAB Rural Commodities Index* increased for the third month in a row in January, underpinned by rising cattle prices which are now around 60 per cent higher than their October lows. NAB’s February Rural Commodities Wrap ... reports cattle, lamb and dairy prices have all recorded gains, fuelling the Index’s rise to levels last seen in May 2023.

Within a day of supermarkets lodging their submissions to the Senate inquiry established to review their own pricing practices, it’s clear their defences rely more on deflection than fact.

Barry Large. There's an awful lot of noise being made right now about the prices every day Australians are being charged at the checkout, whilst the big supermarkets rake-in record profits. Added to this political rhetoric driven by the cost-of-living crisis is an apparent concern about the need to ensure Australian farmers receive their fair share of the retail dollar.

Australia’s agricultural sector is "moving confidently into 2024", with an overall positive outlook for the nation’s farmers and agribusiness industries in the year ahead, Rabobank says in its newly-released annual outlook ... while agri commodity prices are "well down on the highs seen over the previous two years", the bank’s price forecasts point to "continued positive farm margins in key agricultural sectors in 2024"

Leader of The Nationals David Littleproud has welcomed the announcement of an Australian Competition and Consumer Commission (ACCC) supermarket inquiry into price gouging, but claimed the Labor Government had to be shamed into calling it, after ignoring warnings and support to act on supermarkets for more than 12 months.

The Albanese Government will direct the Australian Competition and Consumer Commission (ACCC) to investigate pricing and competition in the supermarket sector to ensure Australians are paying a fair price for their groceries. We understand that Australians are under the pump and the cost of groceries is among the biggest concern for many.

NSW Farmers is calling for an ACCC inquiry into the supermarket retail sector as fair prices for consumers and farmers remain nowhere in sight ... “It has become increasingly clear that margins are not being passed through the supply chain in a fair and equitable manner, and it is farmers and families who are footing the bill”: NSW Farmers President Xavier Martin.

If the property market is any indicator, our local area is among many in regional Queensland becoming more popular with people looking for a better quality of life. The latest data from the PropTrack Home Price Index, released last week, shows the property market in regional Queensland is booming.