Supermarket Duopoly

Supermarket Duopoly

Reducing the oligopolistic market concentration that is gobbling up Australia’s food retailing industry was the number three priority on Bob’s 20-point list of policy demands to both major political parties after the 2010 federal election produced a “hung parliament”.


The restoration of a fair global playing field for our nation’s farmers – who receive an average subsidy/tariff support of about 5 per cent while their competitors in OECD countries enjoy average support levels of more than 35 per cent – was among the Federal Member for Kennedy and Australian Party leader’s top 10.


Throughout almost four decades of service as a member of parliament, Mr Katter has been one of Australia’s most vocal advocates on such issues, both in the public and political arena – often risking his political career by swimming against the tide of free trade marketism that has in the past quarter-century become an obsession of the modern-day ALP/LNP political party ‘corporations’.


The Americans are screaming blue murder because WalMart and their competitor have now reached 23.1 per cent market share. Here we have two supermarkets with up to 90 per cent, so if they decide to cut down the amount of money they are going to pay farmers, they can, because there is no competition.

On top of this, they are bringing in product from overseas. Yet it has been revealed that the Chinese are putting formaldehyde into cabbages. And we all know that the antibiotic streptomycin is being used on foreign-grown apples to fight fire blight; and that water contaminated with raw sewage is being put in overseas prawn farms. But nothing whatsoever is being done by the Australian Government.

 "ALMOST 40 per cent of retail spending by Australian households now lands in the coffers of either Coles or Woolworths.


New research prepared for The Sunday Mail shows that of the $242 billion in retail sales last year (2010), $94.3 billion, or 38.9 per cent, is taken by one of the corporate giants' growing portfolio of retail brands."


SOURCE: http://www.news.com.au/money/money-matters/coles-and-woolworths-receive-almost-40-per-cent-of-australian-retail-spending/story-e6frfmd9-1226043866311#ixzz2WSBfHvjV 


 

CONTACT DETAILS

 

INNISFAIL

P: (07) 4061 6066

F: (07) 4061 6566

Visit: Owen St And Edith St, Innisfail QLD 4860 Australia

Post: PO Box 1638 Innisfail, Qld 4860


MOUNT ISA

P: (07) 4743 3534

F: (07) 4743 0189

Visit: 42 Simpson St, Mount Isa City, QLD, Australia

Post: PO Box 2130 Mount Isa, Qld 4825


MAREEBA

P: 07 4092 1632

F: 07 4092 6114

Visit: 141 Byrnes St, Mareeba, QLD, Australia


CANBERRA

(when Parliament is sitting)

P: (02) 6277 4978

F: (02) 6277 8558


Local Call within the electorate

P: 1300 301 942


Email:Bob.Katter.MP@aph.gov.au

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