Here in Australia, there’s a proposed bill currently under debate that would force supermarkets to display the price they pay to farmers for produce alongside the retail prices. The bill was introduced by senator Nick Xenophon and is being pushed by Independent MP Bob Katter.
While it’s a laudable initiative–supermarket chains post yearly profits in the multi-billion dollar range, but to pick just one example, pay farmers around 35¢ a kilo for potatoes that retail for $3 a kilo–I do question whether it’s the right approach. Read More »
Should Supermarkets be Made to Disclose Prices Paid to Farmers?
Here in Australia, there’s a proposed bill currently under debate that would force supermarkets to display the price they pay to farmers for produce alongside the retail prices. The bill was introduced by senator Nick Xenophon and is being pushed by Independent MP Bob Katter.
While it’s a laudable initiative–supermarket chains post yearly profits in the multi-billion dollar range, but to pick just one example, pay farmers around 35¢ a kilo for potatoes that retail for $3 a kilo–I do question whether it’s the right approach. Read More »