A draft report for the review of the Food and Grocery Code of Conduct has been released.
The Australian Food and Grocery Council (AFGC) has welcomed the report by Professor Graeme Samuel AC, which makes recommendations that seek to strengthen and improve the code.
AFGC CEO Tanya Barden said the report sought to establish key rules in commercial relations between grocery retailers and suppliers.
“The review has extensively consulted stakeholders in understanding how the Australian Food and Grocery Code of Conduct can be enhanced to improve the operation of one of the most dynamic and competitive sectors of the economy – the FMCG sector,” Barden said.
“The Food and Grocery Code establishes a clear set of principles relating to key aspects of trading relationships between retailers and suppliers and provides greater certainty and clarity about dealings in the industry without adding unnecessary complexity or cost.
“The recommendation that retailers and wholesalers be subject to the same obligations under the code will provide certainty for suppliers and ensure competitive neutrality.”
