The Australian Food and Grocery Council (AFGC) has announced it is finalising the draft submission for a Supermarket Ombudsman to be a key part of the next Federal Budget.
The peak industry body has been urging the government to instate an Ombudsman and establish a Trading Code of Conduct, to stamp out the anti-competitive, behaviours of the major supermarkets, which are pushing Australian food manufacturers and small businesses out of business.
The AFGC announced it would be starting on its draft legislation to present to the government back in January and has enlisted the help of international law firm Baker and McKenzie in its bid.
The AFGC wants the Supermarket Ombudsman to ensure Coles and Woolworths are fair and transparent in their pricing and do not push more Australian companies and industries out of business, as they have done with the dairy and fresh produce industries, among others.
The AFGC also announced last month that it would be extending its representative reach to also include small to medium enterprises.
It will be consulting all stakeholders on the draft legislation this week, before the matter is referred to the government for approval.