Farmers support healthy competition that’s fair

The National Farmers’ Federation (NFF) has today committed to continuing the case for legislation to strengthen section 46 of the Competition and Consumer Act 2010, dealing with the misuse of market power.
“It is disappointing that reform to s46 will be further delayed, despite recommendations in the Harper Review that followed exhaustive examination of all the issues,” Mr Finlay said.
“However we note the Government’s announcement to undertake further public consultation into s46 of the competition law before handing down a final decision early next year.”
Mr Finlay said the consultation is a final opportunity to get the policy settings right so that Australian farmers can compete on a fairer playing field at home and abroad.
“We support an open and transparent marketplace that drives a healthy level of competition. Australian farmers need competitive supply chains to improve farm-gate returns and drive long-term growth,” Mr Finlay said.
“The NFF, together with a broad coalition of other Australian businesses, have significantly contributed to the Harper Review process, particularly on the need to amend Section 46 as a mechanism to promote fairer competition in the marketplace.
“We recognise this is a complex issue, and also understand the importance of collaboration across the food and fibre supply chain where all players – such as farmers, processors and retailers – have the opportunity to grow and innovate.
“This is not, and should not, be an issue that pits big business against small business. Fair markets are in everyone’s interests: for farmers, this means delivering greater certainty, fairness and transparency.
“We look forward to an ongoing and constructive dialogue with Government to deliver a fair go for the farm sector.”