Media Release Distributed 16 March 2016
The decision to introduce an effects test into Section 46 of the Competition and Consumer Act has been welcomed by an alliance of more than 20 industry groups, representing small, medium and large businesses around Australia.
Jos de Bruin, CEO of Master Grocers Australia, speaking on behalf of the business alliance, said: “This is an historic result. We are extremely pleased with the outcome. The Turnbull government is to be congratulated.
“It has come about as a result of a careful process of consultation in which the Assistant Treasurer, the Hon Kelly O’Dwyer, and Treasurer, the Hon Scott Morrison, allowed for all voices – big and small – to be heard.
“The Assistant Treasurer and the Treasurer sought genuine understanding of the issues as they effect the smaller players in the market and they have produced good public policy.
“All our constituent members, from the farmers to small business owners and even large business, are extremely heartened to know that their voice can be heard amidst the loud voice of the very biggest corporations in the land.
“This decision will protect the competitive process. It will allow for more competition, not less. It will drive innovation, productivity and employment and is therefore good for the economy. It is also in the interests of consumers who will benefit from more choice and lower prices.”
The alliance of small business was formed last year to press the case for change to government. This followed the Federal government’s decision to hold consultations on changes to the effects test, which had been recommended by the Harper Review into Competition policy.
Alliance of Industry Associations for change to s 46:
Australasian Convenience and Petroleum Marketers Association
Australian Chamber of Commerce and Industry
Australian Booksellers Association
Australian Hotels Association
Australian Retailers Association
Australia Dairy Farmers
Australian Newsagents Federation
Australian Hairdressing Association
Director and Vice President
Commercial Asset Finance Brokers Association of Australia
Convenience and Mixed Business Association Incorporated
John Roach Executive Director
Fresh Markets Australia
Secretariat for CMAA
Central Markets Association of Australia
Independent Contractors Australia
Jos de Bruin
MGA Independent Retailers
Motor Traders Association of Australia
National Credit Providers Association
National Farmers Federation
Post Office Agents Association Limited
The Pharmacy Guild of Australia
Tasmanian Small Business Council