Debate over the Coalition’s announcement of its plan for nuclear power plant sites will heat up. Follow today’s news headlines live
Stepping away from the nuclear ‘debate’ for a moment; treasurer Jim Chalmers will be introducing legislation to make the grocery code of conduct mandatory.
Chalmers says the legislation will
Make the Code mandatory for all supermarkets with an annual Australian revenue of greater than $5 billion
Strengthen formal and informal dispute-resolution arrangements
Introduce penalties for the more harmful breaches of the Code with the maximum penalty the greatest of $10 million, three times the benefit gained from the contravening conduct or 10% of turnover in the preceding 12 months.
Create an anonymous supplier and whistle-blower complaints mechanism within the Australian Competition and Consumer Commission
Place greater emphasis on addressing fear of retribution
Improve outcomes for suppliers of fresh produce
Our reforms to the Environment Protection Biodiversity Conservation Act are in three parts. We passed the first tranche of laws at the end of last year when we established the nature repair market and expanded what’s called the water trigger, which is the part of the environment laws that protect water sources from mining projects.
The second tranche of our legislation will establish as you say, for the first time in Australia, and New Environment Protection Agency that will significantly increased penalties for wrongdoing in the environment.
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