Coles and Woolworths's alleged land hoarding comes under the microscope, as treasurers seek zoning law changes
www.abc.net.au
Federal and state treasurers will meet to change planning and zoning laws to end alleged "land banking" by the supermarket giants, where property is purchased and sat on to prevent competitors from entering.
  • WaterWaiver@aussie.zoneEnglish
    2·
    1 month ago

    It’s not land banking. It’s land investment. We’re making the land better, more luscious, stronger.

  • WhatAmLemmy@lemmy.worldEnglish
    2·
    1 month ago

    Treasurer Jim Chalmers said the funding for the ACCC would make grocery pricing fairer, boost competition and make sure there were “consequences” for wrongdoing.

    Let me guess? The “consequences” will be so insignificant and inconsequential that they qualify as the government being a criminal co-conspirator engaging in racketeering with colesworth — just taking their share of the proceeds, and tacit approval to continue the criminal conduct.