Australian Consumers to Save With Unit Pricing
Source: Australia. Minister for Competition Policy and Consumer Affairs. Media Release.
"The Minister for Competition Policy and Consumer Affairs, the Hon. Chris Bowen MP, announced the details of the Government's approach to the roll-out of a nationally-consistent, mandatory unit pricing regime. The Government's commitment to unit pricing was made as part of its preliminary response to the ACCC Grocery inquiry. "Unit pricing will help consumers save time and money," Mr Bowen said. "The unit pricing regime will apply to all packaged grocery items so that consumers will be able to use the information to find the best value and help make real savings on their weekly grocery bills. The introduction of unit pricing will make a big impact on household budgets. "The Rudd Government has designed an Australian unit pricing scheme that gets the balance right - that both empowers consumers and minimises the regulatory burden on business.""