Green Institute Proposes Government Supermarket Chain, Calls for Coles Store Sales
1 report, 1 independent
Updated Mon 00:00
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What happened
The Green Institute, the official think-tank for the Greens party, proposed a federal government-owned supermarket chain aimed at lowering household grocery prices. This proposal would require Coles and Woolworths to sell 200 stores. The government would spend over $25 billion over five years to construct 400 additional shops.
From abc.net.au
Why it matters
The proposal seeks to challenge the duopoly in the Australian retail market by introducing a state-owned competitor. The Victorian Greens are advancing this policy ahead of the state's November election.
The Green Institute developed a proposal that was welcomed by the Greens.
From abc.net.au
Who's involved
- Green InstituteAustralian public think tank proposing the government-owned supermarket chain.
- ColesRetail company targeted by the proposal to sell 200 stores.
- WoolworthsRetail company targeted by the proposal for forced sales.
- Max Chandler-MatherExecutive director of the Green Institute.
Keep exploring
The entities involved
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Green Institute
Australian public think tank
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Coles
Canadian bookstore chain