Mr Stanhope has announced that he’s having a look at introducing a “floor space test” in his government’s quest to crush the Liberal supporting IGA owners bring more competition to Canberra’s supermarkets.
Mr Stanhope said the floor space test is based on a scheme in operation in NSW where any applications for development by a single operator that has more than 25% of the floor space in a single industry automatically receive greater scrutiny.
“Through the 2010 Supermarket Competition Policy, the ACT Government has implemented a range of strategies to ensure Canberra shoppers are assured of the best value for money when buy their groceries,” Mr Stanhope said.
“For example, we have removed barriers to entry for smaller supermarket players and have excluded major players from a small number of new supermarket sites in a bid to diversify the market.
“Now we are looking at the possibility of introducing the floor space test. Such a test would ensure that the overall presence of supermarket chains is included when we assess levels of competition.”
Mr Stanhope said the review of the success of the 2010 Supermarket Competition Policy would also examine issues such as the optimum retail mix in local centres and the possibility of a cap on the proportional size of a supermarket in a local shopping centre.
Never let the market decide when you can expand the power and influence of Government.