Jason Clare was also asked about the supermarket price taskforce Labor has announced and said:

It will provide us with the advice we need for legislation we need to put in place the sort of fines to stop this happening.

I think most Australians watching today will know they are being ripped off at the supermarket, one of the ways the big supermarket chains do this is increasing prices, then they dropped them by a bit and call it a sale or they shrink the size of the packet and charge the same amount of money.

Or price gouging, what we are talking about yesterday, which is really just charging excessive amounts for a product because they can because a is another product on the market because there was not enough competition.

In the UK they have done this, and Europe as well, they have done it in 30 states in the US where you can outlaw this and put in place the serious fines to stop the big supermarket chains doing this. We have already put in place of fines for the supermarket they come into effect I think tomorrow where they are ripping off farmers and suppliers and those fines are as big as $10 million or 10% of the turnover of a big company like Woolworth and Coles, that is a big amount of money and we have made in this announcement that we are prepared to do the same here when it comes to the price gouging that can happen at the supermarket.