The object of this Act is to enhance the welfare of Australians through the promotion of competition and fair trading and provision for consumer protection
Competition is an essential element of well-functioning markets and supply chains in Australia. This is especially important for the agricultural supply chain. Agriculture relies upon open and transparent marketplaces that promote competition within agricultural supply chains, enabling farmers to access requisite inputs and sell their produce at a competitive price.
The following documentation/information is required to provide evidence of compliance.
An absence of behaviour which is prohibited by the Act and compliance with Industry Codes of Conduct which sit underneath the Act. This includes, for example, an absence of misuse of market power, unfair contract terms, and unconscionable conduct. Parties to relevant agricultural or supply chain codes of conduct should adhere to those provisions (both voluntary and mandatory) including; the Food and Grocery Code of Conduct, the Horticulture Code of Conduct, the Dairy Industry Code of Conduct, and so on.