Coalition and Greens urge Labor to introduce powers to break up Coles and Woolworths duopoly

Parties call for intervention after ACCC report found Australian grocers among most profitable in world amid cost-of-living crisis

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The Coalition and Greens are renewing calls for Labor to embrace powers to forcibly break up supermarket chains such as Coles and Woolworths despite the competition watchdog shunning the idea in its review of the sector.

The shadow treasurer, Angus Taylor, challenged the government to allow supermarket competition laws – which include divestiture as a “last resort” – to be debated and passed when parliament returns next week for the pre-election budget.

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