Helping consumers manage
their financial challenges

Help ICAN and CHOICE make price gouging illegal!

24/05/2020

Source: ican.org.au

The recent COVID-19 panic buying spree left most of us
feeling frustrated and bewildered.  More
alarmingly, it left the elderly and our most vulnerable at risk of not having
access to essential everyday items – or worse – risking their health trying to
find them.  The opportunities for price
gouging have never been higher, both online, and in brick and mortar stores.

ICAN think it is high time price gouging was illegal in
Queensland, so we’ve teamed up with CHOICE to campaign against it.

So far, more than 27,000 Australian consumers, including
5,145 Queenslanders, have signed CHOICE’s petition to put an end to price
gouging.

ICAN CEO Aaron Davis said, ‘The high cost of fresh food and
essentials household items in remote Aboriginal and Torres Strait Islander
communities are known to be a significant factor in the disproportionate rates
of chronic disease. The issue of panic buying and price gouging is extremely
important to ICAN, as it may exacerbate this problem. We don’t want people to
be stuck in an inequity loop, where remote communities are unable to access affordable
goods because they’re in lockdown due to COVID-19, or any other emergency.’

CHOICE has prepared draft legislation proposing a cap of
120% (of the original price) on items deemed to be essential by the responsible
Minister.  This draft legislation, along
with a joint letter of support from ICAN and CHOICE, have been sent to the Qld
Attorney General and Minister for Justice, the Hon Yvette D’Ath MP, for
consideration. 

ICAN hope to see CHOICE’s draft legislation debated as soon
as possible, to protect the health and financial wellbeing of consumers
everywhere.

If you are aware of any current price gouging, please call ICAN
on 1800 369 878, or contact @icansocial on Messenger.

If you would like to add your name to CHOICE’s petition, you can do it here:

https://action.choice.com.au/page/58805/petition/1