The new Abbott Ministry that will be sworn in today is expected to focus on “long overdue” priorities of growth, trade and regulatory reform within the food and grocery sector of the nation.
The Australian Food and Grocery Council (AFGC) told the AFN more stability for food and grocery companies is necessary and the council is encouraged by the new ministry which will include Industry Minister Ian McFarlane, Trade and Investment Minister Andrew Robb, Small Business Minister Bruce Billson, Agriculture Minister Barnaby Joyce and Assistant Treasurer Arthur Sinodinos.
“Food and grocery companies are looking for a return to certainty and stability from the government, and a focus on getting the policy settings right to boost confidence and promote investment and jobs,” said Gary Dawson, AFGC CEO.
The AFGC says Australia’s largest manufacturing sector is the “lifeblood of many regional economies” and is facing massive challenges at the moment.
Talks of a Free Trade Agreement, rolling back regulation, reducing energy costs and reviewing competition laws to help balance market power are key points the AFGC welcomes in the new government's priroties.
