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Tables will turn on Woolworths, Coles says Jeff Kennett

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Jeff Kennett believes the balance of power between supermarkets and suppliers will be turned on its head in the next decade as overseas appetite for Australian produce accelerates. The former Victorian premier said supermarkets needed to get smarter with their suppliers or risk being locked out of commodities, or forced to pay premium prices to secure stock. We should be in the box seat for feeding this huge population to the north but we don't even have a national agricultural or water policy Jeff Kennett "In the last few years there have been more and more overseas buyers coming in to look at produce," Mr Kennett said. "I know of one...

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