Apr 30
Component Pricing Review
This week the Association lodged a short submission (attached) to the DRAFT Bill on Component Pricing. The letter suggests that the Association is concerned over the ongoing to inclusion of restaurant menus as ‘advertised prices’ and therefore opening menu pricing to further regulation requiring a SINGLE PRICE.
The recommendation in the letter is ‘to build in an explicit clarification that ‘in this section a restaurant menu is not an advertisement’. This solution would not only avoid any consequence of the new bill that one all up price should be stated for a meal but also mean that the parts of the Trade Practices Act requiring a GST inclusive price to be stated would also be resolved.
