Just how powerful is Bunnings, the hardware giant and weekend obsession of millions of Australians? That is the question being fought out in a parliamentary inquiry into the country’s big-box retail sector.
Plant growers’ lobby group Greenlife Industry Australia (GIA) asserts that the Wesfarmers-owned retailer controls 70 per cent of all live plant sales, a huge market share it says gives Bunnings the power to dictate terms to suppliers.
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Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com