Local accommodation providers in Maranoa will have greater control of their own businesses under a Shorten Labor Government, making small businesses more competitive and reducing the price of a weekend away.
Labor has announced that if elected, we would ensure that local accommodation providers would have the ability to set their own prices so they can compete with the multinationals behind the world’s largest online booking sites.
Currently, the two big businesses that control up to 85 per cent of online accommodation bookings in Australia – Expedia and Booking.com – can put clauses in contracts with Australian hotels, motels and other accommodation that restrict their ability to promote lower prices on their personal websites. These contract terms, known as “price parity” clauses”, mean a small business cannot offer discounts or deals on their own sites if they also advertise on larger platforms. At the same time, commissions taken by booking platforms have increased and can now be up to 30 per cent of the fee charged to travellers.
Labor has also pledged to investigate – via the competition watchdog – the use of such clauses across other platforms and industries.
This measure will build on Labor’s strong suite of plans to tackle Australia’s competition problem and help drive down costs not only for businesses in Maranoa but for consumers as well.
Increasing competition helps drive costs down for everyday Aussies by correcting the power imbalance between small business and the big end of town. It’s good for Australian workers, it’s good for Australian consumers and it’s good for Australia’s economy.
Labor will always put the health of small businesses in Maranoa and right cross Australia ahead of profits of big multinationals.
MEDIA CONTACT: Joel Richters 0408 277 060