Govt won't intervene in formula shortage

The federal government is unlikely to intervene in a shortage of premium baby formula products in Australia.

Parents are angry at bulk buying of infant formula.

(File) Source: Getty Images

The federal government will only intervene in the premium baby formula shortage as "an absolute last resort".

Chinese buyers are being blamed for the shortage, with the tins usually retailing for $25-30 in Australian shops fetching prices of $150-$190 online.

"I don't think government intervention is something we really want to see," Assistant Minister for Trade Richard Colbeck told ABC TV on Thursday.



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Source: AAP

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Govt won't intervene in formula shortage | SBS News