Australia: ACCC to investigate fertiliser prices

The Federal Government has asked the Australian Competition and Consumer Commission (ACCC) to investigate fertiliser prices, as part of the wider look into the cost of groceries.

Fertiliser is now so expensive and in such short supply that it will be out of reach of many farmers this season.

Two years ago, it cost $400 a tonne, but now costs $1,000 a tonne.

Liberal Senator Bill Heffernan has called for a Senate inquiry.