Prime Minister Anthony Albanese recently confirmed he invited LuLu Hypermarket to set up in Australia while on a visit to the United Arab Emirates.
This comes as Australia looks to develop a new free trade agreement with the Middle Eastern nation.
Australian correspondent Murray Olds says a new player in the grocery market would help break up the current duopoly.
LISTEN ABOVE

Michael Baker: Otago University epidemiologist on whether the hantavirus outbreak could become a global pandemic
02:33

Dr Lara Greaves: Victoria University associate professor in politics on what Mariameno Kapa-Kingi's departure means for Te Pati Māori
04:30

Barry Soper: Newstalk ZB senior political correspondent on the Poll of Polls predicting the next election winners
05:31