News | Business
18 Sep 2021 23:50
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Groceries in New Zealand are the sixth most expensive in the OECD, and there's weak competition between the two main supermarket companies

    Groceries in New Zealand are the sixth most expensive in the OECD, and there's weak competition between the two main supermarket companies


    Those are some of the findings from a draft Commerce Commission report into the retail grocery sector.

    Chair Anna Rawlings says there needs to be another main retailer but that's not likely to happen unless there's intervention.

    She says one option would be to require the two main players to sell off some stores to create a third major retailer.

    Rawlings says wholesale and retail grocery companies could also be separated, and new sites for supermarkets could be freed up.

    © 2021 Newstalk ZB, NZCity

     Other Business News
     18 Sep: The SkyBus service to Auckland Airport could face the axe
     17 Sep: A pause on the trans-Tasman bubble has been extended
     17 Sep: For the first time in weeks businesses outside Auckland are linked to a person with Covid-19
     17 Sep: It may be straight to the answer machine for those calling for help while travelling along Wellington's yet-to-be opened Transmission Gully
     17 Sep: Grant Robertson's remaining optimistic when it comes to our economy
     16 Sep: The service industries have pushed up Gross Domestic Product figures
     16 Sep: More cash swirling around in the economy seems to have contributed to an impressive GDP figure
     Top Stories

    RUGBY RUGBY
    Tasman have claimed a 48-29 victory over Northland in their NPC match in Whangarei More...


    BUSINESS BUSINESS
    The SkyBus service to Auckland Airport could face the axe More...



     Today's News

    Law and Order:
    Police have dealt with three university students from Auckland after they allegedly crossed the Level 4 border illegally to go to Gisborne 21:55

    Entertainment:
    Sir Clive Sinclair has died aged 81 21:38

    Living & Travel:
    Powerball has rolled over again - not won tonight, so it jackpots to $14 million Wednesday night's draw 21:15

    Entertainment:
    Norm Macdonald has died at the age of 61 21:08

    Politics:
    'A clumsy, inadequate and unAustralian situation': French Ambassador departs Canberra over submarine spat 21:05

    Entertainment:
    Alicia Vikander thinks motherhood will add "depth" to her on-screen performances 20:38

    Entertainment:
    Selena Gomez can't wait to shoot season two of 'Only Murders in the Building' 20:08

    Entertainment:
    Chrissy Teigen has had fat removed from her cheeks 19:38

    Entertainment:
    Nicki Minaj will "forgive" Boris Johnson after he admitted to being unfamiliar with her work 19:08

    Rugby:
    Tasman have claimed a 48-29 victory over Northland in their NPC match in Whangarei 18:55


     News Search






    Power Search


    © 2021 New Zealand City Ltd