1 00:00:00,280 --> 00:00:02,560 Speaker 1: Ryan Bread Many Jeland Initiative have come up with a 2 00:00:02,600 --> 00:00:05,560 Speaker 1: plan to bring competition to the grocery sector. They've drafted 3 00:00:05,640 --> 00:00:07,360 Speaker 1: up a bill for the government. Here you go on 4 00:00:07,400 --> 00:00:11,720 Speaker 1: a platter. They say that consents and rezoning processes need 5 00:00:11,760 --> 00:00:13,920 Speaker 1: to be streamlined with a pathway opened up for a 6 00:00:13,960 --> 00:00:16,880 Speaker 1: third retailer. So Chetwin's the Grocery Action Group with us 7 00:00:16,920 --> 00:00:20,000 Speaker 1: this morning. So good morning, good morning. What do you 8 00:00:20,040 --> 00:00:21,960 Speaker 1: make of this? No need to bash the heads of 9 00:00:22,000 --> 00:00:25,160 Speaker 1: these duopolies. You just actually get government out of the way. 10 00:00:27,240 --> 00:00:30,200 Speaker 2: Look, I think that this would be nice to have, 11 00:00:31,040 --> 00:00:34,280 Speaker 2: but you have to recognize that this report would have 12 00:00:34,280 --> 00:00:40,320 Speaker 2: been put out with the financial support of Willworth food 13 00:00:40,440 --> 00:00:45,800 Speaker 2: Stuff and Fonterra, who are really big supporters probably of 14 00:00:45,960 --> 00:00:51,400 Speaker 2: the status quo. So what our problem in New Zealand 15 00:00:51,520 --> 00:00:55,080 Speaker 2: is is not that we don't have enough land. We 16 00:00:55,200 --> 00:01:00,960 Speaker 2: have enough supermarkets, but what we have is too few operators. 17 00:01:01,000 --> 00:01:04,679 Speaker 2: We have too few competitors. And what this government has 18 00:01:04,720 --> 00:01:08,960 Speaker 2: seen is that we can't get a competitor because we're 19 00:01:09,000 --> 00:01:11,959 Speaker 2: paying the highest price to some of the highest prices 20 00:01:12,000 --> 00:01:14,959 Speaker 2: in the world because we have a lack of competition. 21 00:01:15,680 --> 00:01:20,160 Speaker 2: What we need is more competitors. And to get more competitors, 22 00:01:20,200 --> 00:01:24,360 Speaker 2: they probably have to look at forcing the existing the 23 00:01:24,440 --> 00:01:28,200 Speaker 2: incumbents to actually divest some of the stores that they have, 24 00:01:28,680 --> 00:01:31,720 Speaker 2: because we have plenty of super markets, we just don't 25 00:01:31,760 --> 00:01:34,560 Speaker 2: have enough operators. 26 00:01:33,600 --> 00:01:38,360 Speaker 1: You said there's enough land. Whenever anyone tries to build anything, 27 00:01:39,040 --> 00:01:41,319 Speaker 1: there is opposition. There's I mean there's a labor MP 28 00:01:41,440 --> 00:01:43,920 Speaker 1: in christ Church is trying to stop a supermarket being built. 29 00:01:44,240 --> 00:01:47,560 Speaker 1: I interviewed the former managing director of Costco. He said 30 00:01:47,560 --> 00:01:50,880 Speaker 1: the biggest problem was zoning for land and bringing his 31 00:01:51,760 --> 00:01:54,200 Speaker 1: supermarket here. So there is a problem there isn't there. 32 00:01:55,400 --> 00:01:57,760 Speaker 2: I think, as I said, I think this would be 33 00:01:57,840 --> 00:02:01,000 Speaker 2: a nice to have. But all all the land that 34 00:02:01,040 --> 00:02:04,840 Speaker 2: would have been useful for food and markets has in 35 00:02:04,880 --> 00:02:08,840 Speaker 2: the past being bought by will Web and food Stuffs, 36 00:02:09,160 --> 00:02:15,000 Speaker 2: food stuffs to stop others competing, and the Communist Commission 37 00:02:15,120 --> 00:02:16,359 Speaker 2: has stopped that behavior. 38 00:02:16,880 --> 00:02:22,320 Speaker 3: They've yeah, so so that land is now you think though, 39 00:02:22,360 --> 00:02:24,560 Speaker 3: so you think this is this report has actually just 40 00:02:24,600 --> 00:02:27,560 Speaker 3: been bought by the big dogs. 41 00:02:28,600 --> 00:02:31,640 Speaker 2: Look, I think it. I think it has. It's to 42 00:02:31,800 --> 00:02:37,240 Speaker 2: slow down any activity because Nikola Willis has definitely said 43 00:02:37,240 --> 00:02:41,960 Speaker 2: that she's looking at this and divestment is on the table. 44 00:02:43,120 --> 00:02:46,640 Speaker 2: They want to stop that happening because that would encourage 45 00:02:46,639 --> 00:02:50,680 Speaker 2: real competition. And even within this report they talk about, 46 00:02:50,760 --> 00:02:54,240 Speaker 2: you know, oh, freeing up land for twelve new players, 47 00:02:54,480 --> 00:02:58,920 Speaker 2: well twelve new are sorry, twelve twelve new stores. But 48 00:02:59,080 --> 00:03:01,480 Speaker 2: that's not going to cut mustard. I mean, thirty news 49 00:03:01,480 --> 00:03:05,160 Speaker 2: stores wouldn't cut the mustard. Now we're talking about allowing 50 00:03:05,200 --> 00:03:09,360 Speaker 2: competition to come into this country at scale fast, so 51 00:03:09,520 --> 00:03:11,240 Speaker 2: that actually means divestment. 52 00:03:11,560 --> 00:03:17,359 Speaker 1: So appreciate your Timesponling Seedshipwin Grosser Reaction Group for more 53 00:03:17,400 --> 00:03:20,480 Speaker 1: from Early Edition with Ryan Bridge. Listen live to News 54 00:03:20,560 --> 00:03:23,600 Speaker 1: Talks at b from five am weekdays, or follow the 55 00:03:23,600 --> 00:03:25,079 Speaker 1: podcast on iHeartRadio