1 00:00:00,040 --> 00:00:02,639 Speaker 1: Food prices back in the Headache territory. Gen numbers pop 2 00:00:02,640 --> 00:00:04,400 Speaker 1: two and a half of the month, which is unusually 3 00:00:04,480 --> 00:00:06,520 Speaker 1: big four point six for the year. Suo Chipman is 4 00:00:06,519 --> 00:00:08,319 Speaker 1: the chair of the Gross Reaction Group and is with 5 00:00:08,480 --> 00:00:09,440 Speaker 1: us soue morning. 6 00:00:09,800 --> 00:00:10,360 Speaker 2: Good morning. 7 00:00:10,640 --> 00:00:12,840 Speaker 1: Is there any point in angsting about this? I mean, 8 00:00:12,880 --> 00:00:15,560 Speaker 1: most of this for your personal inflation, you can work 9 00:00:15,600 --> 00:00:17,800 Speaker 1: your way around. You don't have to buy it, or 10 00:00:17,840 --> 00:00:18,759 Speaker 1: am I being unfair? 11 00:00:19,120 --> 00:00:24,840 Speaker 2: And you are well all of those things. But look, 12 00:00:24,920 --> 00:00:27,960 Speaker 2: some of it is out of control, you know, out 13 00:00:27,960 --> 00:00:31,120 Speaker 2: of you know, anyone's control. I mean, the fact that 14 00:00:31,200 --> 00:00:34,960 Speaker 2: chocolate is up hugely is because you know, there's a 15 00:00:34,960 --> 00:00:38,239 Speaker 2: shortage of cocoa, and the fact that we're paying more 16 00:00:38,280 --> 00:00:41,159 Speaker 2: than thirty thirty two cents or something more than we 17 00:00:41,159 --> 00:00:43,559 Speaker 2: were paying for coffee a year a year ago is 18 00:00:43,800 --> 00:00:47,720 Speaker 2: there's a big worldwide support shortage of coffee beans and 19 00:00:48,120 --> 00:00:51,680 Speaker 2: huge demand for it. I suppose some part of the 20 00:00:51,720 --> 00:00:56,160 Speaker 2: issue is here for New Zealanders because a lot of 21 00:00:56,160 --> 00:00:58,560 Speaker 2: this is around fresh fruit and vegetables, which at this 22 00:00:58,720 --> 00:01:01,720 Speaker 2: time of the year you should be at its cheapest. 23 00:01:02,360 --> 00:01:04,960 Speaker 2: So I suppose part of it will be some of 24 00:01:05,000 --> 00:01:09,480 Speaker 2: the storm damage leading into the harvest. 25 00:01:08,680 --> 00:01:11,320 Speaker 1: And that's what I'm saying. So there's nothing there's a 26 00:01:11,319 --> 00:01:13,040 Speaker 1: lot of this stuff. I can explain most of the 27 00:01:13,080 --> 00:01:16,120 Speaker 1: stuff away, and it's it's nothing we can do about it. 28 00:01:16,160 --> 00:01:19,480 Speaker 1: So you've done chocolate, you've done coffee. The storm damage 29 00:01:19,480 --> 00:01:22,679 Speaker 1: does fruit and vegetables. Some fruit, vegetables come down, some 30 00:01:22,760 --> 00:01:26,399 Speaker 1: go up restaurant meals. They're well within the band. Alcohol's 31 00:01:26,440 --> 00:01:28,440 Speaker 1: well within the band. You know, you take into things 32 00:01:28,480 --> 00:01:30,280 Speaker 1: like rent and all that sort of stuff. It's you know, 33 00:01:30,319 --> 00:01:34,319 Speaker 1: it's actually going backwards. It's just an observational thing. It 34 00:01:34,440 --> 00:01:35,640 Speaker 1: is what it is, isn't it. 35 00:01:36,160 --> 00:01:40,960 Speaker 2: Look I suspect part you're right. But what I would 36 00:01:40,959 --> 00:01:44,679 Speaker 2: also say is that you know, New Zealand does have 37 00:01:44,920 --> 00:01:48,440 Speaker 2: very high grocery prices. And I know you and I 38 00:01:48,480 --> 00:01:51,760 Speaker 2: disagree on this, but you know that's partly because there 39 00:01:51,800 --> 00:01:55,600 Speaker 2: is no competition and supermarkets can can do what they 40 00:01:55,800 --> 00:01:59,000 Speaker 2: like and and in this situation they are doing that 41 00:01:59,040 --> 00:02:02,840 Speaker 2: because iguably this is the time when fresh fruit and 42 00:02:02,960 --> 00:02:05,600 Speaker 2: vegetables should be down in price. And we can see 43 00:02:05,600 --> 00:02:09,799 Speaker 2: that tomatoes are, but pretty much nothing else is. And 44 00:02:09,919 --> 00:02:14,920 Speaker 2: we've also got very high prices for meat, poultry and fish. 45 00:02:15,400 --> 00:02:17,560 Speaker 2: Now we're good at all of those things. But we're 46 00:02:17,560 --> 00:02:19,079 Speaker 2: paying international prices here. 47 00:02:19,600 --> 00:02:21,880 Speaker 1: But that's good though, I mean it's not real you 48 00:02:21,919 --> 00:02:23,560 Speaker 1: and I paying them, But it's good that we sell 49 00:02:23,600 --> 00:02:25,960 Speaker 1: internationally for a high price because that's what we do. 50 00:02:25,919 --> 00:02:29,280 Speaker 2: As a country indeed. But we also you know, we've 51 00:02:29,320 --> 00:02:32,000 Speaker 2: also got fact that fuel prices are down, so you 52 00:02:32,080 --> 00:02:34,959 Speaker 2: can't argue that you know, there's a problem getting this 53 00:02:35,040 --> 00:02:37,880 Speaker 2: stuff around the country or anything like that. So I 54 00:02:37,960 --> 00:02:40,760 Speaker 2: would say that, you know, factoring into this is also 55 00:02:41,360 --> 00:02:45,040 Speaker 2: we pay high prices because there's no competition and groceries, 56 00:02:45,280 --> 00:02:48,760 Speaker 2: our supermarkets can pretty much take the margins they want 57 00:02:48,800 --> 00:02:49,120 Speaker 2: to take. 58 00:02:49,480 --> 00:02:51,480 Speaker 1: Given what you've said, what you've said, and given what 59 00:02:51,600 --> 00:02:54,240 Speaker 1: Nikola Willis says what she says, and you're roughly on 60 00:02:54,240 --> 00:02:56,360 Speaker 1: the same page, has anything actually changed? Will we just 61 00:02:56,400 --> 00:02:58,320 Speaker 1: into a whole new year of complaining more about the 62 00:02:58,320 --> 00:03:01,280 Speaker 1: same old problem which isn't getting fixed, a changed or anything. 63 00:03:02,240 --> 00:03:05,880 Speaker 2: Look, I'm hoping not, but you know, Nicola Willis talked 64 00:03:05,919 --> 00:03:08,280 Speaker 2: the big game last year when she took over as 65 00:03:08,680 --> 00:03:12,800 Speaker 2: grocery Minister, and that you know, divestment of some stores 66 00:03:12,800 --> 00:03:16,240 Speaker 2: could be on the table if nothing else wet She 67 00:03:16,560 --> 00:03:18,480 Speaker 2: asked for report, which was meant to be given to 68 00:03:18,520 --> 00:03:22,440 Speaker 2: her before Christmas. We haven't seen anything from that. She's 69 00:03:22,520 --> 00:03:26,240 Speaker 2: made some changes, but all of those sort of behavior 70 00:03:26,360 --> 00:03:29,560 Speaker 2: type changes, and while they're nice to have, nothing has 71 00:03:29,639 --> 00:03:32,600 Speaker 2: changed for New Zealand trooppers as we speak. So I'm 72 00:03:32,680 --> 00:03:36,000 Speaker 2: hoping that twenty twenty six will mean there is some 73 00:03:36,080 --> 00:03:39,040 Speaker 2: pressure because there is an election, but I'm not holding 74 00:03:39,040 --> 00:03:39,400 Speaker 2: my breath. 75 00:03:39,640 --> 00:03:41,320 Speaker 1: Nice to talk to you, Sue Chetwin, who is the 76 00:03:41,440 --> 00:03:44,640 Speaker 1: chair of the Grocery Action Group. For more from the 77 00:03:44,720 --> 00:03:47,760 Speaker 1: Mike Asking Breakfast, listen live to news talks there'd be 78 00:03:47,880 --> 00:03:51,600 Speaker 1: from six am weekdays, or follow the podcast on iHeartRadio