1 00:00:00,240 --> 00:00:04,560 Speaker 1: Electricity and groceries are your two big ticket inflation targets. 2 00:00:04,600 --> 00:00:06,640 Speaker 1: Punters want to pay less for both, and there are 3 00:00:06,760 --> 00:00:11,080 Speaker 1: nuclear options available cut the gent tailors in half by force. 4 00:00:11,680 --> 00:00:14,440 Speaker 1: Those who are pro wrecking ball argue, if you force 5 00:00:14,480 --> 00:00:17,040 Speaker 1: them to separate out the generation side of the business 6 00:00:17,079 --> 00:00:20,120 Speaker 1: from the retail side, you'd create more competition, lower prices. 7 00:00:20,640 --> 00:00:23,439 Speaker 1: You could do a similar thing with the supermarkets. You 8 00:00:23,600 --> 00:00:26,400 Speaker 1: force food stuffs and woollies to sell one hundred and 9 00:00:26,440 --> 00:00:30,639 Speaker 1: twenty supermarkets sell two of their six distribution centers to 10 00:00:30,720 --> 00:00:34,880 Speaker 1: a third player, and hey, presto, thediopol is dead. Long 11 00:00:35,159 --> 00:00:38,640 Speaker 1: live Queen Nicola. Now we're still waiting to see exactly 12 00:00:38,680 --> 00:00:40,600 Speaker 1: what cat she's going to pull out of her shopping 13 00:00:40,600 --> 00:00:43,080 Speaker 1: bag on this. She has advice, considering the options all 14 00:00:43,080 --> 00:00:46,440 Speaker 1: that stuff. Here's what I think she will do. We 15 00:00:46,479 --> 00:00:49,800 Speaker 1: can get clues from the way that they're handling electricity, 16 00:00:50,000 --> 00:00:54,200 Speaker 1: the regulators and the government, which is basically minor changes 17 00:00:54,240 --> 00:00:56,440 Speaker 1: to bits and pieces around the edges on stuff like 18 00:00:56,520 --> 00:01:00,280 Speaker 1: the super peak hedging contracts, and if things don't age, 19 00:01:00,320 --> 00:01:03,680 Speaker 1: look out, we'll regulate, will be meaner, will be tougher. 20 00:01:03,880 --> 00:01:06,440 Speaker 1: There's still the Frontier report of course which Cabinet is 21 00:01:06,480 --> 00:01:08,480 Speaker 1: considering right now, and we'll decide on by the end 22 00:01:08,480 --> 00:01:11,640 Speaker 1: of the month. In other words, you tinker and you threaten, 23 00:01:12,000 --> 00:01:14,920 Speaker 1: you sound tough enough that voters know you serious, but 24 00:01:15,000 --> 00:01:18,039 Speaker 1: not actually go death con one and risk spooking markets 25 00:01:18,040 --> 00:01:21,200 Speaker 1: in which you're actually trying to attract investment, and particularly offshore. 26 00:01:21,840 --> 00:01:24,760 Speaker 1: Plus Chris Quinn told my show the other day, they 27 00:01:24,800 --> 00:01:28,080 Speaker 1: would lawyer up to high heaven and fight anything like this, 28 00:01:28,240 --> 00:01:31,640 Speaker 1: so it gets messy. So I reckon they'll tinker on 29 00:01:31,720 --> 00:01:35,200 Speaker 1: supermarkets options on the cards. You can put supermarkets on 30 00:01:35,240 --> 00:01:38,000 Speaker 1: the fast track list, get them built quicker. You can 31 00:01:38,040 --> 00:01:42,399 Speaker 1: ban pocketbook pricing. You can empower the existing franchises to 32 00:01:42,440 --> 00:01:45,480 Speaker 1: be more independent, buying their stock from wherever they like, 33 00:01:45,640 --> 00:01:48,760 Speaker 1: setting their own prices, et cetera, et cetera. Slap a 34 00:01:49,000 --> 00:01:52,320 Speaker 1: threat to legislate for the nuclear option across the headline 35 00:01:52,320 --> 00:01:54,480 Speaker 1: of your press release. If the tinkering doesn't happen or 36 00:01:54,520 --> 00:01:58,000 Speaker 1: isn't working, throw the ball back in the duopolies court. 37 00:01:58,880 --> 00:02:02,440 Speaker 1: This would simultane satisfy Act which hates the nuclear option 38 00:02:02,920 --> 00:02:07,280 Speaker 1: and the politics of perception. It goes further than labor went, 39 00:02:07,840 --> 00:02:11,080 Speaker 1: but doesn't risk the court battles, the potential for major 40 00:02:11,440 --> 00:02:15,320 Speaker 1: changes not actually working and bringing down prices, which is 41 00:02:15,360 --> 00:02:20,119 Speaker 1: the whole point, right, one thing certain, whether it's electricity 42 00:02:20,160 --> 00:02:24,000 Speaker 1: bills or check out prices. The chances of a return 43 00:02:24,080 --> 00:02:27,040 Speaker 1: to the good old days of pre COVID prices when 44 00:02:27,080 --> 00:02:29,639 Speaker 1: we could butter the toast and fire up the heated 45 00:02:29,720 --> 00:02:34,480 Speaker 1: towel rail with gay abandon while they're slim to none. 46 00:02:34,560 --> 00:02:37,520 Speaker 1: For more from Early Edition with Ryan Bridge. Listen live 47 00:02:37,639 --> 00:02:40,680 Speaker 1: to news Talks it'd be from five am weekdays, or 48 00:02:40,720 --> 00:02:42,639 Speaker 1: follow the podcast on iHeartRadio