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July 29, 2021
Foodstuffs and Woolworths NZ hold a duopoly over the sector. The draft report proposes a range of measures to improve competition at the retail and wholesale level, including last-resort options such as a Government backed grocery retailer and requiring supermarkets to sell shops. Dr Anna Casey-Cox, a researcher with Poverty Action Waikato, said the cost of groceries is a major stress for many Waikato households. STUFF The Commerce Commission is looking into how competitive New Zealands g...
July 29, 2021
Laws already exist within the Fair Trading Act around unfair terms in consumer contracts, however, Wilson said they would like to see similar requirements in grocery supply contracts. "So requirements for those contracts to be fair and not have any terms in them that significantly advantage the supermarket over the supplier. "So if that was a condition either in a mandatory code of conduct or as an amendment to the Fair Trading Act, it would have a lot more heft, and if the commission had the p...
July 28, 2021
But the grocery market has not attracted big names to the same extent, although Costco is making headway with its Auckland superstore and confirmed it was looking to open by the middle of next year. “The brand people would love to see is definitely Aldi,” said First Retail Group managing director Chris Wilkinson, who described it as a potential disruptor. Matt Cardy/Getty Images Aldi is a massive global player, and can use that to keep prices low. The German low-price supermarket open...
June 13, 2021
After a Sunday night bidding showdown, the houseplant smashed Trade Me's previous record by more than double.
June 11, 2021
The average cost of a house plant on Trade Me has increased 141 per cent since 2019.
June 6, 2021
Mitre 10 is criticised after it apologises for comments an employee made on their personal Facebook page.
May 26, 2021
The study’s authors said the results highlighted the irony that New Zealand and Australian taxpayers were paying for the escalating costs of chronic disease in Pacific nations – through aid funding – while Australasian companies profited from unhealthy exports to these countries. 123rf New Zealand is the largest exporter of sugary drinks to the Pacific Islands, where diet-related chronic disease is the leading cause of death. (File photo) Associate Professor Lisa Te Morenga, from Mas...
May 25, 2021
Press Release – Science Media Centre New Zealand-based companies are earning more from increased exports of sugary drinks to the Pacific, while Kiwi taxpayers are helping pay for rising healthcare costs. The finding is from Australian research , which shows imports of sweetened drinks … New Zealand-based companies are earning more from increased exports of sugary drinks to the Pacific, while Kiwi taxpayers are helping pay for rising healthcare costs. The finding is from Australian research...
May 25, 2021
Press Release – Science Media Centre New Zealand-based companies are earning more from increased exports of sugary drinks to the Pacific, while Kiwi taxpayers are helping pay for rising healthcare costs. The finding is from Australian research, which shows imports of sweetened drinks to Pacific countries increased by an average of 0.3 kg per person each year from 2000 to 2015. The SMC asked experts to comment on the research. Associate Professor Lisa Te Morenga, Rutherford Discovery Fellow, R...
May 25, 2021
Press Release – Science Media Centre New Zealand-based companies are earning more from increased exports of sugary drinks to the Pacific, while Kiwi taxpayers are helping pay for rising healthcare costs. The finding is from Australian research , which shows imports of sweetened drinks … New Zealand-based companies are earning more from increased exports of sugary drinks to the Pacific, while Kiwi taxpayers are helping pay for rising healthcare costs. The finding is from Australian research...