A former Costco NZ boss is mostly on-board with National's election Foodstuff break-up plan to drive down grocery prices, but he likes some Labour ideas, too.

National and NZ First want to split Pak'n Save from New World and Four Square.

Labour's pledging to split Foodstuffs' and Woolworths' retail and wholesale interests.

Patrick Noone says he'd add some Labour policies to National's.

"The unfair contracts should be ended, I think that's straightforward common sense. Junk fees - banned, that should be done as well. And smaller supermarkets can have guaranteed access to wholesale supply, absolutely." 

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A former Costco NZ boss is mostly on-board with National's election Foodstuff break-up plan to drive down grocery prices, but he likes some Labour ideas, too.
National and NZ First want to split Pak'n Save from New World and Four Square.
Labour's pledging to split Foodstuffs' and Woolworths' retail and wholesale interests.
Patrick Noone says he'd add some Labour policies to National's.
"The unfair contracts should be ended, I think that's straightforward common sense. Junk fees - banned, that should be done as well. And smaller supermarkets can have guaranteed access to wholesale supply, absolutely."&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Patrick Noone: former Costco NZ managing director on Labour and National pledging to make Foodstuffs changes

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b9386417-32ed-46cc-9732-b4cc0061dcd6/transcript