A view higher than average grocery prices show something's clearly wrong with our grocery sector. 

The Commerce Commission's revealed our prices are the fifth-highest in the developed world.  

It highlights the market doesn't support new players and major supermarkets continue to wield power over smaller stores. 

Grocery policy expert Ernie Newman told Ryan Bridge there's no good reason for us to pay so much. 

He says for a country that's an extremely efficient food producer, we should be paying way below the OECD average – which we used to. 

LISTEN ABOVE 

A view higher than average grocery prices show something's clearly wrong with our grocery sector.&nbsp;
The Commerce Commission's revealed our prices are the fifth-highest in the developed world. &nbsp;
It highlights the market doesn't support new players and major supermarkets continue to wield power over smaller stores.&nbsp;
Grocery policy expert Ernie Newman told Ryan Bridge there's no good reason for us to pay so much.&nbsp;
He says for a country that's an extremely efficient food producer, we should be paying way below the OECD average – which we used to.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Ernie Newman: Grocery Policy Expert on food prices being the fifth in the developed world

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/819f2d9d-fbe9-4f9e-8f6b-b33200016aa3/transcript