More calls have come for reduced taxes to help ease supermarket prices.

The Government will force Foodstuffs and Countdown to sell groceries to competitors at regulated prices, if they don't supply them on the wholesale market fairly.

Retail NZ Chief Executive Greg Harford says the real problem is how expensive it is for new businesses to enter the market.

He told Kate Hawkesby the best way to reduce supermarket prices, would be to drop GST.

Harford says consumers spend an average of four-thousand dollars a year on groceries and very close to that paying the Government in GST.

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More calls have come for reduced taxes to help ease supermarket prices.
The Government will force Foodstuffs and Countdown to sell groceries to competitors at regulated prices, if they don't supply them on the wholesale market fairly.
Retail NZ Chief Executive Greg Harford says the real problem is how expensive it is for new businesses to enter the market.
He told Kate Hawkesby the best way to reduce supermarket prices, would be to drop GST.
Harford says consumers spend an average of four-thousand dollars a year on groceries and very close to that paying the Government in GST.
LISTEN ABOVE

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.