A warning from Foodstuffs that splitting it in two could increase prices.  

If re-elected, and if the Commerce Commission agrees, National would separate Pak'nSave from New World and Four Square to drive competition.  

The party says independent analysis shows prices could fall 3.5% a year after restructuring and 5% after six years.  

But Foodstuffs North Island Chair Dean Waddell told Mike Hosking the supermarket industry is already one of the most regulated.  

He says this policy would make business less efficient, with higher prices potentially passed onto consumers. 

Waddell says they plan to fight the policy. 

LISTEN ABOVE  

A warning from Foodstuffs that splitting it in two could increase prices. &nbsp;
If re-elected, and if the Commerce Commission agrees, National would separate Pak'nSave from New World and Four Square to drive competition. &nbsp;
The party says independent analysis shows prices could fall 3.5% a year after restructuring and 5% after six years. &nbsp;
But Foodstuffs North Island Chair Dean Waddell told Mike Hosking the supermarket industry is already one of the most regulated. &nbsp;
He says this policy would make business less efficient, with higher prices potentially passed onto consumers.&nbsp;
Waddell says they plan to fight the policy.&nbsp;
LISTEN ABOVE &nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Dean Waddell: Foodstuffs North Island Chair on National's plan to split up supermarkets

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/cad6099d-94f1-4c0a-a323-b4c7015151a9/transcript