Larry Williams Drive

Depending on where you sit this is either unbelievable or entirely believable but it looks like the Government has gone soft on its big shake-up of the supermarket sector.  You know how the Government was blaming the supermarkets for the cost-of-living crisis, for your veges going up in price because they’re making $1m in excess profits each day? You know how it’s all their fault? And you know how Grant Robertson sat in studio with us on Budget Day and said they have to act on supermarkets? If you believed any of that you’re in for a big disappointment because the big reveal was done about an hour ago and it looks like the Government has basically warned supermarkets to change, at pace, or face regulation. Does this not feel like the petrol shake-up all over again? Big words, big words. Not a lot of action. So, what they’re doing is, they’ve accepted 12/14 recommendations from the Commerce Commission, which, by the way, produced such a pathetic report that it was deemed tame so we’re already off to a bad star