Early Edition with Kate Hawkesby

Sighs of relief in some quarters after the Commerce Commission report on building supplies came out. ComCom says competition isn't working as well as it could in the sector and a lot of people in the industry said…er...tell us something we didn't know. ComCom also raised the issue of rebates; big volume buyers get a better discount, but is there anything too surprising about that? If you were a big buyer, you'd expect a better price too wouldn't you? There are some comments about restrictive land covenants and exclusive leases, these sound a lot like what we heard in the supermarket report. But overall, the message from this lengthy probe seems to be, you know what, there's nothing much to see here. So has the ComCom missed the glaringly obvious, or are there reasons we pay so much more for building stuff than the Aussies do? People often take pot shots at the bigger companies, with the supermarkets it seems justified as some of their conduct has been appalling. But is it the same in construction? If so, this