Early Edition with Kate Hawkesby

Ernie Newman: Grocery expert says supermarket discounts aren’t being passed on to customers

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Sinopsis

The Commerce Commission is ramping up efforts to disrupt the supermarket monopoly.  It says supplier charges and promotional pricing are reinforcing the dominance of Foodstuffs and Woolworths.  It's proposing a simplified grocery code, reducing the range of payments that supermarkets can charge suppliers.  Grocery expert Ernie Newman told Ryan Bridge that supermarkets are receiving billions of dollars in discounts - which largely aren't being passed on to consumers.   He says there's more money floating around in the sector than the Commerce Commission had previously identified.  LISTEN ABOVE See omnystudio.com/listener for privacy information.