John Murphy: Vegetables NZ Chair on the Commerce Commission's grocery report

Published: Sept. 4, 2024, 9:12 p.m.

New Zealand\u2019s produce providers are hoping for a bit more information regarding the supermarket industry.\xa0

The Commerce Commission's first annual report into the grocery market, shows competition hasn't meaningfully improved.\xa0

It flags increasing margins and high profitability.\xa0

Vegetables NZ\u2019s John Murphy told Mike Hosking that it would be great if growers got more of a slice of the pie, given the commercial risk they undertake.\xa0

He said that better market information would be helpful, but if the government is to intervene, they need to be really careful to ensure the real world outcomes are of benefit to consumers and to producers. \xa0

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