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New Zealand has some of the fastest rising grocery prices in the world, according to new figures. Full Article at TVNZ
Related Articles
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Australian Prime Minister Kevin Rudd said on Monday the federal government had already done plenty to increase competition in the grocery business. Rudd was responding to reports the cost of groceries in Australia was rising exponentially. Full Article at People's Daily Online
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Grocery prices have risen faster in New Zealand and Australia that most other industrialised countries, with prices in New Zealand increasing 42.5% since 2000. Full Article at Radio New Zealand
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SOME Gold Coast supermarkets are charging up to twice as much for basic groceries than their local competitors. The Gold Coast Bulletin shopped yesterday for a basket of 10 staple items at 10 supermarkets and found wide variations in price. Full Article at Gold Coast Bulletin
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COMPETITION watchdog Graeme Samuel has defended Australia's retail giants over grocery prices, rejecting claims that the nation's supermarket duopoly is forcing consumers to pay the fastest-rising food prices in the developed world. Full Article at The Australian
Related Quotes
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In September the government's competition watchdog ended restrictive agreements in leases between shopping centers and Coles and Woolies.
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If you maximize competition in the grocery industry you therefore put downward pressure on prices
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Giving consumers more information does not necessarily equal more competition ... We're taking on hard measures by taking down the barriers to competition with Coles and Woolworths.
– Craig Emerson SOURCE: The Australian -
was the only single benchmark national standard, it became the default national standard for all purposes. So AQIS found themselves in the weird position of setting the benchmark for a whole lot of consumer and domestic issues that weren't in their province.
SOURCE: The Australian
