Willis homes in on grocery and power prices

Willis homes in on grocery and power prices
Finance Minister Nicola Willis. (Image: NZME)
Pattrick Smellie
Supermarkets and electricity suppliers are on notice that the Government will more aggressively pursue competition in their sectors.At a speech to Waikato University’s annual New Zealand Economics Forum, Finance Minister Nicola Willis singled out the two high-profile sources of friction over high prices.“While many super-sized businesses have flourished, in too many cases the Kiwis they sell to have experienced higher prices, fewer choices and a worse deal all round,” Willis said.“In my view, lawmakers and regulators hav...

More Retail

Restaurant Brands NZ's indy directors say low offer still tasty
Retail

Restaurant Brands NZ's indy directors say low offer still tasty

Below-valuation offer for Restaurant Brands NZ recommended by independent directors.

Mitre 10 starts banking IT project gains
Retail

Mitre 10 starts banking IT project gains

The hardware store chain has gained share in a tough market.

Pattrick Smellie 25 Oct 2025
Massive Pōrangahau fire largely contained after spreading to pines planned for Ikea furniture
Retail

Massive Pōrangahau fire largely contained after spreading to pines planned for Ikea furniture

A 245-hectare fire burning its way through forest near Pōrangahau, Central Hawke’s Bay, is likely to continue to cause firefighters headaches over the next week. Ingka Investments Management New Zealand operations manager Dylan Foster said roughly 80 hectares of their 550-hectare...

Staff reporters 22 Oct 2025
You can make ChatGPT your personal shopper
Retail

You can make ChatGPT your personal shopper

While you’ll need to fact-check the chatbot, it’s useful for comparing prices.