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...

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