Labour looks to nationalise supermarkets

When they brought out their power policy I said at the time they would apply it to supermarkets…now it looks like they will.

Remember these comments from Grant Robertson?

Labour Party deputy leader Grant Robertson has moved to try and reassure financial markets that its sudden lurch to favour central planning in the electricity industry is one-off.

In a statement attacking Economic Development Minister Steven Joyce, Mr Robertson says: “Labour makes no apology for stepping in to fix problems in the electricity sector. But this is not a signal that Labour is going to intervene elsewhere in the economy.

“As we said on the day we launched NZ Power, we have no plans to intervene in any other markets.”

Except of course when trying to out-bid each other for the hard left control of the labour party…then you promise the earth, and the nationalisation of supermarkets.

Labour’s leadership hopefuls have united on a promise to scrutinise the dominance of New Zealand’s two major supermarket chains to see whether Kiwis are getting a fair deal.

Jones had earlier announced he would implement a review of the supermarket industry and reiterated those comments today.

The dominance of Progressive Enterprises and Foodstuffs was bad for Kiwi suppliers and customers, he said.

He would institute a review and be guided by its recommendations.

“But I am thoroughly unimpressed both with the attitude and the behaviour of supermarkets and I can’t wait … to get a couple of professional people onto that task, in fact I have two in mind already.” 

Robertson said he was happy to go along with an inquiry “we need to ensure that if there is behaviour by this duopoly that is against the interests of consumers we have to look out for it.”

He did not know if there was a problem.

Cunliffe said the two major supermarket companies were “pretty close to a duopoly”.

The kind of market that the Commerce Commission should be looking at to ensure Kiwis were getting the best prices.

Sounds very much like NZ Power to me…except now it is supermarkets.

What next? Service Stations? Banks? Butcher shops?

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.