Search Results » @author The Chairman
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Comment on Greens launch plan to break up the supermarket duopoly and bring down the price of food
I was directing you to what I was basing my assumption on. I see you found it. Yes, it’s no guarantee they could automatically replicate that 5.5% but it shows what kind of return is possible. Thus, something to work off rather than just your reckons. …
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Comment on Greens launch plan to break up the supermarket duopoly and bring down the price of food
This should clear things up a bit https://thestandard.nz/open-mike-06-09-2026/#comment-2071730 Keep in mind procurement, distribution, staffing, property or inventory costs are all operating costs not profit
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Comment on Open Mike 06/09/2026
That’s just the breakdown of the million a day which is just the excess The commission estimated Countdown and Foodstuffs’ combined profit would fall by $430m a year if they earned a 5.5% return on their capital, instead of the 12.9% annual return https:// …
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Comment on Open Mike 06/09/2026
We need to know the numbers to better calculate. However, don’t overlook their mandate and scope to further lower their margin to further lower costs. That million a day is just the excess The Greens didn’t do too well presenting their budget on Q&A. If …
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Comment on Greens launch plan to break up the supermarket duopoly and bring down the price of food
Thanks for your reply Supermarkets already procure at an enormous scale so can’t see that making too much headway. Subsidising in the manner you are suggesting will come with on going taxpayer costs that will quickly add up. At least the Greens will be …
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Comment on Open Mike 06/09/2026
Yeah nah Maybe 5 million a week but not a day
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Comment on Open Mike 06/09/2026
Indeed. Hopefully the Greens have done their homework and will be able to answer this and more when further questioned on it by the media.
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Comment on Greens launch plan to break up the supermarket duopoly and bring down the price of food
A public house brand seems to be popular tonight, you’re the second one to bring that up. So how do you see that working?
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Comment on Open Mike 06/09/2026
Cricklewood seems to be implying consumers would only save $80 a year under the Greens plan Yet, 5 million Kiwis don’t shop everyday Nevertheless, thanks for your imput
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Comment on Greens launch plan to break up the supermarket duopoly and bring down the price of food
Are you implying the Greens haven’t already considered the question and that they’re just blindly jumping into this?
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Comment on Greens launch plan to break up the supermarket duopoly and bring down the price of food
Have they given any examples of what people can expect to save on an average shop? Have they given an expected timeline to have it up and running? Can employees expect a living wage?
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Comment on Open Mike 06/09/2026
Going off this report below it sounds like it’s $1 million per day per supermarket Commerce Commission stopped short of recommending Countdown and Foodstuffs be forced to sell parts of their businesses despite estimating they were making about $430 million …
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Comment on Open Mike 06/09/2026
@ 20 cents per day per person? Got a link for that? Can you give more detail on your ‘home brand’ plan? As in created in what way? Who sets the prices? How much lower would margins be set? How much would you expect to see people save on a $200 shop?
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Comment on Open Mike 06/09/2026
Just heard him say on 1News (no link up yet) all options are on the table
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Comment on Open Mike 06/09/2026
Didn’t take long for National to come out swinging. This is when people look to see if Labour will smash them (the Nats) or join them in their dislike of KiwiMart
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Comment on Open Mike 06/09/2026
With no government being able to get a new competitor here or get on top of prices. something had to be done. People are drowning with high costs so hopefully the Greens will act with pace. Te Pāti Māori generally align with the Green Party on breaking up …
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Comment on Open Mike 06/09/2026
‘KiwiMart’ The Green Party is campaigning on establishing a publicly owned supermarket chain to break up the duopoly and drive down food prices. Swarbrick said KiwiMart would start with 15 percent market share. “We’re not short of supermarkets, we’re short …
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Comment on Daily review 03/09/2026
Indeed.
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Comment on Daily review 03/09/2026
Global Bond Sell-Off New Zealand yields are mimicking a massive international trend as investors dump bonds across the world. Talk of government borrowing costs across major economies entering a new era. https://www.thepost.co.nz/business/361072777/ …
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Comment on Open Mike 03/09/2026
Was just reading that. This government could and should have done more IMO. But alas, that ship has sailed Chinese infrastructure companies can supply workers from China for overseas projects
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Comment on Open Mike 03/09/2026
And this (below) seems to be why it doesn’t match up with the rate of inflation The original NZLW (announced 2013) was constructed on the basis of expenditure items for a modest weekly budget. However, once the living wage rate became a wage mechanism …
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Comment on Open Mike 03/09/2026
What I found interesting was the living wage only went up 95 cents. That’s shy of the increase in the rate of inflation. $28.95 multiplied by 4.1% (annual inflation rate) is $1.19 (rounded). And some say real inflation is higher than that (power, rates, …
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Comment on Open Mike 03/09/2026
Hipkins has signed a pledge to extend the living wage to all workers in the state sector if elected. Hipkins said the process would not be quick or easy, given some contracted sectors, such as integrated schools, were not controlled by the Government. The …
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Comment on Open Mike 03/09/2026
Burnham was never going to be the solution to the problems they face. And those thinking he was will end up being disappointed
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Comment on Open Mike 02/09/2026
Profits going offshore is one of our biggest exports https://www.stats.govt.nz/information-releases/balance-of-payments-and-international-investment-position-september-2025-quarter/
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Comment on Open Mike 02/09/2026
Thanks for that. The NZ Super Fund achieved an annualized 10-year return of 11.22% p.a. as of 31 May 2026 https://nzsuperfund.nz/performance/investment-performance/
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Comment on Open Mike 02/09/2026
Regular weekly contributions to this fund would see this fund vastly accumulate over time too. The Prescribed Investor Rate re tax could be adopted but lower overheads and better returns should help offset higher KiwiSaver fees and thus, perhaps also the …
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Comment on Open Mike 02/09/2026
Perhaps in the short-term but not over the long-term that I’m aware of. Can you point to one?
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Comment on Open Mike 02/09/2026
Yes, KiwiSaver investment earnings are taxed too. However, a super fund is far more capable of out performing KiwiSaver earnings. Better earnings equals better tax returns, win-win. Better capability to invest, grow and take the knocks is what investors …
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Comment on Daily review 01/09/2026
I was thinking a land tax on residential property over $2m. $1m would capture too many asset rich. Further, it would align with your proposed stamp duty Your thoughts? The proportion of individuals with wage and salary income over $150,000 in 2026 is 7.3%. …