Ask anyone what’s hurting their wallet the most at the moment, and the majority will probably say the cost of food.
Figures out this week show it remains the biggest contributor to inflation, and those climbing costs are leading to rising profits for our supermarket duopoloy. - with some figures suggesting profits of $1 million a day.
As Countdown focuses on a costly reversal rebrand back into Woolworths, the Government has moved forward with plans to crack down on supermarkets, but what can they really do to break up a privately run industry?
Today on The Front Page, NZ Herald Wellington business editor Jenée Tibshraeny joins Damien to discuss the future of our rising food prices.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto
Producer: Shaun D Wilson
Executive Producer: Ethan Sills
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