Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


Filter this topic showing only the reply marked as answer View this topic in a long page with up to 500 replies per page Create new topic
1 | ... | 5 | 6 | 7 | 8 | 9 | 10 | 11
Affiliate link
 
 
 

Affiliate link: Life360 protects each family member with advanced driving, digital, and location safety features. Choose the plan that fits your family’s size and life stage.
Geektastic
16695 posts

Uber Geek

Trusted
Lifetime subscriber

  #2916614 20-May-2022 22:04
Send private message quote this post

Lias:

Geektastic:


I wonder why they do not export pork?



I would assume because our domestic demand vastly outstrips domestic supply.. I've heard something like 80-90% of our pork is imported.



Doesn’t that suggest we need more pig farmers?





Geektastic
16695 posts

Uber Geek

Trusted
Lifetime subscriber

  #2916615 20-May-2022 22:07
Send private message quote this post

gzt:
Lias: I could be wrong but didn't the supermarkets both say they were going to do that already?

Maybe. Not that I know of. There is 20+ years of this strategy in NZ. I'd be surprised if all that landbanking and covenanting went away overnight voluntarily. Legislation of this nature was recommended by the commerce commission.


I’d guess the legislation will prevent future occurrences.

Taking away existing rights would possibly lead to claims for compensation.





ANglEAUT
1682 posts

Uber Geek

Trusted

  #2916617 20-May-2022 22:14
Send private message quote this post

Behodar:

 

That's the essence of it. There's also a quote from an 'expert' complaining that it's too little, too late, ...

 

 

Bernard Hickey agrees with the quoted part. I think, he said as much on 19th May.

 

 





Please keep this GZ community vibrant by contributing in a constructive & respectful manner.

 

RZmask referral | SmartAss




mattwnz
18631 posts

Uber Geek


  #2916629 20-May-2022 23:21
Send private message quote this post

They need to make changes now, and potentially some emergency temporary changes in the interim. But the question is what is going to bring in the best competition to the market.

Handle9
7601 posts

Uber Geek

Trusted
Lifetime subscriber

  #2916632 21-May-2022 03:20
Send private message quote this post

Geektastic:
Dratsab:

International wholesale prices affect the local price. Fonterra probably regard it as a bit of a PITA to supply the local market when they could much more easily just bulk ship everything offshore.


The international market is used to justify local meat prices as well even though, as a rule, export quality meat is not fed into the local chain.



Yes. Why would we want to eat the good stuff? 😤


It’s really quite good.

Speedy885
161 posts

Master Geek


  #2916970 21-May-2022 21:45
Send private message quote this post

Behodar:

gzt: Paywalled, but I can see that much : )

 

That's the essence of it. There's also a quote from an 'expert' complaining that it's too little, too late, and implying that it's therefore not worth doing.

 

 

Definitely too little too late. Something should have been done years ago but im sure a few backhanders to certain people ensured they could carry on as they pleased.

Lias
4863 posts

Uber Geek

ID Verified
Trusted
Lifetime subscriber

  #2916980 21-May-2022 22:28
Send private message quote this post

gzt: 
Maybe. Not that I know of. There is 20+ years of this strategy in NZ. I'd be surprised if all that landbanking and covenanting went away overnight voluntarily. Legislation of this nature was recommended by the commerce commission.

 

I knew I wasn't going mad:

 

https://www.stuff.co.nz/business/126376359/foodstuffs-says-food-prices-not-high-concedes-on-covenants-in-reply-to-market-study

 

So Foodstuffs at least agreed to voluntarily do this before the final report came out.

 

Also found this page which seems relevant:

 

https://www.foodstuffs.co.nz/news-room/fsni-fact-checker

 

 





I'm a geek, a gamer, a dad and an IT Professional. I have a full rack home lab, size 15 feet, an epic beard and Asperger's. I'm a bit of a Cypherpunk, who believes information wants to be free and the Net interprets censorship as damage and routes around it.




Dratsab
3800 posts

Uber Geek

Trusted
Lifetime subscriber

  #2918154 24-May-2022 21:00
Send private message quote this post

Geektastic: Doesn’t that suggest we need more pig farmers?

 

I've heard well more than enough about pig farmer lately...


gzt

gzt
13551 posts

Uber Geek

Lifetime subscriber

  #2918179 24-May-2022 21:55
Send private message quote this post

Lias: Also found this page which seems relevant:


https://www.foodstuffs.co.nz/news-room/fsni-fact-checker


we have already released covenants from 78 out of 135 titles. So far 58% of all affected titles have had covenants removed and the remaining covenants are registered against land that we no longer own – we are approaching the owner of each parcel of land to remove these where needed.

Still a few to go aye. A voluntary approach was never going to cut it imo because it would run the risk of a competitor entering the market and doing exactly the same thing or something sneakily similar.

gzt

gzt
13551 posts

Uber Geek

Lifetime subscriber

  #2918187 24-May-2022 22:06
Send private message quote this post

My bold:

Beehive: The Commerce (Grocery Sector Covenants) Amendment Bill amends the Commerce Act 1986, banning restrictive covenants on land, and exclusive covenants on leases. It also makes existing covenants unenforceable.

Imo you will see a lot more competitive activity out of this. Particularly fruit and vege shops setting up next to supermarkets.

Behodar
8277 posts

Uber Geek

Trusted
Lifetime subscriber

  #2919684 28-May-2022 13:40
Send private message quote this post

Sigh, supermarket playing games again. A 'real' brand product is $5. The supermarket home brand is $4 for the same size bottle. Upon comparing them, I found that the home brand is watered down to half strength, so you need to use twice as much, and therefore the home brand is really $8 for the same amount as the 'expensive' brand.


  #2919784 28-May-2022 18:01
Send private message quote this post

Behodar:

Sigh, supermarket playing games again. A 'real' brand product is $5. The supermarket home brand is $4 for the same size bottle. Upon comparing them, I found that the home brand is watered down to half strength, so you need to use twice as much, and therefore the home brand is really $8 for the same amount as the 'expensive' brand.


It's on a par with 800g packs of frozen veges being priced the same as 1kg packs - hoping the customer won't notice...

SepticSceptic
1969 posts

Uber Geek

Trusted

  #2919878 28-May-2022 22:42
Send private message quote this post

Yeah, it's not always price per 100gm or whatever.
Lot of the home brand style equivalents have more water, fillers, etc to make it cheaper.

A certain off brand bleach is 2% HCl. Normal household bleach is 4% or better.

Similar with items such as relish. More water and tapioca thickner as compared to on brand items.

Bah.




My thoughts are no longer my own and is probably representative of our media-controlled government


beehappy
98 posts

Master Geek


  #2919895 29-May-2022 08:21
Send private message quote this post

SepticSceptic: Yeah, it's not always price per 100gm or whatever.
Lot of the home brand style equivalents have more water, fillers, etc to make it cheaper.

A certain off brand bleach is 2% HCl. Normal household bleach is 4% or better.

Similar with items such as relish. More water and tapioca thickner as compared to on brand items.

Bah.

 

In a previous life I worked for a company with a Butchery attached client in Queenstown would only take Mince at a set price so to make it work butcher would add litres of water to Bull beef as it absorbed the most water.

 

Was always a standing joke if mince was on special were you buying it by the Kilo or by the Litre.


freitasm
BDFL - Memuneh
73920 posts

Uber Geek

Administrator
ID Verified
Trusted
Geekzone
Lifetime subscriber

  #2920465 30-May-2022 16:07
Send private message quote this post

Press release:

 

 

The Government has put supermarkets on notice, and the message is clear: change at pace to increase competition and be prepared for regulation, Minister of Commerce and Consumer Affairs, David Clark announced today.

 

“The Government and New Zealanders have been very clear that the supermarket industry doesn’t work. It’s not competitive and shoppers aren’t getting a fair deal. The duopoly needs to change, and we are preparing the necessary legislation to do that,” David Clark said.

 

It comes as part of the Government’s formal response to the Commerce Commission’s market study into New Zealand supermarkets. The report found supermarkets earn $1 million a day in excess profits, straight from the pockets of Kiwi consumers.

 

The Commission made 14 recommendations including introducing a mandatory code of conduct to establishing an industry regulator and ensuring loyalty programmes are easy to understand and transparent. The Government has accepted 12 of the recommendations and is taking stronger action on the other two.

 

“The two recommendations not accepted relate to implementing a voluntary wholesale access regime and to a review of competition in three years. These issues can’t be kicked down the road. We need to address the underlying drivers of the lack of competition now.

 

“I spoke with both supermarket companies this afternoon to make this very clear. They know what is expected from them and the length of time we are prepared to give them to change before regulation kicks in.

 

“Given the pressure New Zealanders are under due to global inflation and cost of living increases, we can't afford to wait three years. Budget 2022 delivered a cost of living payment for about 2.1 million Kiwis to help with the impact of rising prices and fixing our supermarket sector is another action the Government can take.

 

“Our supermarkets know they’re in the spotlight, and we’ve recently seen some posturing around price rollbacks. However, it doesn’t fix the systemic problem at large – which is a lack of genuine competition in the sector.

 

“Alongside the retail stores, supermarkets have wholesale arms. We are calling on the duopoly to open these up to would-be competitors, at a fair price. Do this knowing the Government is determined to get a regulatory backstop finalised by the end of the year.

 

“If supermarkets do not strike good-faith wholesale deals with their competitors – our regulatory measures will make it happen for them. We are not afraid to unlock the stockroom door to ensure a competitive market.

 

“We are taking these actions because if competitors don’t have proper access to wholesale goods, there’s no real incentive to enter the market. You can’t run supermarkets with empty shelves. And the New Zealand market clearly needs more competition.

 

“We are also looking at how to implement compulsory unit pricing on grocery products which will give shoppers the ability to better compare products. Plus, we’re getting ready to launch consultation on the code of conduct that retailers will have to adhere to.

 

“Whilst we work to establish an industry regulator the Commerce Commission will take on these responsibilities temporarily. Once established the ‘watchdog’ will help keep pressure on the grocery sector, by providing annual state-of-competition reviews to keep supermarkets honest, as opposed to the check-in after three years recommended by the Commission. It will also facilitate a resolution scheme to mediate disputes between suppliers and retailers.

 

“This work will sit alongside my Budget night legislation to ban supermarkets from using restrictive covenants on land, and leases to block competition from setting up shop in certain suburbs and shopping centres. This Bill is currently with select committee.

 

“It is important to get this right and I look forward to continuing to engage with the grocery industry as we move forward with this suite of changes through the Grocery Industry Competition Bill which I intend to introduce to the House later this year,” David Clark said.

 

MBIE is also undertaking further work around requiring major grocery retailers to divest some of their stores or retail banners. Obviously this is a longer term piece of work due to its complexity, David Clark said.

 





Are you happy with Geekzone? Consider subscribing or making a donation.

 

 

 

freitasm on Keybase | My technology disclosure 

 

These links are referral codes: Sharesies | Mighty Ape | Norton 360 | Lenovo laptops | GoodsyncGeekzone Blockchain Project


1 | ... | 5 | 6 | 7 | 8 | 9 | 10 | 11
Filter this topic showing only the reply marked as answer View this topic in a long page with up to 500 replies per page Create new topic





News and reviews »

Intel Arc A380 Graphics First Available in China
Posted 15-Jun-2022 17:08


JBL Introduces PartyBox Encore Essential Speaker
Posted 15-Jun-2022 17:05


New TVNZ+ streaming brand launches
Posted 13-Jun-2022 08:35


Chromecast With Google TV Review
Posted 10-Jun-2022 17:10


Xbox Gaming on Your Samsung Smart TV No Console Required
Posted 10-Jun-2022 00:01


Xbox Cloud Gaming Now Available in New Zealand
Posted 10-Jun-2022 00:01


HP Envy Inspire 7900e Review
Posted 9-Jun-2022 20:31


Philips Hue Starter Kit Review
Posted 4-Jun-2022 11:10


Sony Expands Its Wireless Speaker X-series Range
Posted 4-Jun-2022 10:25


Microsoft Updates Surface Laptop Go With 11th Gen Intel CPUs
Posted 2-Jun-2022 07:12


MSI Workstations, Business Laptops Exclusively Available From Ingram Micro New Zealand
Posted 31-May-2022 17:21


Seagate Serves Edge Security Applications With New Skyhawk AI Video-optimised Drive
Posted 31-May-2022 17:20


Dyson Gives Glimpse of Secret Robot Prototype
Posted 31-May-2022 17:15


Hisense Launches in New Zealand, With TVs and Home Appliances
Posted 31-May-2022 17:10


Logitech Introduces the Lift Vertical Ergonomic Mouse
Posted 31-May-2022 17:09









Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.