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Ryan Bridge: The Govt should have fast tracked supermarkets years ago · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: All goods so far from Nikola Willison's supermarkets. I reckon
• 0:03
  Speaker 1: she's got to the nub of the problem, which is
• 0:05
  Speaker 1: basically red tape. Governments of all stripes, including her, have
• 0:09
  Speaker 1: been quick to point the finger at private enterprise for
• 0:12
  Speaker 1: higher prices, and there is truth in that, but most
• 0:15
  Speaker 1: haven't looked in the mirror like Willis did yesterday and
• 0:18
  Speaker 1: admit it's them that also has a problem. We all do. Really,
• 0:22
  Speaker 1: everyone moans about prices, but then moans about construction of
• 0:27
  Speaker 1: anything new not in my backyard. The whole NIMBI movement,
• 0:31
  Speaker 1: consultation up, the wazoo committees, petitions, duncan web on a soapbox.
• 0:36
  Speaker 1: That's democracy. Like Churchill said, the lesser of two evils.
• 0:40
  Speaker 1: It's taken them two years to get here, but they
• 0:42
  Speaker 1: could have just listened to our interview with the former
• 0:44
  Speaker 1: managing director of Costco back in March. Of course, he
• 0:47
  Speaker 1: told us all of this then, and the other big
• 0:50
  Speaker 1: problem real estate prices for those wanting to build and
• 0:53
  Speaker 1: develop and shipping. Getting your goods here to the bottom
• 0:57
  Speaker 1: of the world on their time frames is another big one,
• 1:00
  Speaker 1: especially when you're operating at scale like a Costco. We
• 1:03
  Speaker 1: spoke about this last week. They will tinker around with
• 1:07
  Speaker 1: the fast track the consumer laws and then plaster their
• 1:10
  Speaker 1: presses with the threat of breaking up the duopoly, divestment,
• 1:15
  Speaker 1: forcing your pack and saves you will worse to sell
• 1:20
  Speaker 1: some of their stores to a new entrant, to a
• 1:22
  Speaker 1: third entrant, forcing your food stuffs to sell some distribution centers. Maybe,
• 1:27
  Speaker 1: And what I said last week is still true now
• 1:29
  Speaker 1: Acts won't go for it, so it's a non starter.
• 1:33
  Speaker 1: Plus even the ComCom said it's risky as cost could
• 1:37
  Speaker 1: outweigh benefits. So Willis should stop with the threats. If
• 1:41
  Speaker 1: you own a supermarket right now and your livelihood is
• 1:45
  Speaker 1: being threatened, are you going to invest, are you going
• 1:49
  Speaker 1: to hire staff? Are you going to plan an expansion?
• 1:53
  Speaker 1: The threat is purely political and could end up doing
• 1:56
  Speaker 1: the opposite of what Willis wants it to do, So
• 1:59
  Speaker 1: just put it in the ben already. For more from
• 2:03
  Speaker 1: Early Edition with Ryan Bridge, listen live to News Talks
• 2:06
  Speaker 1: it Be from five am weekdays, or follow the podcast
• 2:09
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