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Greens Vow to Break up Supermarket Duopoly, Set up Publicly Owned 'KiwiMart'
The plan also includes bans on excessive pricing, stronger Commerce Commission powers and a $150 million Fair Food Fund.
- Green Party co-leader Swarbrick and co-leader Marama Davidson announced the 'KiwiMart' plan in Auckland, proposing to nationalize 120 stores to break up the grocery duopoly and lower food prices.
- Two companies, Foodstuffs and Woolworths, dominate the sector; Swarbrick said successive governments failed to lure competition, leaving consumers paying high prices.
- Parliamentary Library modelling estimates the plan costs $2.8 billion, comprising $1.3b to purchase stores and $1.5b to establish KiwiMart, targeting 15 percent market share.
- The 'Affordable Kai' initiative includes the National Food Strategy, restoring the school lunch programme for $2.2b and establishing a $150 million annual 'Fair Food Fund' for foodbanks.
- Stores are set to open late next year, with the Greens citing Consumer New Zealand and New York Mayor Zohran Mamdani's publicly owned grocery platform as international inspiration.
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RODNEY HIDE: KiwiMart — The Great Leap Forward
The Greens have a plan for cheaper groceries. It’s called KiwiMart. Force Foodstuffs and Woolworths to sell 120 stores and a couple of warehouses into state ownership at a heavy discount, splash about $2.8 billion, ban “price gouging,” and — abracadabra — milk is affordable.Competition, they say. Owned by all New Zealanders, for all New Zealanders. The slogan writes itself. So does the sequel.Year 1. KiwiMart opens with a mandate to prioritise a…
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Total News Sources11
Leaning Left2Leaning Right1Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
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