Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Grocery bills more bad news for families

Bill English

National Finance Spokesperson

Wednesday 27 September 2000

Grocery bills more bad news for families

Supermarket chains are this week lifting prices of more than 1100 items, National Finance spokesperson Bill English revealed today.

"Price rises of 2 to 5 percent are being processed virtually as fast as the supermarkets can handle them.

"I've also been told of some lines going up by 10 to 15 percent as supermarkets carry the brunt of the low dollar, the freeze on tariff reductions, more expensive petrol and imported goods and higher manufacturing costs.

"The price rises come at a time when family budgets are under pressure from petrol price increases, so this is more bad news for us all.

"Supermarkets have been trying to hold off the higher costs caused by more expensive petrol and imported goods - but they can't do it any longer.

"Most families have been feeling concerned about how they are going to make ends meet, where they will get the money to pay for petrol bills, the mortgage, cigarette prices and now it's rising food prices.

"Both Progressive Enterprises and Foodstuffs have been publicly warning of price hikes in recent weeks. We know that many of those increases are being posted today.

"These price increases come on the back of a pessimistic consumer confidence survey. People are worried - but the Government is dismissing their concerns.

"We've got into this position because of the Government's mismanagement of what had been a strong economy. But now the chickens are coming home to roost.

"The Government must explain why it is pushing policies that make this situation worse than it needs to be."

Ends


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Davos World Economic Forum: Ardern Upbeat Despite Absences

The prime minister will soon wrap up her first day at the World Economic Forum in Davos, which is notable for who is there as much as who isn't.

Domestic political crises have kept a number of world leaders at home including US President Donald Trump, British Prime Minister Theresa May and French President Emmanuel Macron. More>>

 

Gordon Campbell: On Why Shipping Is NZ’s New Trade Problem

So Jacinda Ardern and Theresa May have signed a piece of paper promising peace in our time when it comes to our trade with Britain... Brexit is not the only concern. More>>

ALSO:

Reshuffle: National Announces Spokesperson For Drug Reform

National Leader Simon Bridges has appointed Paula Bennett to the new position of Spokesperson for Drug Reform as the Government pushes ahead with its agenda of drug decriminalisation, to signal National’s commitment to holding them to account. More>>

ALSO:

KiwiBailed: KiwiBuild Head Officially Resigns

The head of Kiwibuild, Stephen Barclay has officially resigned from the role. In a statement issued on his behalf, it was announced that he would step down from today [Friday]. More>>

ALSO:

Welfare Stats: Rise In Hardship Numbers Shows Income Inadequacy

The latest Ministry of Social Development quarterly report show that a record number of people have received hardship assistance from work and income, with an additional 40,000 hardship payments made between September and December 2018, compared to the previous quarter of the same year... More>>

ALSO:

Gordon Campbell: On MBIE’s Social Media Scam

Given the ambit of MBIE’s work, almost any form of social activity could qualify as being part of MBIE’s brief, so the privacy threats posed by this training programme are extensive. The current oversight safeguards seem threadbare to non-existent. More>>

ALSO:

JusTrade: New Campaign For A 21th Century Trade Agenda

‘Critique is no longer enough. If anything is to really change, we need to step away from the existing framework and take a first-principles approach to rethinking what will work for the 21st century.’ More>>

Earlier:

Gordon Campbell: Thompson + Clark Are The Tip Of The Iceberg

How can we tell where and how any lines are being drawn? Oversight is not exactly robust. If it were, Thompson + Clark would have been out of contention for state security work ten years ago. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels