Jan Tinetti Labour MP

As part of our work to support Kiwis with cost of living pressures, we're taking the next steps to fix the supermarket sector and ensure fair prices at the checkout.

I know that people here in Tauranga are fed up with paying a premium for the basics, while supermarkets are earning around $1 million a day in excess profits. We're working at pace to fix the sector and make sure that people here in the Bay of Plenty pay a fair price at the till.

We're introducing a mandatory code of conduct – and consultation on this is now open, so if you want to have your say, head to: www.mbie.govt.nz/have-your-say/grocery-code-of-conduct

Alongside this, we're introducing compulsory unit pricing on grocery products to make it easier for consumers to compare prices. We're also appointing a Grocery Commissioner to be a referee for the sector, keeping the supermarkets honest and blowing the whistle when it suspects there's a problem.

We're calling on supermarkets to open up wholesale access for their competitors, at a fair price – or we'll do it for them through law. Opening up supermarket's stockrooms will make it easier for new competitors to enter the market, and ensure fairer prices.

Taking action on supermarkets is just one of the ways that we're helping to ease the pressure on households in the face of global inflation. We've also introduced a new temporary cost of living payment, cut transport costs, and more.

There's no single solution for the current cost of living pressures that are being felt around the world, but, when taken together, the measures we're putting in place are making a real difference for Kiwis.