Winston Peters: Supermarket Breakups, BNZ Buyback & Election 2026

With six weeks to go until the election, politicians are suddenly racing to intervene in New Zealand's supermarket duopoly. Labour wants structural separation, National wants to break up Foodstuffs, and New Zealand First claims everyone is just copying their homework. But behind all the big promises, nobody can actually guarantee that grocery prices will drop for everyday Kiwis. Instead, we are looking at years of legal restructuring, costly consultants, and massive market uncertainty that could end up costing the consumer even more. In this episode, Duncan sits down with NZ First leader Winston Peters to get straight answers. Winston breaks down why his Commerce Commission approach differs from Labour and the Greens, how he plans to fund buying back the BNZ for $11.5 billion, and where he stands on co-governance, RMA changes, and immigration. Plus, he addresses Christopher Luxon's leadership and reinstates his hard line on never working with Labour again. 00:00:00 The supermarket intervention political panic 00:04:08 Winston Peters on supermarket duopolies and Commerce Commission powers 00:08:00 Buying back the BNZ: Cost, Kiwibank, and banking competition 00:10:28 Cost of living crisis and campaign promises 00:12:15 RMA changes, co-governance, and local councils 00:15:58 Working with Christopher Luxon and ruling out Labour 00:18:45 Indian free trade deal, immigration, and student caps Join this channel to get access to perks:    / @duncangarnerpodcast   Get in touch with Duncan - duncan@rova.nz and join us on the socials. Website: https://www.rova.nz/podcasts/duncan-g... Instagram: @DuncanGarnerpodcast TikTok: @DuncanGarnerpodcast