The Finance Minister says there will be an announcement in the next week on the Government's next steps to encourage more competition in the supermarket sector

Nicola Willis has previously indicated intentions to encourage a third player into the market - to challenge the two incumbents.

She says while it's good to have a niche provider opening - unless someone is opening multiple stores, it's hard to get competition impact.

Willis says she's been engaging with a range of smaller players - and it's clear to her - the Government will need to take further action in this space.