Commerce and Consumer Affairs Minister on Air NZ prices

The Consumer Affairs minister is watching Air New Zealand's ticket prices closely and talks to the airline regularly. But don't expect government action anytime soon. The government's all but ruled out regulating prices and won't commit to a market study. Air New Zealand said its costs have gone up about 30 percent in the past three years and it's not price gouging. Commerce and Consumer Affairs Minister, Scott Simpson spoke to Lisa Owen.