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We do have very high retail mark ups. Perhaps this is due to that law. But it is very nice protection to live under.

by xupybd 7y ago

AmericanChopper 7y ago
Aside from the additional taxation and regulations in NZ, it does have some pretty unavoidable issues which drive up the prices of consumer goods. It’s a very small market, and very far away. Getting things there is just going to cost more anyway, and the market isn’t big enough to invite significant competition, so there’s usually a large (or at least larger than a lot of other places) markup on imported goods.
- blackoil 7y ago
  Is it really far from China compared to US/Europe?
  - AmericanChopper 7y ago
    It’s not just far, it’s far away from everything, including all the major trade routes. In Europe and Asia, a lot more goods are produced close by, and if you ship a product to any country in Europe or Asia, there’s a lot more people to buy it, and a lot more markets close by.
    - sammorrowdrums 7y ago
      And there are lots of regulations too. For example I sold an oil burner light on eBay to someone in NZ (didn't actually know as there was a UK address that forwarded the package) and I included some oils for free... Big mistake. Package was returned and I had to remove them. My only point being it's a poor port in part because of its delicate ecosystem, which necessitates very strict regulations.
  - bayindirh 7y ago
    My friend living in NZ has a fantastic quote about the distance: > NZ is a fantastic place. It takes 24 hours to get anywhere around the world. Yep, it's that far.
    - thelittleone 7y ago
      It’s far but 24hrs is a bit stretching reality e.g. ~12hrs to Santiago Chile. ~9hrs to Bali, Indonesia. ~13hrs to Los Angeles, USA. ~4hrs to Sydney, Australia.
      - throwaway1777 7y ago
        Add a layover and you could easily be at 20+ hours (which is common since NZ is small so there aren’t that many flights). Europe is well over 24 hours even to the major hubs.
        thelittleone 7y ago
        Granted, however the flights I listed are all non-stop.
        AmericanChopper 7y ago
        There’s a non-stop Auckland > Denpasar flight?
    - throw0101a 7y ago
      > Yep, it's that far. It'll be handy when the zombie apocalypse occurs though: it'll be quite the swim for any ghouls.
- deleted 7y ago
  [deleted]

We do have very high retail mark ups. Perhaps this is due to that law. But it is very nice protection to live under.

by xupybd 7y ago

We do have very high retail mark ups. Perhaps this is due to that law. But it is very nice protection to live under.

Aside from the additional taxation and regulations in NZ, it does have some pretty unavoidable issues which drive up the prices of consumer goods. It’s a very small market, and very far away. Getting things there is just going to cost more anyway, and the market isn’t big enough to invite significant competition, so there’s usually a large (or at least larger than a lot of other places) markup on imported goods.

blackoil 7y ago
Is it really far from China compared to US/Europe?
- AmericanChopper 7y ago
  It’s not just far, it’s far away from everything, including all the major trade routes. In Europe and Asia, a lot more goods are produced close by, and if you ship a product to any country in Europe or Asia, there’s a lot more people to buy it, and a lot more markets close by.
  - sammorrowdrums 7y ago
    And there are lots of regulations too. For example I sold an oil burner light on eBay to someone in NZ (didn't actually know as there was a UK address that forwarded the package) and I included some oils for free... Big mistake. Package was returned and I had to remove them. My only point being it's a poor port in part because of its delicate ecosystem, which necessitates very strict regulations.
- bayindirh 7y ago
  My friend living in NZ has a fantastic quote about the distance: > NZ is a fantastic place. It takes 24 hours to get anywhere around the world. Yep, it's that far.
  - thelittleone 7y ago
    It’s far but 24hrs is a bit stretching reality e.g. ~12hrs to Santiago Chile. ~9hrs to Bali, Indonesia. ~13hrs to Los Angeles, USA. ~4hrs to Sydney, Australia.
    - throwaway1777 7y ago
      Add a layover and you could easily be at 20+ hours (which is common since NZ is small so there aren’t that many flights). Europe is well over 24 hours even to the major hubs.
      - thelittleone 7y ago
        Granted, however the flights I listed are all non-stop.
        AmericanChopper 7y ago
        There’s a non-stop Auckland > Denpasar flight?
  - throw0101a 7y ago
    > Yep, it's that far. It'll be handy when the zombie apocalypse occurs though: it'll be quite the swim for any ghouls.
deleted 7y ago
[deleted]