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We have that system down here in New Zealand. However we have only two supermarket chains and a near monopoly for many consumer good and building supplies. You
by lostlogin 3y ago
We have that system down here in New Zealand. However we have only two supermarket chains and a near monopoly for many consumer good and building supplies.
You can buy New Zealand produce around the world for less than it costs us in New Zealand. So going for a meal costs what it says on the menu and no more, but that cost is steep.
- jackson1442 3y agoI don’t think inclusive pricing and the cost of goods are necessarily linked, there are many other reasons goods and services could be more expensive in NZ.
- lostlogin 3y agoOh there are, rules around employees, consumer guarantees act, acc levies and various other things. But it seems unlikely that have just 2 food suppliers isn’t a root cause of food price issues.
- lmpdev 3y agoAustralian here Isn't it mostly just economies of scale plus transport costs? Or are our industrial relations laws really not as good?
- lozenge 3y agoIt's more about farming subsidies and tax levels. Some governments choose to make food cheap by encouraging overproduction.
- Symbiote 3y agoOverproduction (by subsidy) is also very useful to cope with poor harvests, supply shortages due to wars etc. Discussion on the European system for this: https://en.wikipedia.org/wiki/Common_Agricultural_Policy#Oversupply_and_its_redistribution https://en.wikipedia.org/wiki/Common_Agricultural_Policy#Ove...
- renonce 3y agoIt looks like New Zealand charges a 15% VAT which is applied when New Zealand residents buy anything in Europe but not when New Zealand goods are exported, maybe that could be where the cost is?
- lostlogin 3y agoThere is VAT when you buy in the UK too though. New Zealanders pay way more. It's seems to be 50-100% what those in the UK pay for groceries, though this varies depending on how you measure or what you read. https://simplenewzealand.com/cost-of-living-in-new-zealand-vs-uk/#:~:text=Food%20is%20the%20second%20largest,89)%20on%20food%20per%20week https://simplenewzealand.com/cost-of-living-in-new-zealand-v.... https://www.newshub.co.nz/home/money/2021/09/shopper-s-receipt-shows-how-much-less-groceries-cost-in-the-uk-compared-to-nz.html https://www.newshub.co.nz/home/money/2021/09/shopper-s-recei... https://thespinoff.co.nz/money/12-08-2021/how-do-nz-grocery-prices-compare-with-overseas-we-have-the-receipts https://thespinoff.co.nz/money/12-08-2021/how-do-nz-grocery-...