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edogawa rando
Mar 20, 2007

Clare Curran's tabled documents that shows how involved McElrea is in fact intimately involved in the production of the Whanau Ora documentaries and has called for his resignation.


http://www.stuff.co.nz/national/politics/6385346/Call-for-McElrea-to-resign-from-NZ-On-Air


I'd say this is better work as opposition than they had done for 2.5 of the last 3 years. They're not letting the McElrea issue die and are keeping it in the public.

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ledge
Jun 10, 2003

miss_chaos posted:

Interesting that RadioLive got it legalled by the Electoral Commission who said it was okay only for the Electoral Commission to refer it to the police afterward.

From what I recall, Labour only started chasing the law angle when Phil Goff didn't get an hour as well. I definitely got the impression it was totally okay to break the law so long as they got to as well. From the story in the Herald, Robertson said "well had we had the offer we would have considered the legal bit" - like hell, they would have been all over it and done the exact same thing.

Will be interesting to see where it goes - probably nowhere, just like the other complaints. Like Grant Robertson said, the horse has already bolted.

But it is only breaking the law if the same exposure/opportunity isn't given to other candidates.

The excuse from Key and Radio Live that it wasn't political and therefore was exempt from the law is just nonsense. Considering National's major strategy was the cult of personality surrounding John Key, an hour of him looking like a good bloke on the radio is about as political as it can get.

Red_Fred
Oct 21, 2010


Fallen Rib

ledge posted:

But it is only breaking the law if the same exposure/opportunity isn't given to other candidates.

The excuse from Key and Radio Live that it wasn't political and therefore was exempt from the law is just nonsense. Considering National's major strategy was the cult of personality surrounding John Key, an hour of him looking like a good bloke on the radio is about as political as it can get.

I'm pretty sure this will go nowhere as it probably should, it's a bit petty.

edogawa rando
Mar 20, 2007

Now that's something, Duncan Garner just straight up called out the National government on their failure at job creation, saying it was on them.

Ratios and Tendency
Apr 23, 2010

:swoon: MURALI :swoon:


Red_Fred posted:

I'm pretty sure this will go nowhere as it probably should, it's a bit petty.

I would have thought the government ignoring electoral law because they felt like it was the petty action.

Butt Wizard
Nov 3, 2005

It was a pornography store. I was buying pornography.

Ratios and Tendency posted:

I would have thought the government ignoring electoral law because they felt like it was the petty action.

New Zealand political parties have a long proud tradition of just doing what they want.

miss_chaos
Apr 7, 2006

Ratios and Tendency posted:

I would have thought the government ignoring electoral law because they felt like it was the petty action.

Pretty sure Radio Live is actually the one liable here if it ends up going anywhere.

Speaking of liability, is someone with any legal nous able to explain what happens next re the CTV report? Can families sue?

Butt Wizard
Nov 3, 2005

It was a pornography store. I was buying pornography.

miss_chaos posted:

Pretty sure Radio Live is actually the one liable here if it ends up going anywhere.

Speaking of liability, is someone with any legal nous able to explain what happens next re the CTV report? Can families sue?

I'm also curious whether the Council might have passed other such buildings that apparently should never have been signed off on.

dusty
Nov 30, 2004

miss_chaos posted:


Speaking of liability, is someone with any legal nous able to explain what happens next re the CTV report? Can families sue?

The police can lay criminal charges

Ark Silva
Feb 5, 2012

by Ozmaugh
Well it was never considered a serious earthquake risk before hand. There was no existing fault line. Building standards were a lot more "open to interpretation" If an engineer or Councilor decided it was ok, then it was "ok".

Have you noticed other councils around the country slapping building notices of compliance on them. Basically saying you have x amount of days to improve your buildings earthquake resistance...

Sounds more like the ambulance at the bottom of the cliff scenario.

Ratios and Tendency
Apr 23, 2010

:swoon: MURALI :swoon:


Bank profits are up 25% in the last 6 months.
$3 billion left the NZ economy last year via Australian banks.

:laugh:

edit:
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10784492
http://www.stuff.co.nz/business/industries/6394291/Banks-take-3b-profit-overseas

Ratios and Tendency fucked around with this message at 05:49 on Feb 10, 2012

Mister Panos
Jan 26, 2011

Source for that? So I can lord over my right wing friends?

edogawa rando
Mar 20, 2007

hairypanis posted:

Source for that? So I can lord over my right wing friends?

http://www.radionz.co.nz/news/business/98008/profits-at-big-banks-return-to-pre-crisis-levels

And Gordon Campbell has some words about it.

quote:

The news that the banks in New Zealand have returned to their pre-global recession levels of profit comes as no real surprise. New Zealand banks and their Australian masters have weathered the global financial crisis better than their counterparts elsewhere, and were less responsible than those overseas colleagues for the crisis in the first place. Even so, the scale of current profit-taking is still mind boggling, given that the local communities from which they have been extracted are still suffering so badly

As RNZ reported this morning:
PWC’s latest Banking Perspectives report shows profits at ANZ, ASB, BNZ, Kiwibank and Westpac collectively rose 25% to $2.8 billion. PWC analyst Sam Shuttleworth says the growth is driven by better interest margins as wholesale funding costs have fallen and customers switch from fixed to floating rates. He says there’s been a big shift in the use of floating mortgages and approximately 58% of residential mortgages are now floating, compared to 14% in 2007.

Mr Shuttleworth says interest rates are still comparatively low compared to what people had to pay three, four, five or even 20 years ago He says the eurozone debt crisis could have a major impact on future earnings as funding costs increase, unless banks manage to pass it on to borrowers.


Right. And banks always do manage to pass on the cost of the bad times to borrowers. These flush times for bankers have to be contrasted with the very bad times being experienced in Christchurch – where the city is struggling to meet its $1 billion share of the earthquake rebuild. Put those two sums together: the banks took out $2.8 billion in six months, Christchurch is in deep strife trying to find a little more than a third of that amount, and is being pressured by Earthquake Recovery Minister Gerry Brownlee to sell its assets in order to do it:

Brownlee said the clown remark [ made by him about Christchurch mayor Bob Parker] had been “inappropriate” and he “shouldn’t have done that”.
But he said the “real issue” was how the council would meet its more than $1 billion share of the cost of rebuilding its quake-wrecked city.

“Let me tell you, when the Government is spending $5.5b anywhere, we expect the recipients of that to have some plan for how they will participate in what will be a very, very expensive recovery. And that plan has to be a lot better than ‘we’re just going to put up the rates and we’re going to borrow a lot more money’.” Labour’s Christchurch East MP, Lianne Dalziel, questioned Brownlee in Parliament over suggestions the Government had pressed the council to sell some of its assets. Dalziel suggested there was “a showdown behind the scenes” with the Government putting pressure on the council to raise rates and sell off its assets.


Please. It would be idiotic to force Christchurch to sell its assets to pay for its rebuild, under present conditions. Given the current state of the city, those assets would earn only fire sale returns. Hocking off the city’s assets dirt cheap is yet another version of the destruction of its legacy – and while it may make sense to Brownlee to sell off that legacy to any of his government’s real estate speculator mates who may be waiting in the wings, it would be a betrayal of the people of Christchurch who as Dalziel says, have been through enough: “What they don’t need are backroom deals being done on the future of their city and their city’s assets.”

By raising rates and borrowing, the Christchurch Council is doing the right thing, and all it can do. Government has to do the rest, and if it can’t afford the rebuild from current revenue – or from the offshore insurers, who I thought were footing the bill – it has to garner more bridging revenue in this year’s Budget by raising taxes. For ideological reasons, this government acts as if it has a spending problem – but in reality it has a revenue problem, one that it refuses to address.

It could also ask the banks to come to the party. So far, the banks have done nothing for the community in the wake of the Christchurch earthquakes, beyond deferring when it will take its profits. As accommodation supplements run out, more and more residents of the shattered city are paying mortgages on properties they can’t inhabit, and on business premises they can’t utilise. Where is the leadership from Gerry Brownlee in getting the banks together to broker a deal whereby they offer genuine, enduring relief to the community on such issues? Right now, the banks can plainly afford it.

To return to those banking profit figures. Taking out profits of $2.8 billion inside six months during a climate of recession is simply obscene. Especially when the vast majority of that money will be heading offshore into the coffers of their Australian owners – and this, again, only underlines the stupidity of privatising essential assets 25 years ago. If the BNZ at least, had remained in state hands, New Zealand would be in a far stronger position to help out Christchurch in particular, and to create productive competition in general between the Australian players – who, as a result, dominate our banking system virtually unimpeded. Kiwibank does its best, but is still too small to have much leverage on what is, in effect, an Aussie cartel.

Brownlee and his mates won’t touch the banks. Banking reform? Too hard. Welfare reform? Now, there’s an easy target. And his ‘solution’ for Christchurch is to try and force the city to sell its assets at guaranteed rock bottom prices. What a clown.


http://gordoncampbell.scoop.co.nz/2012/02/10/gordon-campbell-on-banks-and-brownlees-christchurch-sellof/

Beartaco
Apr 10, 2007

by sebmojo
Thanks John, for showing us your policies still won't magically work after 3 years. :waycool:

e: 27 years too much

e2: Not entirely sure where I was going with this post. What I'm saying is that anyone who didn't see this coming is an idiot.

Beartaco fucked around with this message at 06:27 on Feb 10, 2012

Butt Wizard
Nov 3, 2005

It was a pornography store. I was buying pornography.
Makes sense. A lot of Australian institutions have been downgraded or told they need to get their poo poo together. If Labour is serious about the impact stuff like this has in Christchurch, they need to come up with alternative legislation and get it in the Private Member's ballot, instead of trying to scream about asset sales. They're busy trying to tell us that John Key doesn't listen to anyone's objections, and then acting like their objections should change something.

Also, we've needed banking reform for a while, but people need to actually look at how much it costs to buy things in this country compared to overseas. I'm not talking milk or meat emotive bullshit. We pay a substantive price premium for almost everything we import. Our low wages would go a lot further towards better living standards if the price of things in this country were more reasonable. The banking profit situation is just that on a much larger scale. It's like Scorpio says - you can't ignore the little things. But yea, Labour can either keep talking about JOHN KEY'S RICH MATES or they could actually come up with the kind of reform their outrage warrants and challenge National to explain why it's better their way.

Ratios and Tendency
Apr 23, 2010

:swoon: MURALI :swoon:


ClubmanGT posted:

Also, we've needed banking reform for a while, but people need to actually look at how much it costs to buy things in this country compared to overseas. I'm not talking milk or meat emotive bullshit.

Haha, let them eat cake indeed.

Butt Wizard
Nov 3, 2005

It was a pornography store. I was buying pornography.

Ratios and Tendency posted:

Haha, let them eat cake indeed.

poo poo. That sounds pretty bad. OK. I mean that more in the sense that we've heard that so often it seems like almost nationalist stuff that can be easily swatted away. While it's still a huge issue, it's been played out for so long that no one is surprised any more, and there's almost a default expectation for goods to be expensive. You have to find other ways of showing people that New Zealand consumers are being ripped off. Hell, look at the fuss that people made when All Blacks jerseys were put under the spotlight. Even before you take wages into account, we pay stupidly high amounts for consumer goods in this country. Getting people angry about that would go a long way to getting people to think about how much better their standards of living could be, and that's before you even look at wages.

nzspambot
Mar 26, 2010

Ratios and Tendency posted:

Bank profits are up 25% in the last 6 months.
$3 billion left the NZ economy last year via Australian banks.


If people are so upset why are they not moving to NZ banks? We're very good and quick at complaining (cough labour cough) but very very slow to actually do something about it.

Mister Panos
Jan 26, 2011

Cause we're apathetic (at least in practice) to a fault?

Ratios and Tendency
Apr 23, 2010

:swoon: MURALI :swoon:


nzspambot posted:

If people are so upset why are they not moving to NZ banks? We're very good and quick at complaining (cough labour cough) but very very slow to actually do something about it.

Labour actually created Kiwibank. People generally aren't upset because they aren't financial experts and the media is incompetent, and the people who do have a good understanding are busy leveraging that expertise and power into as much personal profit as possible, wider consequences be damned.

Project M.A.M.I.L.
Apr 30, 2007

Older, balder, fatter...

ClubmanGT posted:

New Zealand consumers are being ripped off.

God yeah, but how do we get people to do anything about it? We are somewhat stuck paying what people ask, unless you can get it online. I've been buying books online (unless I can get them second-hand) for years because the prices are ridiculous. There's very little justification for the mark-ups on a lot of things, other than 'because we can and because people will pay it.' I don't know who is responsible, whether it's retailers in NZ or the suppliers who sell stock to the retailers, but it's a bit much for some things.

I'm looking forward to moving back so I can try to get some political action going. If you get enough people together to either boycott or kick-up a fuss in such a way that reputations and bottom-lines are hurt, results can be had. Most people you talk to will agree that prices are too high/laws are too dumb/rates are too much/roads are poo poo/whatever but never do anything more than grumble about it. The media is partly responsible but yeah, Kiwis do seem rather apathetic.

thevision
Mar 8, 2011

Angry Moo Cow posted:

I've done my time overseas, I still have a British drivers licence. I have driven around Europe, US, Aus etc. I have never had an accident, and the Kiwi's I know overseas haven't had any accidents (that they have disclosed to me). I know that accidents in NZ are horrible, but also a bit of this hysteria has been pushed by a large Highway Patrol division of the Police and the APN news media. Especially when the news feed is quiet, there is nothing the NZH loves more than to splash a wrecked car on its front page.

The whole issue is so overblown. I really think that there is so much hyperbole surrounding it mainly because of the lack of anything interesting going on at all. It seems to be the one thing the Police can sort of crack down on, I mean really how much other bad stuff is there in New Zealand that results in death? A few murders a year here and there. Nothing to the likes of organized violence and murder on the scale it is in other countries. It's the PR thing the police can turn to in order to prove their worth, well look we prevented all these driving deaths NZ roads are so dangerous. They should all visit China some time

Butt Wizard
Nov 3, 2005

It was a pornography store. I was buying pornography.

Midget Fist posted:

God yeah, but how do we get people to do anything about it? We are somewhat stuck paying what people ask, unless you can get it online. I've been buying books online (unless I can get them second-hand) for years because the prices are ridiculous. There's very little justification for the mark-ups on a lot of things, other than 'because we can and because people will pay it.' I don't know who is responsible, whether it's retailers in NZ or the suppliers who sell stock to the retailers, but it's a bit much for some things.

I'm looking forward to moving back so I can try to get some political action going. If you get enough people together to either boycott or kick-up a fuss in such a way that reputations and bottom-lines are hurt, results can be had. Most people you talk to will agree that prices are too high/laws are too dumb/rates are too much/roads are poo poo/whatever but never do anything more than grumble about it. The media is partly responsible but yeah, Kiwis do seem rather apathetic.

It's funny you mention books. When Borders failed, everyone went "Yea, that's because books cost almost $40 for a paperback now", so people are aware. Books won't get any cheaper and prices will probably just rise. The difference is that people who like to read or care like you will order from overseas. People who don't care will just stop being books. They'll look at the prices and go '$50 is way too much to spend on a book' and just buy their grandparents something else for their birthdays.

All of a sudden, the few book retailers remaining who think they should be able to set prices have no customers. They know book prices will be about three times what they were a decade ago. They also won't want to blame the fact that them lifting prices is the problem. So, like all retailers threatened when dedicated markets buy from overseas to avoid ridiculous prices and incidental customers are driven off, they'll blame the fact you can get stuff shipped 12,000 miles cheaper than you can buy it here, and they'll petition for GST to be added to all online goods (regardless or not of whether they stock an item or not) so their stupidly high prices can be more competitive.

Sometimes I wonder whether we're just terrible businesspeople (which is potentially a more likely outcome than many would like to think). But even comparing the prices of two equivalent top-end TVs between JB Hifi and then translating for currency and GST differences still yields massive differences in prices. Maybe some people just negotiate lovely contracts to bring stuff in and others sell at that price because they can take a better margin. It becomes like public transport - they could lower prices and have people ditching cars in the tens of thousands, but transport companies aren't interested in getting value over a larger volume. Except when your entire economy is doing it, people have shittier lives and you actually end up damaging the viability of the retail sector. Then again we've never been much for long-term thinking, have we?

Re: local activism - an idea I've toyed with is something showing how much iPods/TV s/books/whatever cost here compared to a cost on Amazon or at Australian retailers or whatever. Kind of like an index that shows just how much more consumer goods cost here to show people where we're up and where we're down. I don't have the know -how but it would be a really effective way to draw attention to how much more we pay for stuff here.

Butt Wizard
Nov 3, 2005

It was a pornography store. I was buying pornography.

Ratios and Tendency posted:

Labour actually created Kiwibank. People generally aren't upset because they aren't financial experts and the media is incompetent, and the people who do have a good understanding are busy leveraging that expertise and power into as much personal profit as possible, wider consequences be damned.

I was always kinda disappointed with Kiwibank. It should really have been the front-end for all government services and payments, Kiwisaver administration and set up to work with the IRD site. I mean yea, it's great that it does mortgages and stuff, but you're basically still operating in the Aussie bank model and not taking advantage of the fact you're the state to provide a better service.

If I were not giving a gently caress about the legality of what I was doing or whinging about Government owning banks, etc, I'd set up a state bank to work on the cradle-to-grave model:

1) As well as paying a newborn bonus to parents, every baby gets a $2,500 or so deposit to be held in trust in a sort of 'Pre-Wi Saver' until they leave high school at a default rate (administered by Superfund, maybe?).

2) When they leave school, they can choose to have the accumulated savings (which should be untaxed) either put towards university fees, or if they don't go into a course, then the amount is transferred (again, tax-free) to a full Kiwisaver account, at which point they can elect which rate/plan/provider they want to invest with.

(You'd need to seriously change the education system and get rid of a lot of the bullshit courses and providers to make this viable, but if you're able to make this kind of a change to the banking sector then that would be easily done).

3) All government payments should be paid into a Kiwibank accounts. This would basically mean everyone needs a basic Kiwibank account, but additional account fees should be independently set ala the RBNZ, with a mechanism that acknowledges the new Kiwibank's importance as a source of competition and all fees should be set to. promote competition. But any Student Allowances, Pensions and Benefits should be paid into an Kiwibank account and nowhere else.

4) You should be able to check your level of fines, student loans, etc against your Kiwibank accounts and be able to move money from one Kiwibank account to another to pay them within the same portal.

5) And then yea, offer mortgages and call rates like they do now.

So yea. If you're going to have a Kiwibank, then go all out and make it really really good - more of a Public Trust bank. It's better to have Kiwibank than not have it, but it's only going to be so effective if all it does is the same stuff Aussie banks do, just with slightly cheaper rates on some stuff and plays the national anthem whenever it gets the chance. Change the game, revolutionise the envelope, maximise the paradigms and so on!

edogawa rando
Mar 20, 2007

Speaking of iPods, I bought mine for $400, after the nice people at ubertec discounted it when they couldn't repair the one I was replacing. I was in Japan last month and they cost half of the discounted price there. There may be regional differences, since I was in Sendai and I wasn't in Tokyo long enough to take a look at the electronics stores there, but there you go. gently caress man, just about everything cost about half of what it does here and they're having trouble with their food suppy.

thevision
Mar 8, 2011

ClubmanGT posted:

It's funny you mention books. When Borders failed, everyone went "Yea, that's because books cost almost $40 for a paperback now", so people are aware. Books won't get any cheaper and prices will probably just rise. The difference is that people who like to read or care like you will order from overseas. People who don't care will just stop being books. They'll look at the prices and go '$50 is way too much to spend on a book' and just buy their grandparents something else for their birthdays.

I don't think I agree with you here. It's not a matter of NZ retailers being stupid and trying to charge what they want just because they can. It's more of an economies of scale problem in conjunction with the high costs of running a business in New Zealand (High rent, ACC levies, high minimum wage, GST). The retailers are forced to chage $40 per book in order to just survive.

thevision fucked around with this message at 10:12 on Feb 10, 2012

Butt Wizard
Nov 3, 2005

It was a pornography store. I was buying pornography.

thevision posted:

I don't think I agree with you here. It's not a matter of NZ retailers being stupid and trying to charge what they want just because they can. It's more of an economies of scale problem in conjunction with the high costs of running a business in New Zealand (High rent, ACC levies, high minimum wage, GST). The retailers are forced to chage $40 per book in order to just survive.

Tell why it's fair that I as a consumer should pay more because I can order something as an individual unit with no economies of scale and ship it here with no economies of scale and get it cheaper than someone who can take advantage of all those things can.

When it comes to books, you're also ignoring the huge number of gently caress-ups they've made through-out the year, most notably things like Flying Pig. It's like Whitcoulls literally saw their own death.

I would be surprised if the price of consumer goods has moved anywhere near in line with the movements of our dollar as well.. A lot of stuff here is more expensive than when the dollar was at 40 cents and the pound was under 30 pence. Some organisations also treat NZ as basically another part of Australia so we leverage some economies of scale off them as well. If you want to argue that the costs of doing business are up, then you might have a point to some extent, but so many things have changed that should have benefited consumers and things have only gotten more expensive.

Another example: Stagecoach bus passes went up dramatically during the 2007/2008 fuel spikes, but never came down again when petrol went crashing back down. Do you think their other operating costs magically ballooned and the revenue from bus passes was magically eaten up at the same rate that petrol decreased? Or do you think it's more likely that everyone's targets just got a whole lot easier to make that year?

Nude Bog Lurker
Jan 2, 2007
Fun Shoe

thevision posted:

I don't think I agree with you here. It's not a matter of NZ retailers being stupid and trying to charge what they want just because they can. It's more of an economies of scale problem in conjunction with the high costs of running a business in New Zealand (High rent, ACC levies, high minimum wage, GST). The retailers are forced to chage $40 per book in order to just survive.

Yeah, but they're not going to survive, because they're lovely loving businessmen who can't manage to outcompete me, personally, having books shipped over one by one despite operating in one of the easiest countries in the world in which to do business.

I wish my Kiwisaver had an option not to invest in New Zealand businesses which complain about "red tape" because they're inevitably colossally poorly run and basically vehicles for senior management to steal from shareholders.

thevision
Mar 8, 2011

ClubmanGT posted:

Tell why it's fair that I as a consumer should pay more because I can order something as an individual unit with no economies of scale and ship it here with no economies of scale and get it cheaper than someone who can take advantage of all those things can.

When it comes to books, you're also ignoring the huge number of gently caress-ups they've made through-out the year, most notably things like Flying Pig. It's like Whitcoulls literally saw their own death.

I would be surprised if the price of consumer goods has moved anywhere near in line with the movements of our dollar as well.. A lot of stuff here is more expensive than when the dollar was at 40 cents and the pound was under 30 pence. Some organisations also treat NZ as basically another part of Australia so we leverage some economies of scale off them as well. If you want to argue that the costs of doing business are up, then you might have a point to some extent, but so many things have changed that should have benefited consumers and things have only gotten more expensive.

Another example: Stagecoach bus passes went up dramatically during the 2007/2008 fuel spikes, but never came down again when petrol went crashing back down. Do you think their other operating costs magically ballooned and the revenue from bus passes was magically eaten up at the same rate that petrol decreased? Or do you think it's more likely that everyone's targets just got a whole lot easier to make that year?

Don't get me wrong it's terrible that we in New Zealand are being charged to the moon for lots of stuff but I think it's not necessarily the fault of the retailer but more about many aspects of the business environment in NZ for the sector. I agree with you on the fact that if it is cheaper on Amazon or whatever it is 100% your responsibility as a rational consumer to buy goods at that cheaper price however, I don't think the over-prices nature of the market is a result of the big "fat-cats" who are sitting in their Auckland offices bathing in the tears of consumers.

A massive problem in the retail sector is to do with rent. New Zealand rental agreements have some of the longest time periods I have ever seen after my experiences in Asia. A retailer will be typically locked in for 5-7 years. This means a large percentage of retail shops will be getting charged pre-recession rents (which were overprices anyway) for post-recession profits which is terrible. This cuts massivly into bottom line. This in conjunction with massive costs to ensure worker safety and the insane amount of free time staff can take off related to work place injuries or holiday time results in massive ineffeciences which cripples many businesses ability to compete on a global stage. It seems the only way a NZ business can be viable these days is to hardcore differentiate which is good and bad.

Of course there are terrible decisions made all the time and outright greed which will occur in a market without huge amount of competition anywhere, you alluding to one or two examples doesn't really prove your point it's just the faults of capitalism itself.

Butt Wizard
Nov 3, 2005

It was a pornography store. I was buying pornography.

thevision posted:

Don't get me wrong it's terrible that we in New Zealand are being charged to the moon for lots of stuff but I think it's not necessarily the fault of the retailer but more about many aspects of the business environment in NZ for the sector.

So why don't retailers attempt to obtain economies of scale by selling more at lower price points?

thevision posted:

I don't think the over-prices nature of the market is a result of the big "fat-cats" who are sitting in their Auckland offices bathing in the tears of consumers.

No, I'd say in the case of Whitcoulls it was the fat-cat private equity groups in Melbourne that seem to have made increasing the price of stuff part of their awesome value-adding capital growth strategy. I would say it's no coincidence that the prices of books and movie tickets in this country rising dramatically has anything to do with Hoyts, Borders and Whitcoulls all having the same owner. Which, incidentally, also used to own Tegel, until they sold it to the equity group that owned Colorado until it got run into the ground and closed.

So we shouldn't blame the retailers, despite the fact a lot of these businesses are being run by people who clearly haven't got a strategy beyond jacking up prices. It's everyone else's fault but theirs, right?

edogawa rando
Mar 20, 2007

thevision posted:

I don't think I agree with you here. It's not a matter of NZ retailers being stupid and trying to charge what they want just because they can. It's more of an economies of scale problem in conjunction with the high costs of running a business in New Zealand (High rent, ACC levies, high minimum wage, GST). The retailers are forced to chage $40 per book in order to just survive.

You know what? gently caress that poo poo. Just gently caress it. When it costs me $20 INCLUDING SHIPPING AND HANDLING to order a copy of James Dickey's To The White Sea off of Amazon and $50 plus shipping and handling to get it through the Borders that used to be in the Albany mall, retailers can go gently caress themselves. poo poo, I like my Batman and I can get 2 or 3 hardcover editions, with shipping and handling included in the total price, for the cost of one paperback edition that's seen better days because people who can't afford to buy them just read them in the store. If that means they go out of business, then boo loving hoo, they kind of deserved it.

edogawa rando fucked around with this message at 11:37 on Feb 10, 2012

Project M.A.M.I.L.
Apr 30, 2007

Older, balder, fatter...

ClubmanGT posted:

Re: local activism - an idea I've toyed with is something showing how much iPods/TV s/books/whatever cost here compared to a cost on Amazon or at Australian retailers or whatever. Kind of like an index that shows just how much more consumer goods cost here to show people where we're up and where we're down. I don't have the know -how but it would be a really effective way to draw attention to how much more we pay for stuff here.
That would probably get people thinking, as it's things like that which are more noticed, especially around christmas time etc. Food prices have a more gradual rise and it's a little easier to be explained away with seasons/shortages etc, also shopping around is a little easier in most places and if you have room and the motivation and a little time/money you can grow some veggies of your own.

About a week ago there was an article in the paper about beer and how much cheaper NZ beer is anywhere else other than NZ. We probably pay higher taxes on them and yeah our staff wages are higher (especially compared to the good ole' USA) but it just doesn't seem right that we are priced out of the goods made in our own country. (I'm more just grumbling now than anything)

Books are a weird one, there should almost be an international index for them and their prices. It seems like there are weird politics with booksellers and publishers which affect who gets what when, and now with online sellers in the mix it makes it even more difficult to figure out. I had no idea about the lease agreements being really long and how it could be making retailers put up the prices, it makes sense though the outcome of raising the prices doesn't actually help. It's like they'll get trapped into a cycle of always having to make a target and the less they sell the higher they charge so the less they sell so...
There was a fuss a little while ago about book prices in Canada. When the Canadian dollar was on par/more than the US dollar, did the book prices change accordingly? Hell no! But I don't think anything came of it, books in Canada stayed a few dollars more expensive than in the US and probably some Canadian equivalent of Sonny Bill had a boxing match and everyone forgot.

Project M.A.M.I.L.
Apr 30, 2007

Older, balder, fatter...

ClubmanGT posted:

I would say it's no coincidence that the prices of books and movie tickets in this country rising dramatically has anything to do with Hoyts, Borders and Whitcoulls all having the same owner. Which, incidentally, also used to own Tegel, until they sold it to the equity group that owned Colorado until it got run into the ground and closed.
:argh: It's like we're too small to operate under a normal business model as we get too many monopolies.

Red_Fred
Oct 21, 2010


Fallen Rib
There really is a problem with pricing in this country. I remember a while back The Rockshop used to have a page on their website bullet pointing reasons you shouldn't buy from overseas. It was total bullshit and cleverly didn't mention their huge markup.

I think a big copout excuse is that we are far away so shipping is expensive. But how does that explain game publishers charging us (and Aus) huge prices for DIGITAL games?

ledge
Jun 10, 2003

Red_Fred posted:

There really is a problem with pricing in this country. I remember a while back The Rockshop used to have a page on their website bullet pointing reasons you shouldn't buy from overseas. It was total bullshit and cleverly didn't mention their huge markup.

I think it did mention that although buying on the internet was cheaper, that you wouldn't be covered for warranties etc. Though that isn't true you just get nailed for shipping to get things fixed.

I had a chat to a guy I knew who worked there at some point and he said that the problem is that the importers are the ones who set the price and have exclusive deals so no one else can import. So the retailers get stuck with crappy pricing and it ends up cheaper getting stuff shipped in yourself.

Another example of this is board games. There is basically one guy (pixelpark.co.nz) who imports all the non Hasbro/Milton-Bradley games (i.e. the good ones) and the retailers here are stuck dealing with him. He has a large markup, but has set it so that the price in stores for games is pretty much the same as buying from overseas and paying shipping (where shipping is usually the same cost as the game itself).

I buy from overseas anyway, because gently caress him.

So to a certain extent it seems to be an issue with the importers and a lack of competition in that area.

door.jar
Mar 17, 2010

ClubmanGT posted:

I was always kinda disappointed with Kiwibank. It should really have been the front-end for all government services and payments, Kiwisaver administration and set up to work with the IRD site. I mean yea, it's great that it does mortgages and stuff, but you're basically still operating in the Aussie bank model and not taking advantage of the fact you're the state to provide a better service.

The Government banks with Westpac meaning that business worth millions a year goes through an Australian owned bank instead of a locally or government owned alternative.

Let's not forget that Westpac was found guilty of charging hidden fees by the Commerce Commission in 2006, and dodging tax (of nearly 1 billion dollars) in 2009.

And guess who got given a cushy job as the head of Westpac Private Bank? Simon Power, Justice Minister of the previous Key government.

Big Bad Beetleborg
Apr 8, 2007

Things may come to those who wait...but only the things left by those who hustle.

door.jar posted:

And guess who got given a cushy job as the head of Westpac Private Bank? Simon Power, Justice Minister of the previous Key government.

Simon Power went in to bat for my grandfather when Ministry of Defense or ACC or whoever didn't want to pay for a new hip (his old one got hosed up by shrapnel from WWII they didn't remove); my grandfather is dead now and Simon Power really is a douche so gently caress him. He got one electorate vote from me out of thanks and that's it.

asdfsdfg
Jan 1, 2006
I was going to have a rage up about Kiwibank and my hatred for the Post Office-branches here, but I see you can do pretty much everything online. I've been banking with ANZ all my life but I'm now going to start the process to move everything into Kiwibank. gently caress 'em.

Coffee Grindr
Jul 4, 2008
Stimulating
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10784735

gently caress this awful poo poo. gently caress Paul Holmes. I'm always so pleased to hear I'm an uneducated baby basher.

The only positive about this article is that I've deleted a bunch of facebook friends who gleefully linked to it.

Why the hell do I ever read anything I'm linked to on NZ Herald?

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Big Bad Beetleborg
Apr 8, 2007

Things may come to those who wait...but only the things left by those who hustle.


They really need an indicator that he is changing topic - I was trying to reconcile breastfeeding with anti-maori sentiment for a wee bit there.

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