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Alcohol price hikes hurt small business - HNZ

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Tue, 21 Feb 2012 4:32a.m.

HNZ president Adam Cunningham says small businesses feel they need to absorb cost increases

HNZ president Adam Cunningham says small businesses feel they need to absorb cost increases

Hospitality New Zealand (HNZ) says price hikes from large breweries are directly impacting on the profitability of small businesses.

Both DB and Lion have recently decided to increase prices for most of their alcohol products from early March.

HNZ president Adam Cunningham says small businesses feel they need to absorb the cost increases to ensure customer loyalty, which causes them to suffer financially.

He says the industry has had “a guts full” of losses brought on by “price increases that we don’t initiate, don’t like and are unable to control”.

“The public just needs to be aware that the cost increase on any product to an operator must be passed on,” he says.

Mr Cunningham says many businesses are struggling, and unless they pass the increased costs on to customers there will be fewer licensed premises available to drink in.

“People… will flock to local supermarkets where they can buy well-advertised cartons of cheap liquor,” he says.

“They drink at home, in flats and in uncontrolled environments before heading into town.

“The public suffers while those of our members who are still in business clean up the mess, and large brewery shareholders are far, far away.”

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Comments

21 Feb 2012 01:09p.m.

Erm... wrote:

There is a direct correlation between alcohol prices and under-age drinking. Hike the prices way up, I say. Might leave the hospitals emptier on a Saturday night.

21 Feb 2012 06:49a.m.

kane wrote:

Hurts the average kiwi to... Another reason to stay at home and drink lets face it 1% of drinkers are "bad drinkers" They are still going to be "bad drinkers" no matter how much the rest of us pay for alcohol...