Retailers preparing for GST increase

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Fri, 21 May 2010 5:00p.m.

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The Retailers Association says some GST inclusive prices will see a 2.2 percent rise across the board.
The Retailers Association says some GST inclusive prices will see a 2.2 percent rise across the board.

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Comments

18 Jul 2010 09:32p.m.

Mark wrote:

But we are all getting tax cuts so overall every household is slightly better off.

02 Jun 2010 02:23p.m.

martin Phillips wrote:

The GST increase should only targe luxury items that we don't really need. We need basic food items and increasing these prices will make lives harder for people who all ready have trouble making a living.

22 May 2010 03:08p.m.

Dave Hawkins wrote:

Comments from Bill English that retailers will hold off the GST increases don't in my view hold water, sure some will hold off but the staples like food and fuel will be increased and the ones that hold off will be more than balanced out by the retailers who increase over the rate using the increase to justify higher prices to catch up on already squeezed margins.