By Emma Brannam
GST rises to 15 percent next Friday, October 1.
This weekend is the last that shoppers will have to make any savings.
But unless you’re buying major goods, is it really worth it?
Those in the market for a new car would be wises to get it now – most cars will cost hundreds more from next Friday.
Some car yards have been trying to boost sales with “beat the GST” campaigns.
“We’ve noticed an increase in some selected models, but overall we’re probably a wee bit disappointed with the total volume of sales that have come through in the last couple of months,” says KIA Motors spokesman Todd McDonald.
When confirmed, back in May, the GST hike caused quite a stir. But a week out, many shoppers don’t seem bothered.
Since the recession, shoppers have cut down on spending – so the heats on retailers to absorb the GST increase wherever possible.
“We’ve worked hard to keep a number of products the same prices,” says Noel Leeming Group chief executive John Journee.
Shops like Briscoes and Rebel Sport are showing customers which items will increase.
“I think there were a fair few stories about retailers using it as an opportunity to hike prices,” says Briscoes and Rebel Sport COO Peter Burlin.
“With the two prices they can clearly see what it’s going to be and with the two prices is just a GST change.”
Many shoppers may not feel it’s worth rushing to the stores, especially if they’re only after the smaller items. But there are savings to be made.
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