Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Now you see it, now you don't

31 May 2004

“Now you see it, now you don’t,” says Hospitality Association as prices are about to rise.

Drinkers are about to be hit again with a price hike due to tax inspired price increases, and the Government could and should have backed off this time round, says the Hospitality Association of New Zealand.

“We implored the Minister of Finance [Dr Michael Cullen] not to hit our patrons with an increase. “The Holidays Act legislation will drive prices up and the effects of the smoke free legislation won’t be known until late this year, but it’s expected to have some sort of negative impact,” says Hospitality Association chief executive, Bruce Robertson.

Regrettably, our plea went unheeded,” he said.

“It’s all very well for Dr Cullen to act benevolently with his budget, but less than a week later he’s taking some of it back with the increases the manufacturers will have to apply and our members will have to pass on to the consumer,” says Bruce Robertson.

“For some beneficiaries the largesse in the budget will be eroded before they receive it. “It’s unnecessary and inflationary at a time when the industry needs tax cuts rather than tax hikes,” Bruce Robertson said.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>

ALSO:

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

CO2 And Water: Fonterra (And Dairy NZ)'s Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO: