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


Retailers Shocked at potential $45million bill

Press Release from NZ Association of Convenience Stores

HEADLINE: Retailers Shocked at potential $45million bill

Media Release - NZACS - For Immediate Release
Tuesday 27 May 2008

Retailers shocked at potential $45million bill

The controversy around the Ministry of Health's Review of Tobacco Displays deepens with the New Zealand Association of Convenience Stores (NZACS) saying costs to change retail shops could reach as high as $45 million dollars.

"New Zealand retailers just cannot afford this sort of unnecessary and unreasonable cost," says the Chairman of the New Zealand Association of Convenience Stores Bryce Taylor.

"Tobacco control groups lobbying for a total retail display ban on tobacco have tried to downplay the issue of potential costs to retailers, but the reality of their proposals is vastly different."

It is very hard to reach a full understanding of the costs and upheaval involved since detailed proposals are yet to be announced by the Ministry. However, any proposals to change the positioning of the tobacco category would require alterations to the layout of retail shops and therefore force retailers to incur significant additional costs to their businesses.

"Proposals to 'put tobacco below the counter' would be extremely expensive for retailers as renovations would be required, particularly with cables and electrical connections under the existing counters" said Mr Taylor.

"Retailers' across New Zealand face ever increasing business costs and we are now faced with a slowing down in the economy. The last thing we need is the imposition of thousands of dollars in costs because anti-tobacco campaigners want more bans on tobacco."

NZACS estimates that the 7,500 retailers selling tobacco around New Zealand could incur over $45 million dollars in expenses if the Ministry of Health pushes ahead with efforts to ban the visibility of tobacco in our shops.

"NZACS believes that instead of forcing ineffective regulation, significant costs on retailers and inconveniencing customers there is an opportunity for the government to provide greater enforcement of current regulations and work with retailers instead of against them" said Mr Taylor.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Water: Farming Leaders Pledge To Help Make Rivers Swimmable

In a first for the country, farming leaders have pledged to work together to help make New Zealand’s rivers swimmable for future generations. More>>


Unintended Consequences: Liquor Change For Grocery Stores On Tobacco Tax

Changes in the law made to enable grocery stores to continue holding liquor licences to sell alcohol despite increases in tobacco taxes will take effect on 15 September 2017. More>>

Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>