Can a regulator really monitor a GST cut?

Can a regulator really monitor a GST cut?
Monitoring GST-free fresh fruit prices is not straightforward. (Image: NZME)
Pattrick Smellie
Tax purists are losing their minds over the impurity of the Labour party’s promise to remove GST from fresh and frozen fruit and vegetables.Among the various valid complaints that the average shopper couldn’t care less about is that the exemption will add cost and complexity to every food and grocery business because charging differently for different items is a make-work scheme for retailers.However, such costs will almost certainly be recoverable. No matter how confident the finance minister, Grant Robertson, claims to be about be...

More Retail

SME revolt slashes targeted council rate by 60%
Retail

SME revolt slashes targeted council rate by 60%

An Auckland SME protest vote has overturned a local rates rise in Onehunga.

Garth Bray 29 May 2025
Warehouse CFO to take top job
Retail

Warehouse CFO to take top job

The next CEO, Mark Stirton, joined the group in April last year.

Gregor Thompson 28 May 2025
New World supermarket first retailer to buy at Drury
Retail

New World supermarket first retailer to buy at Drury

Property developer also welcomes 20% asset deduction Budget sweetener.

Maria Slade 26 May 2025
Downturn dims luxury's lustre
Retail

Downturn dims luxury's lustre

Louis Vuitton NZ's revenue dropped 10.7% to $82.2 million year on year.

Gregor Thompson 26 May 2025