rb99:

 

Call me cynical but it sounds like there won't be much leveling of the playing fields with this online gst thing

 

- https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12070643

 

"I don't foresee there is going to be a huge spike in prices but what I do think is that local retailers are going to start to make up some of the margins they've been losing over the last couple of years due to GST loophole." Florkowski said.

 

"By retailers starting to increase some of these prices, I think it's going to be part and parcel of the level playing field because the online GST loop has been closed so they won't be competing purely in price just to be within the market."

 

online is going up so retail has to go up as well.

 

If they do that then they just put back price advantage online has. If the price variance narrows, its more sales for them at todays prices. But yes, some may up the price if they prefer higher margins and lower sales volume