Sanitarium cuts weet-bix supply to the warehouse.

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#3136694 29-Sep-2023 19:56

ezbee:

Do they still own a major paint company as well? Somewhere its said they own 23 companies.

I can only find four companies - though that's just the ones I can direct link down from the Australasian Conference Association or New Zealand Conference Association. One of their companies is a trustee, so I'd assume that means there's a trust that could be hiding who knows how many other companies.

jonathan18

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#3136697 29-Sep-2023 20:02

All this talk of supermarket competition is distracting from the key topic: I may be casting a last-minute vote on this but it’s definitely 10 ticks for Vegemite from me; specifically the low-salt version, which is actually pretty close to the original. (As opposed to the gluten-free version - someone in the family accidentally bought that; it’s pretty gross.)

As it happens, we did a taste comparison between Vegemite and Marmite this morning as our Air BnB has it and we’d brought the real stuff with us - I was easily able to tell which was which in a blind tasting, and definitely preferred the former…

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#3136698 29-Sep-2023 20:03

SATTV: Me too, except for Marmite, I have not found a suitable replacement.

$7.20 for 500gms Marmite at paknsave. That had me thinking. Unfortunately it's $8.20 at The Warehouse today apparently.

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#3136699 29-Sep-2023 20:04

Kyanar:
ezbee:

Do they still own a major paint company as well? Somewhere its said they own 23 companies.

I can only find four companies - though that's just the ones I can direct link down from the Australasian Conference Association or New Zealand Conference Association. One of their companies is a trustee, so I'd assume that means there's a trust that could be hiding who knows how many other companies.

Second Google result, then follow your nose.
https://register.charities.govt.nz/CharitiesRegister/ViewCharity?accountId=494b24a9-791c-dd11-99cd-0015c5f3da29

gzt

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#3136701 29-Sep-2023 20:09

jonathan18: As it happens, we did a taste comparison between Vegemite and Marmite this morning as our Air BnB has it and we’d brought the real stuff with us - I was easily able to tell which was which in a blind tasting, and definitely preferred the former…

Vegemite has less sugar. I prefer it. I find I get habituated to either one and reject the other one. A jar used to last me a year. Kids..

jonathan18

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#3136703 29-Sep-2023 20:11

gzt:
jonathan18: As it happens, we did a taste comparison between Vegemite and Marmite this morning as our Air BnB has it and we’d brought the real stuff with us - I was easily able to tell which was which in a blind tasting, and definitely preferred the former…

Vegemite has less sugar. I prefer it. I find I get habituated to either one and reject the other one. A jar used to last me a year. Kids..

Yep, it was the distinct sweetness of Marmite that immediately gave it away. I’m sure you’re right about it being relatively easy to get used to either one - but now I need to watch my salt intake it’s definitely Vegemite for me!

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#3136704 29-Sep-2023 20:24

evilengineer: There's only one true Marmite. And it ain't the one from New Zealand.Real Marmite from the UK,please..

Where do you buy that?

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#3136705 29-Sep-2023 20:29

gzt:
evilengineer: There's only one true Marmite. And it ain't the one from New Zealand.Real Marmite from the UK,please..

Where do you buy that?

From the rubbish bin. It's the devils spread.

ezbee

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#3136707 29-Sep-2023 20:49

It might have been Brethern who seem to have big focus on business.
Though some/many may not be directly able to be registered as charities their donations to chuch etc probably are deducted.
https://www.newshub.co.nz/home/new-zealand/2022/07/former-exclusive-brethren-members-detail-complete-control-massive-buying-power-of-cult-like-church.html

It was a few decades ago and with international companies buying out NZ business may no longer apply.

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#3136715 29-Sep-2023 21:25

Handle9:
mattwnz: But the Government should have done far more than just appoint a grocery commissioner.

What exactly did you want them to do?

The Commerce Commission had a whole lot of recommendations for the government to follow.

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#3136716 29-Sep-2023 21:30

raytaylor:

What I hope is actually going down....

4) Sanitarium doing good for consumers: Something within 1 and 2 is happening where Sanitarium feels they are getting shafted by the supermarkets and decided this was the best path to get the commerce commission involved, bypassing a non-disclosure agreement to get the supermarket terms of trade made public so politicians have some ammunition for the upcoming election.

Was wondering this myself as newly appointed grocery commissioner is ex-Sanitarium ... bureaucrat justifying their role before public service agency cuts.

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#3136717 29-Sep-2023 21:32

I would like to know what benefits the get as a charity, feels like tax avoidance benefitting individuals

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#3136719 29-Sep-2023 21:36

Eitsop:

I would like to know what benefits the get as a charity, feels like tax avoidance benefitting individuals

It just means that profit gets put towards their church rather than benefitting individuals 'income'.

Remember people can care more about $$$ and having more $$$ to put towards your church and what the church wants to archive is a pretty big benefit.

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#3136722 29-Sep-2023 21:52

mattwnz:
Handle9:

What exactly did you want them to do?

The Commerce Commission had a whole lot of recommendations for the government to follow.

12 of the 14 recommendations are implemented or are being implemented.

What specifically should the government be doing that they are not?

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#3136723 29-Sep-2023 22:05

raytaylor:

So I am thinking one of four things would have happened

1) Sanitarium rents shelf space at supermarkets.
This is the model where a food producer can rent shelf space, then pay the supermarket to provide services such as checkout, cash handling, shelf refilling, distribution etc. Some companies rent shelf space and do their own shelf stocking etc or use only some of the supermarket services and then provide their own staff for other services. Sometimes you will see staff from companies like Coca Cola working in the supermarket restocking shelves rather than the supermarket staff.

In this case, sanitarium wont want to leave those shelves empty that they are paying for - and the supermarket will have requirements for shelves to be kept stocked because they advertise their foot traffic walking past the shelf space as a feature to potential tenants.
Anything driving foot traffic away is bad for the supermarket when setting their shelf lease prices.

2) Sanitarium has a supply requirement and potential penalties if they cant supply.
The supermarket is buying product, adding a markup and then selling it - just like how we imagine any standard retailer to operate.
The supermarket may have an agreement in place where they will pay a certain price for the product and Sanitarium is required to keep shelves stocked.

3) No one likes selling to The Warehouse like Mitre10 - just a pain in the ass to deal with as a customer. The supermarket pays more for the product or is easier to deal with and sanitarium can make more money via supermarkets when allocating their limited output.

What I hope is actually going down....

4) Sanitarium doing good for consumers: Something within 1 and 2 is happening where Sanitarium feels they are getting shafted by the supermarkets and decided this was the best path to get the commerce commission involved, bypassing a non-disclosure agreement to get the supermarket terms of trade made public so politicians have some ammunition for the upcoming election.

The question with contractual and even "they're a pain" considerations is of course - is that reasonable?

Plenty of companies love to hide behind "it's in the T&Cs" and "we put it in a contract". That might be true - but it doesn't make it legal nor reasonable. The lawsuits involving Intel paying Dell 'rebates' for not selling computers with AMD processors are still rolling around. Employers get done on a semi-regular basis for contracts paying below minimum wage or illegally stating certain time (e.g. "pre-start meetings") will be unpaid.

So the question is whether offering or signing contracts with such terms is anti-competitive. And whether there's a "gentleman's agreement" that if there are supply shortages, the major players have first dibs and/or compete together for volume.

As for the tax question? I think it should be considered as two separate parts.

Where you collect tax is a zero sum game. If one company/industry/person pays less, everyone else has to pick up the tab. By granting or campaigning for tax exemptions, you're punishing others. When those people are running a prominent, successful business? They're inherently the primary target for reasonable taxation.

Separately, consider separately whether the total tax take, both in dollar terms and as a proportion of GDP or other metrics, should be adjusted.

Any cuts are going to be just that - cuts. Politicians always make promises to cut fat and never really manage to.

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