The article states that retailers are trying to close the loophole where the government reduces the $400 threshold for overseas purchases that we get shipped.
Basically, a lot of people have been purchasing things from overseas and using services such as youshop to get it shipped to nzl. If the purchase is less than $400 nzd, we dont get charged GST in customs. Now I feel that this is good enough - if anything, i feel the threshold should be higher since it can give the local retailers more of a competition to lower their prices for the consumer.
But the retailers are trying to close this loophole which will hurt the end consumers - quite a bit for the tech savvy people i reckon.
Any thoughts anyone would like to share?