Retailers lifting prices before the carbon tax is implemented?

[whatmeworry]

Has anybody noticed some items at the shops have already risen in price?

Am I being cynical or are some retailers rising prices now and then raising again for the new financial year and blaming then government?

I remember this happened with the GST.

 

[Andyc]

I know of some retailers who have already taken a pretty big hit this year from electricity prices.
And given the year some sectors of retail have had, they certainly haven't been able to pass any of these on.

 

[moa999]

Coles has definitely raised everything to round numbers $2, $3, $5.....

Whereas everything previously used to be $x.99

 

[Mal]

Usual deal. Retailers using any excuse to increase their margins. Gillard and her bunch of misfits aren't helping at all... Time for them to be booted IMHO.

 

[Hvr]

Usual deal. Retailers using any excuse to increase their margins. Gillard and her bunch of misfits aren't helping at all... Time for them to be booted IMHO.

And why do you think moany Tony and his bunch of misfits will be any different?

 

[Mal]

And why do you think moany Tony and his bunch of misfits will be any different?

Can they be worse? Labor hands out money like there's no tomorrow. Liberals tend to conserve it. Time for conservation, not squandering.

 

[oz_mark]

Has anybody noticed some items at the shops have already risen in price?

Am I being cynical or are some retailers rising prices now and then raising again for the new financial year and blaming then government?

I remember this happened with the GST.

Prices drift upwards all the time. You really need to look through the whole supply chain to see what is going on.

 

[whatmeworry]

Can they be worse? Labor hands out money like there's no tomorrow. Liberals tend to conserve it. Time for conservation, not squandering.

Last time I checked Howard and Costello entrenched middle class welfare in Australia with their numerous handouts.

 

[Mal]

Last time I checked Howard and Costello entrenched middle class welfare in Australia with their numerous handouts.

And shonky insulation batts, overpriced school halls, $xx_x for every baby you pop out (I never thought breeding could be a career, but some women are doozies at it!), $xx_x just because you're on the dole, $xx_x because we want you to buy a flat screen tv etc etc weren't all massive wastes of money orchestrated by KDudd and Juliar?

Look at Queensland. Labor hid a MASSIVE debt from the public and squandered billions away on rubbish projects. It would be interesting to see what lies the Federal Govt have been hiding...

 

[eastwest101]

Last time I checked Howard and Costello entrenched middle class welfare in Australia with their numerous handouts.

And have also not been in government since 2007......

 

[777]

Time for conservation, not squandering.

Suggest you get hold of an economic textbook. Times of economic turmoil are exactly when governments should be stimulating the economy.

Happy to indulge an argument that this government has done so wastefully/ stupidly/ with a poor sense of priority/ timing but the several percentage points of GDP stimulated by government stimulus over the last few years is a key reason why Australia has avoided a recession. Assuming international turmoil continues and the opposition gets in and implements the massive (but totally non detailed) spending cuts it is promising watch the wrecking ball effect.

If you think this government is doing badly i'd encourage you to look at any other OECD country for comparison.

 

[Noob]

Can they be worse? Labor hands out money like there's no tomorrow. Liberals tend to conserve it. Time for conservation, not squandering.

Actually, too much conservation in the current economic climate would have an adverse effect on retail and industry...First year economics would tell you that.

Edit: Saw your post 777 - sorry for the duplication.

 

[drron]

Actually, too much conservation in the current economic climate would have an adverse effect on retail and industry...First year economics would tell you that.

Edit: Saw your post 777 - sorry for the duplication.

First year economics at a Keynesian school may very well tell you that but Japan has been stimulating it's economy since 1990 and it still hasn't worked,USA since 2008 and it still hasn't worked,Europe for at least 3 years and it is still getting worse.Time for the schools to revisit theory and maybe even look at the Austrian school model.
And as for our economy being well managed-great if the government were responsible for China's thirst for resources leading to the best terms of trade Australia has ever had.They accuse the Coalition of sqandering the last resources boom even though it was a squib compared to this one.Yet the coalition ran budget surpluses and put $70B aside for the Future fund.This government has run large deficits and put nothing aside for future public service pensions which means the deficit for these pensions has blown out to another $70B even using the budget figures of the Future fund retuning 6% per year on it's funds-not that likely with the risks involved now and Australian government bonds returning 3% a year.

 

[Mal]

Thank god Australia has mining. That has been the only saving grace.

And the two speed economy distorts many figures.



Sent from my GT-I9100 using AustFreqFly

 

[777]

First year economics at a Keynesian school may very well tell you that but Japan has been stimulating it's economy since 1990 and it still hasn't worked,USA since 2008 and it still hasn't worked,Europe for at least 3 years and it is still getting worse.Time for the schools to revisit theory and maybe even look at the Austrian school model.

European stimulus? Do tell...

 

[Alanslegal]

I am soooo over these debates ....... Labor will be booted out, but sadly, we are very misguided if Abbott and Co will solve anything either. He jumps up and down with negativity, looks at Australia at a 'half empty glass' point of view and scares the living daylights out of people. He promises to repeal the Carbon Tax, Mining Tax and a whole range of other things .... but mark this post, 20/06/2012 330pm, that this Carbon Tax will be in existent in two years time, so will be the Mining Tax and a whole range of things. In fact, I have book marked this page, so come 20/06/2014 ... I will quote it once more. Thanks, have a good day, Alan.

 

[drron]

European stimulus? Do tell...

The ECB has been printing Euros.Plenty in the financial press re this.

 

[777]

The ECB has been printing Euros.Plenty in the financial press re this.

We were specifically talking about fiscal policy (i.e. taxing and spending) but nice attempt to change the subject

Eurozone countries are practicing exactly the sort of contractionary fiscal austerity that you and Mal are advocating and how's that working out for them?

 

[JohnK]

Wouldn't surprise me.

So why is the world collapsing in on itself? Money shouldn't be an issue unless someone, somewhere, is making it big time. Right? Stuff economics and all the stupid theoretical models out there. We are in trouble and we shouldn't be.

Usual deal. Retailers using any excuse to increase their margins. Gillard and her bunch of misfits aren't helping at all... Time for them to be booted IMHO.

Totally agree. She has not done a single thing in her time in power and although I am Labour at heart it is time for new blood.

Give Abbott a go. Can't be worse that what we have now and hopefully may introduce some sense and reduce some the stupid carbon tax but that is not likely to happen. Once it is in, it is in....

 

[drron]

We were specifically talking about fiscal policy (i.e. taxing and spending) but nice attempt to change the subject

Eurozone countries are practicing exactly the sort of contractionary fiscal austerity that you and Mal are advocating and how's that working out for them?

Europe is talking austerity whilst increasing spending and money supply-not real austerity.Go and look at Germany's budget figures.
You have conveniently ignored the Japanese experience-22 years of stimulus and still no end in sight.And the USA is hardly a role model for stimulus.
The problem is that spending by governments has been excessive for several decades encouraging consumption.I doubt that hair of the dog is great for countries economies.
By the way I actually dont support the European so called austerity problems.I think the best thing for Greece to do is default on the debt.have a really bad couple of years and then resume real growth as Iceland has done.Problem is no politician is willing to admit they can get things wrong.
And I dont think TA is going to be able to come up with solutions either because we are at the mercy of the rest of the world's economies.China can keep growing rapidly and Australia end up crashing anyway as if China's future growth is because of increased consumer spending in china that will not require the iron ore etc that their present growth requires.If the price of iron ore and coal drops to long term values nothing Wayne Swan or Joe Hockey can do will prevent a recession here.We need to prepare for it.