Retail NZ demands changes following September election

  • News
  • May 2, 2017
Retail NZ demands changes following September election

In a statement issued Monday, Retail NZ has published its hopes for the future of New Zealand’s growing retail trade approaching the 2017 September election. 

The policy statement which was published yesterday includes lower income taxes, greater controls on council rates, a review of GST and more national consistency in regulation as part of the wish list.

The retail sector is one of the highest growing. Stats NZ Retail Trade Survey says 10 out of 15 industries had higher sales volume for the December 2016 quarter, compared with the September 2016 quarter.

The New Zealand retail trade employs more than 209,000 people and has a turnover of 83 billion. Greg Harford, Retail NZ’s general manager – public affairs, says the retail sector is a huge contributor to the economy.

“Retail firms and jobs in the sector are under pressure, and the new Government will be in a position to help support consumer spending, and make it easier for retailers to do business."

Their policy is calling for the new government and political parties to commit to a number of actions which includes, “affecting tax cuts through threshold adjustments and greater controls over local council rates.”

Harford says that to government’s decision to include tax cuts means less money will be leaving people’s pockets allowing consumers to make their own spending decisions.

“In the long-term, as the world becomes increasingly globalised, it's not sustainable to have a tax system that isn't equally enforced across all players in the market.”

Retail NZ also touches upon fixing the ‘de minimus loophole’ that allows foreign firms to sell good online to New Zealanders without paying GST.

“The Government is currently missing out on $235 million in tax revenue due to this loophole, which equates to 1.9 per cent of GST from retail sales,” says Harford. “If the Government is unwilling or unable to follow the Australian lead and deal with this issue, then the time has come for a fundamental review of GST.”

Retail NZ’s full wish list includes the following:

1)    Income taxes and council rates: Lower personal income tax rates via threshold adjustments to allow Kiwis to spend more of their own money. Introduce greater control over local government rates hikes.

2)    GST: Require foreign firms selling physical goods to Kiwis to be registered for GST; OR establish a Commission to consider alternative taxes to replace GST.

3)    Retail payment systems: Increase the transparency and oversight of merchant service fees.

4)    Retail crime: Establish a Retail Crime Taskforce within the Police and set specific targets for retail crime reduction. Launch a social change programme to educate New Zealanders that crime is not acceptable. Introduce an infringement style ticket for small scale theft.

5)    Local Government: Adopt a national approach on national issues such as trading hours, the sale of alcohol, waste minimisation. Encourage councils to adopt generic rules wherever possible.

6)    Sustainability: If the new Government wants to regulate the issuance of plastic bags, it needs to be at a national level and apply to all retailers.

Read Retail NZ’s full statement here.

​ ​

This is a community discussion forum. Comment is free but please respect our rules:

  1. Don’t be abusive or use sweary type words
  2. Don’t break the law: libel, slander and defamatory comments are forbidden
  3. Don’t resort to name-calling, mean-spiritedness, or slagging off
  4. Don’t pretend to be someone else.

If we find you doing these things, your comments will be edited without recourse and you may be asked to go away and reconsider your actions.
We respect the right to free speech and anonymous comments. Don’t abuse the privilege.


Regional rollercoaster: Selling to the Kardashians from Matiere

  • News
  • April 24, 2019
  • Rachel Helyer Donaldson
Regional rollercoaster: Selling to the Kardashians from Matiere

In the final article from NZ Retail magazine's nine-part series on regional retail, we're sharing the amazing story of how SME retailer Solvej Swings got its product into the home of one of the world's most influential consumers.

Read more

Regional rollercoaster: Arrowtown

  • News
  • April 24, 2019
  • Rachel Helyer Donaldson
Regional rollercoaster: Arrowtown

We're examining seven regional towns as part of a wider series. This time, it's Arrowtown under the microscope.

Read more

Regional rollercoaster: Greymouth

  • News
  • April 24, 2019
  • Rachel Helyer Donaldson
Regional rollercoaster: Greymouth

How are retailers in Greymouth adapting to our dynamic business environment? As part of a nine-part series, we took a look.

Read more

Social scoreboard

Zavy and The Register have worked together to create a scoreboard that compares how the top 25 traditional media advertising spenders in New Zealand have performed on social media over the past 30 days, updated in real time.

Regional rollercoaster
What does retail look like in 2019 for ...
Concept to closet
Business coverage of New Zealand Fashion Week.
Town centres
A positive retail environment over the past 12 ...
Amazon Arrival
Keeping up with all things Amazon as it ...
The Retail Yearbook 2017
As we battle our way through the busiest ...
Hospitality enhancing retail
Some think food and integrated hospitality offerings will ...
The future is bright
We spoke with four retailers in their twenties ...
Spotlight on signage
At first glance, the humble in-store sign might ...
Red Awards 2016
The Red Awards for retail interior design celebrate ...
Auckland Unitary Plan
Auckland is changing. The Unitary Plan will decide ...
How to open a store
Sarah Dunn considers what it would take to ...
All things to all people
Kiwi retailers share their omnichannel strategies.
Rising stars
Retail's top young achievers.
Delivering on your promises
The sale isn't over until your item is ...
Retail in heartland New Zealand
Retailers keep the regions pumping, but how strong ...
Women in retail help one another. We spoke ...
The changing face of retail
Shifting demographics are creating big changes in New ...
The retail yearbook
With the help of experts in the retail ...
Retail rogues
We put the spotlight on staff training. Jai ...
Here come the giants
Topshop has arrived in Auckland’s CBD, David Jones ...
From retail to e-tail
Ecommerce has become part of the way mainstream ...
Window shopping: A spotlight on social media
Sarah Dunn and Elly Strang look at how ...
Loyalty in the digital age
How are retailers maintaining loyalty? Sarah Dunn, Elly ...
The Innovators | In partnership with Spark Business
Technology is rapidly changing the retail industry as ...

Regional rollercoaster: Kaikoura

  • News
  • April 24, 2019
  • Rachel Helyer Donaldson
Regional rollercoaster: Kaikoura

As part of a series on regional retail, we examined seven towns to learn what makes some thrive and some dive. This article focuses on Kaikoura.

Read more

Regional rollercoaster: Bulls

  • News
  • April 23, 2019
  • Rachel Helyer Donaldson
Regional rollercoaster: Bulls

What does retail look like in 2019 for retailers in Bulls? We examined this regional centre as part of a wider series.

Read more

Regional rollercoaster: New Plymouth

  • News
  • April 23, 2019
  • Rachel Helyer Donaldson
Regional rollercoaster: New Plymouth

Why are some Kiwi retailers struggling in New Zealand's regions and some thriving? We put seven regional centres under the microscope to find out. This time, we're looking at New Plymouth.

Read more
Next page
Results for
About us.

The Register provides essential industry news and intelligence, updated daily. And the digital newsletter delivers the latest news to your inbox twice a week — for free!

©2009–2015 Tangible Media. All rights reserved.
Use of this site constitutes acceptance of our Privacy policy.

The Register

Content marketing/advertising? Email or call 022 639 3004

View Media Kit