GST goes up tomorrow...

kellie wrote: Babykatnz wrote: Maybe its only the online ones I get that state it, but all countdown/foodtown/woolworths stores are keeping their advertised specials as is til Sunday Feel sorry for whoever manages the computer programmes if SOME stuff stays at old price til midnight Sunday, and the rest changes overnight tonight Thats weird. I was in foodtown today and they said they were opening at 10 tomorrow since they had to reprice.

same here...hope it wasn't the same one as my kids were playing up, lol

kellie wrote: jazzy wrote: kellie wrote: Babykatnz wrote: Maybe its only the online ones I get that state it, but all countdown/foodtown/woolworths stores are keeping their advertised specials as is til Sunday Feel sorry for whoever manages the computer programmes if SOME stuff stays at old price til midnight Sunday, and the rest changes overnight tonight Thats weird. I was in foodtown today and they said they were opening at 10 tomorrow since they had to reprice. same here...hope it wasn't the same one as my kids were playing up, lol lol. I was at the Te atatu one.

sigh of relief....Onehunga ha ha....was totally stressed although they are being little angels now...

our store is not open till after 10am due to GST changes..

ETA. maybe it is online that the prices don't change.

Edited by jazzy

That just sounds like the prices of the advertised specials won't go up, not all prices.

so is the $2 Shop going to be the $2.10 shop?


good reminder about the petrol - will fill up tonight

Susiec wrote: so is the $2 Shop going to be the $2.10 shop?

ha ha...the $2.10 shop

Babykatnz wrote: It would be like laybying when its on special, you're putting it on layby for what it cost at the time of putting it on layby, not what its going to cost once you've finished paying it off?

I think so. Not that you save that much for smaller items.

LittleMiss wrote: This GST increase has been a pain in the bum at my work! It cost us half a million dollars dollars to change and upgrade our billing system. Yep we put prices up on some things, and lowered them on others. Yuss on my BB plan now giving me 40GB instead of 20GB and costing $10 less!!

wow that's a huge amount..guess for awhile a lot will be missing out. We wont see any increases in out pay pack till a fortnight so really no better off when it starts so not what they were saying.

DH still not home so can't go to the toy shop now...boo hoo...just want to shop..oh well in the weekend @15% not that much extra

In terms of buying toys/groceries/day to day etc, it really isn't going to make much difference to any family that earns a taxable income. You will be better off. As quoted in a pp the actual difference to the consumer will be 2.2 percent, so $2.22 per hundred dollars spent - not really worth it going nuts in the supermarket etc before tomorrow IMO.

For our family, after mortgage payment our cash in hand per week is slightly under 500 per week, meaning if we spent every single cent each week we would be paying an extra $11.10 in GST, but given the deductions in PAYE we will actually be approx $19 a week better off. Benefits are being adjusted to reflect the 2.2% change so no-one should be worse off.

Of course that is just taking into account that GST and PAYE changes, other very unscrupulous companies will use it as a chance to bump up prices. For example a 50cent stamp would become 51.1 cents with the new GST, so in theory they should be 51 or 52 cents from tomorrow. But NZ Post has taken the chance to bump the price to 60 cents (claiming all sorts of rubbishy reasons for doing so)