Honing In On Supermarkets
During the last two years or so of the pandemic in NZ, the big winners commercially were supermarkets and banks.
Whilst business in general took a big hit and in many cases - a dive - supermarkets and banks thrived.
All this whilst the Government had to find huge loans and spend money earmarked for other projects and promises to help Kiwis get through the crisis.
So while I loathe banks I(mainly Australian) making so much dough and charging customers unnecessarily more than should be the case, I don't begrudge supermarkets in NZ profiting annually by a handsome amount. And yet I do say the line must be drawn on the approx 500 million annually the two supermarket franchises have made whilst some in NZ have been scrimping and failing to gather in enough money to buy groceries weekly and the Government is blamed for the rising cost of living and the rising inflation rate well past the hitherto three percent max per annum.
So the steps the Government are taking are the right ones and hopefully will further pave the way for additional competition from at least another supermarket player.
Supermarkets in NZ were given big wraps by people here on Neighbourly during the pandemic for being so stoic but did they really deserve all the praise? They didn't pay their staff extra for the extra dangers they faced and they made more profit than normal as people staying at home bought more products sold at supermarkets.
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
-
59.4% Yes, supporting people is important!
-
26.3% No, individuals should take responsibility
-
14.3% ... It is complicated
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
Make a hearty dish. Take just half a minute. Add four parts of kestrel. Then just add one. What have you made?
(Trev from Silverdale kindly provided this head-scratcher ... thanks, Trev!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.
Storm damage and garden clean ups
Strorm
Damage if you need a tree removed
Call us on 0272430951
And we can help
Loading…
