How much of our domestic inflation is caused by exporters imposing export prices onto the domestic market? That $20/kg price for Tasty cheese for example.
Sell on the local market at cost-plus, and grab the best price you can get by exporting what isn't sold in NZ.
Although that isn't the done thing because it is not providing the highest return to shareholders.
How much of our domestic inflation is caused by exporters imposing export prices onto the domestic market? That $20/kg price for Tasty cheese for example.
Sell on the local market at cost-plus, and grab the best price you can get by exporting what isn't sold in NZ.
Although that isn't the done thing because it is not providing the highest return to shareholders.
Thanks Steve. I agree the international food and fuel prices are a factor the RBNZ can't be blamed for. And at the moment I can't find an easy way to measure the margin expansion. The Commerce Commission are having a crack with their market studies of building materials, fuel and supermarkets. We'll see.
How much of our domestic inflation is caused by exporters imposing export prices onto the domestic market? That $20/kg price for Tasty cheese for example.
Sell on the local market at cost-plus, and grab the best price you can get by exporting what isn't sold in NZ.
Although that isn't the done thing because it is not providing the highest return to shareholders.
Thanks Steve. I agree the international food and fuel prices are a factor the RBNZ can't be blamed for. And at the moment I can't find an easy way to measure the margin expansion. The Commerce Commission are having a crack with their market studies of building materials, fuel and supermarkets. We'll see.