Consumer technology news from the future
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NZ Government clamps down on GST for overseas goods retailers
From October 1, 2019, overseas websites selling into the New Zealand market will have to register for GST, just like any Kiwi company.
The Amazon effect: Kiwi retailers spooked by commerce giants
“Domestic retailers have to pay GST and overseas retailers don’t, so there is effectively a cost disadvantage for local businesses.”
Bricks and mortar still king, according to new study
“Ecommerce is a ‘complement, not a replacement’ to the traditional bricks and mortar store.”
Government moves on GST threshold to help Kiwi retailers
"The current loophole hurts Kiwi businesses and is costing Kiwi jobs, and at the same time fundamentally undermining the integrity of the GST system."