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Wednesday, January 5, 2011

Large Retailers Complaining They Are Hard Done By

It has been in the news this week and on talk back radio that the large retailers are suffering because customers are ordering goods on the internet. They have been saying they are 'badly done by' because buying online goods up to $1,000 does not attract the 10% Goods & Services Tax. The savings ordering online are much greater than 10%. Retailers in shopping centres have large overheads so require large profit margins to exist.

When you buy through your local market stall, stallholders in most cases, will sell their goods with small mark up margins, giving you the very best price. The overheads, operating a market stall are considerably less than in a shopping centre. Support your local market.


http://www.smh.com.au/business/retailers-gst-call-backlash-20110104-19f38.html

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