Electronic commerce

6 in 10 think people like David Clark are ‘tards

The NZ Herald has surveyed people and they have found that 4 in 10 Kiwis are dumber than a sack of hammers…including Labour’s revenue spokesman David Clark.

Nearly 40 per cent of New Zealanders believe GST should be charged on all purchases made on foreign shopping websites, a survey has shown.

The Government is estimated to miss out on up to $300 million in sales tax each year.

But New Zealand retailers struggling to compete with overseas sellers – whose sales are exempt from GST when they are for less than $400 – will have to wait for any decision on a potential crackdown.

Revenue Minister Todd McClay says the Government wants to see what other countries do first and a discussion document on the issue, due before Christmas, has been delayed until next year.  Read more »

What happened to all the poverty?

After weeks of the mainstream media and opposition politicians telling us we are all poor and should be better off what do we find now?

The Herald takes a break from glum news to report bumper sales in retail.

Eftpos transactions reached record highs today as Kiwi shoppers, filled with “Christmas spirit”, packed out stores around the country.

Just-released Paymark figures show the peak transaction rate for the year – 148 per second, recorded at 12.24pm today – is the highest rate ever and was a significant rise from last year’s peak of 132 transactions per second.

Paymark, which processes about 75 per cent of all electronic transactions in New Zealand, also said spending was up 7.1 per cent annually for December 22 and 23.

Sales numbers had been “massive” all morning today, said Head of Sales and Marketing Paul Whiston.  Read more »

Buy Online or Buy Here…your choice

I need a new water bladder and cleaning  kit for my pack so I thought I’d check it out and see what prices were out there.

Here are my choices:

Trademe – NZ seller, buy online: Cost $69.95 for bladder, $44.95 for cleaning kit, Total cost = $114.90, shipping free

trademe

Trademe2

 

Bivouac – NZ Seller, buy online, Cost $69.90 for bladder, $39.90 for cleaning kit. Total cost = $109.80, plus shipping

Bivouac1 Bivouac2 Read more »

Crowd-scorning an accountant

Heard of crowd sourcing? …yeah..thought so..boring, much more fun is crowd scorning and a perfect example of that happened yesterday.

In this article, Steve Waite, partner at accounting firm BDO, has taken it upon himself to argue that GST should be applied to all online transactions, to level the playing field and to “give our retailers on Main Street a bit more time to adapt to the brave new world confronting them”.

Not surprisingly, the accountant has been treated to concentrated vitriol of a sort previously only applied to district court judges who believe that blogs are devil-spawn and not news media.

A couple of samples, of crowd-scorning in full scowl mode:

I must say that I am disappointed to hear comments like this from a supposed expert.

I am buying online not because it’s tax-free but because some retailers charge ridiculously high prices, and it is their own greed that is causing the problem.

For e.g. USD298 Marc by Marc Jacobs bag (NZD360) is being sold for in excess of NZD700. Why would I pay this much when I can buy online for NZD360 – it’s still going to be NZD414 with 15% tax, much cheaper than what the high-end boutique store on High Street charges me.

Read more »

Not virtually, it is impossible

Maurice Williamson has seen sense and declared that it would be almost impossible to accede to the whacky demands of retailers who are insisting that GST be levied against all online transactions.

Customs Minister Maurice Williamson says it would be virtually impossible to charge GST on items being bought online, an idea currently being explored by government officials.

The Inland Revenue Department and Customs have set up a working group to establish whether 15 per cent GST should be charged on items bought online which cost less than $400. Other countries, including Australian and the United Kingdom, are currently grappling with how to introduce such a system.

It has the support of New Zealand retailers, who say it would create a level playing field with the booming online market, but Williamson could not see how it would work.  Read more »

People are Stupid, Ctd

Mashable

I have a friend who often makes the simple statement “People are Stupid”. THere are none more stupid though than those who post photos of their new credit cards online. These same people will probably feature on the news crying about how they got ripped off by scamster

And now a public service announcement: don’t post photos of your debit or credit cards online. That might sound like an incredibly basic security rule, but it’s one dozens of Twitter users are breaking — and now one handle hopes to hold them to account.

@NeedADebitCardpillages the Twittersphere for unsuspecting users who posted completely legible photos of their credit and debit cards on the web. Its sole purpose: to shame those foolish enough to post Twitpics or Instagrams that contain their credit or debit card information.

“Please quit posting pictures of your debit cards, people,” reads the account’s bio. It has posted 55 pictures and gained more than 2,000 followers since first tweeting on May 25.