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frankthetank
Joined: Jan 28, 2008
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From: Christchurch, New Zealand
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Rumour has it that most consumer appliances and electronics will be getting a LARGE price hike after Christmas
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Muhammad-Oli
Joined: Jun 13, 2004
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From: The NZ of L
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Really? Damn that's gonna suck. I was going to buy a nice big TV after Christmas...
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yea g
Joined: Jul 02, 2008
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From: New Zealand
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Yea probably cause of the economy. Stupid economy, we were just fine until they decided to screw it.
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carkitter
Joined: Apr 29, 2005
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From: Auckland, NZ
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Quote:
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On 2008-12-08 23:04:04, frankthetank wrote:
Rumour has it that most consumer appliances and electronics will be getting a LARGE price hike after Christmas
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I can't see that happening at all. Prices will stay low otherwise demand will dry up. Lower cost of petrol coupled with tax cuts will put more money in peoples pockets and retailers will want a big slice of it. International prices have dropped to stimulate sales: I recieved a pamphlet in the letterbox recently listing very sharp new RRP prices on Sony NZ goods such as Vaio, videocameras and digicams. |
frankthetank
Joined: Jan 28, 2008
Posts: 159
From: Christchurch, New Zealand
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Prices are low to attract buyers, not because design manufacturing or material costs are low.
Manufacturers and suppliers cannot continue to hold prices down, especially with the flow on effect from economic recession hitting them hard with their own overheads.
The fact that you can buy a new Ford for $20,000 or less does not mean that Ford Motor Corporation is not in need of a massive bail out package to keep afloat, if you get my drift...
In the end the consumer has to pay for the loans required for the manufacturers to be able to manufacture and sell goods to break even or make a profit there is no avoiding that simple fact.
I also suspect that we may see a turn away from the disposable electronics industry and a return to the service industry
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[ This Message was edited by: frankthetank on 2008-12-09 06:17 ] |
carkitter
Joined: Apr 29, 2005
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From: Auckland, NZ
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Sorry, but I can't agree with any of those statements. We don't manufacture consumer electronics in NZ so our issues have little relevance to manufacturers. You'd be shocked to know the cost price of electronic goods; aftermarket brand BT headsets cost wholesalers $1.00...
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frankthetank
Joined: Jan 28, 2008
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From: Christchurch, New Zealand
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The manufacturing sector as a whole is what is being hit by the financial crisis. The fact that the source of our consumer products is overseas suppliers only proves me right I'm sorry, as those markets are most influenced by the state of the major world economies!
I work in the Air Conditioning and Refrigeration Engineering sector and I can guarantee that the prices of those products alone are set to increase 5% per month in the new year to an overall increase of approximately 25%, while the ripples of economic recession will be making waves in other sectors for much longer.
The fact that most consumer electronics are made in Asian countries also suggests that when everyone has turned to them to manufacture because of the perceived economic advantages, they will dictate the price at which they are sold back to the western world, and the associated cost of materials (Just look at oil prices until recently as a best example), especially when the value of their currencies are directly linked to the value of the Greenback and the Euro.
People are actually cottoning on to the fact that continually producing new products in an "upgrade and dispose of the old" cycle is detrimental to economies and the environment; you will find that this is already bringing about a paradigm shift.
Hopefully the idiot accountants who have been running the world for so long on imaginary money realise soon that they have made a hash of it.
Gosh what a rant, apologies all...
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[ This Message was edited by: frankthetank on 2008-12-09 11:34 ] |
Muhammad-Oli
Joined: Jun 13, 2004
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From: The NZ of L
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This article somewhat supports frankthetank here, even though it really only states that Europe will see price hikes. I would tend to assume we'd see the effects of rising European prices here though.
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yea g
Joined: Jul 02, 2008
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If people think its bad now, they should wait till after xmas. I'm sure alot more cuts will be announced after 2008 finishes.
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yea g
Joined: Jul 02, 2008
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I heard them advertising telecoms new "faster" network on the radio. I wonder if anyone actually realises that it will just be the same as vodafones.
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carkitter
Joined: Apr 29, 2005
Posts: > 500
From: Auckland, NZ
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unfortuneatly Telecom have gone out of their way to make the new network as different and non-compatible with Vodafone as possible.
I've just come to the end of my jury service obligations for this year. Deciding on allegations of assault on a child certainly puts life into perspective. I'm taking today off to come to terms with the experience. I'll do it again and will certainly recommend every NZer do their part. |
frankthetank
Joined: Jan 28, 2008
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From: Christchurch, New Zealand
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I guess you can't talk about it really, but being a parent certainly changes the point of view! And giving a child a clip round the ear for trying to run out on the road is deemed as assault these days so that kind of throws a lot of opinion into the mix...
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frankthetank
Joined: Jan 28, 2008
Posts: 159
From: Christchurch, New Zealand
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In other news...
I got a new new toy today so the K850i may be taking it easy for a while...
Would you believe only $1017 for a twin lens kit and a 4GB SDHC card, and a free bag via redemption from Canon. I couldn't talk myself out of it lol!
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[ This Message was edited by: frankthetank on 2008-12-11 06:35 ] |
carkitter
Joined: Apr 29, 2005
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From: Auckland, NZ
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Actually, because the alledged incidents took place before the legislation changed, section 59 was a defence for reasonable application of force for the purpose of correction.
The harrowing part was finding out the background of the accused on Google after the case was over. All I'll say is that I feel justified with my final decisions but the jurors who criticized me may not sleep well. |
Muhammad-Oli
Joined: Jun 13, 2004
Posts: > 500
From: The NZ of L
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On 2008-12-11 01:43:00, carkitter wrote:
unfortuneatly Telecom have gone out of their way to make the new network as different and non-compatible with Vodafone as possible.
I've just come to the end of my jury service obligations for this year. Deciding on allegations of assault on a child certainly puts life into perspective. I'm taking today off to come to terms with the experience. I'll do it again and will certainly recommend every NZer do their part.
Funny that you mention jury duty. I had to do it in January of this year, but I was never picked to be on the jury. I almost was picked on a minor assault case, but then they didn't draw my name once we were in the courtroom and so I went home. It was still a good experience to see how it all works. Dodgy looking people everywhere in the court buildings though!
Then I got a letter asking me to do it again only about a month back, but because I had already done it within the last two years, I was able to get out of it. I would have done it if the pay rate wasn't so low but I earn more on my crappy minimum wage job at Timezone, and so I pulled out. I really need to save for next year, so money is more important to me right now.
What I don't really get is why they sent another jury summons to me when I had done it so recently. I mean, I know heaps of people that have never been summoned at all.
@frankthetank: Nice camera! Must have set you back a bit! My parents bought a 40D (I think) a few months back that I've had a bit of a play on. Really great cameras, them Canons.
[ This Message was edited by: Muhammad-Oli on 2008-12-11 06:38 ] |
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Posted: 2008-12-08 23:04
