Aotearoa / New Zealand

We're paying higher prices, specials are confusing and loyalty schemes aren't delivering overly significant rewards.

Those aren't just the musings of a frustrated supermarket shopper - but are some of the findings in the Commerce Commission's first annual grocery report, issued on Wednesday.

Rewards schemes were only giving a return of between 0.71 percent for Flybuys and 0.75 percent for Everyday Rewards.

Between 2007 and 2019, the average weekly spend on grocery food increased 7.3 percent every three years but the latest data showed a leap of 28.9 percent.

The commission's report said supermarkets would point to their own rising costs as the reason for price rises.

But it said margins had continued to grow - all of the major supermarkets had experienced an increase in price-cost margins, which meant that retail prices were increasing faster than the cost of the goods.

The report said supermarkets "continue to achieve higher levels of profitability than we would expect in a workably competitive market".

It was not likely that Costco would be able to expand to the point where it could become a serious third supermarket contender, it said.

The report said the Warehouse could be an option - its network of shops meant it was in a good position to encourage shoppers to split their shopping in many cases - but it had said it had no intention of raising the capital needed to compete.

The "five things" don't work that well as a list, but they are:

• High prices aren't in your head
• Competition is not bringing down margins, or prices
• Other competitors aren't finding it easy
• Innovation, but is it what we want?
• Would fines make a difference?

Police don't even know whose money it is, or where it came from. I think they should be able to keep it.

I've got a laptop and a PC. I've connected my monitors, keyboard, camera, etc to this docking station

This works like a charm from both my laptop as well as my PC. However, switching between the two is annoying as it involves unplugging & plugging in.

Is there a USB switch I can connect the docking station to, and then a cable each to my PC and Desktop? The docking station has host charging, so it charges my laptop, so I guess the USB switch needs to be powered, or not?

I saw this one which has good reviews.

Just after 4pm this afternoon NZ5366 travelling from Christchurch to Wellington landed safely after smoke was seen coming from the engine," Air New Zealand Head of Flight Operations, Hugh Pearce said in a statement.

"The aircraft was met by emergency services and all passengers have disembarked safely.

Pearce later added that the cause remains under investigation.

I'm quite surprised a vessel like this isn't NZ flagged, given it's operating exclusively in NZ waters.

très bien

EDIT: This article was originally from 2015, my mistake in posting it now.

Yes. That's the point.

I don’t agree with throwing money away on a service I am not receiving.

Ah, yes. That argument. She's fine with other people paying for her superannuation though.

Alternative headline: Pensioner Benefits Whole Life from Unsustainably Low Rates

A special fuck you to these kinds of people.

Last weeks thread here

Welcome to this week’s casual kōrero thread!

This post will be pinned in this community so you can always find it, and will stay for about a week until replaced by the next one.

It’s for talking about anything that might not justify a full post. For example:

• Something interesting that happened to you
• Something humourous that happened to you
• Something frustrating that happened to you
• A quick question
• A request for recommendations
• Pictures of your pet
• A picture of a cloud that kind of looks like an elephant
• Anything else, there are no rules (except the rule)

So how’s it going?

A suspected boat burglar has been arrested after jumping into the tide and leading police on a slow-motion chase in the Bay of Islands.

He refused to come ashore, instead rowing towards the ferry ramp then abandoning his dinghy and swimming towards Russell.

Officers, including a police dog, followed him in an inflatable boat.

The police spokesperson said the man had missed his calling: "He should have been a marathon swimmer."

cross-posted from: https://lemmy.zip/post/21173586

Government’s push to fast-track projects in NZ stirs fears deep-sea mining off Taranaki, long opposed by the community, could go ahead

Archived version: https://archive.ph/ovTcB

SpinScore: https://spinscore.io/?url=&url=https://www.theguardian.com/world/article/2024/aug/19/deep-sea-mining-new-zealand-south-taranaki-bight-ocean-seabed-patea-beach-ntwnfb

Home loan borrowers can expect rates to fall throughout the rest of this year and next, commentators say.

The Reserve Bank cut the official cash rate by 25bps to 5.25 percent on Wednesday.

While it was a move that was forecast by several economists, it was a u-turn from the bank's position in May. Infometrics chief executive Brad Olsen described it as a "WTH moment" and "the biggest flip-flop ever".

A major update about the meth lollies, something got lost in translation with the police I think, they seem way too relaxed about class A drugs being out there in the community.

A leading scientist is welcoming the end to a gene technology ban, saying New Zealand has missed opportunities because of outdated rules.

Not long ago, I posted a story about someone's dog eating meth on a walk through Auckland, and now this?

Was this a smuggling operation gone wrong perhaps?

Honestly, the fact they even asked is pretty bad, voluntary or not.

Last weeks thread here

Welcome to this week’s casual kōrero thread!

This post will be pinned in this community so you can always find it, and will stay for about a week until replaced by the next one.

It’s for talking about anything that might not justify a full post. For example:

• Something interesting that happened to you
• Something humourous that happened to you
• Something frustrating that happened to you
• A quick question
• A request for recommendations
• Pictures of your pet
• A picture of a cloud that kind of looks like an elephant
• Anything else, there are no rules (except the rule)

So how’s it going?