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Calling out Gerry and Bernie's Bluff - Myer and Harvey Norman eye off the GST

Harvey Norman and Myer set to ship directly from China via a website - don't like the GST

| Business, Financial & Legal News | Posted: Dec 6, 2010 3:15 am

Kogan Technologies Blog has an interesting piece on the current GST-free retail world that Myer and now Harvey Norman are wishing for. Gerry Harvey has announced he wants to follow in Myer's footsteps by offering a China-based website to sell direct to Australian Shoppers, GST free.

 

TweakTown image news/1/7/17895_381.jpg

 

The blog pulls up some interesting points, but personally I do not see the point - Harvey Norman and Myer need to realise, like any retailer (with myself working in the IT retail sector as well as the super-hero posting TweakTown magician) that retail cannot continuously go up and up and up. It will fall eventually.

 

When customers fall, business will come down - you think of different ways to get customers into your store but shifting your business into an online store and directly exporting from China does not sound like a confident move for any company to do.

 

Give the blog a look, it's an interesting read.

 

NEWS SOURCE
Kogan.com.au

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