Online subscriptions to The Economist cost twice as much in NZ as the US. Why?
thespinoff.co.nz
thespinoff.co.nz
Tax is not enough to account for it. Our sales tax is 15%, so twice California, but we are paying well in excess of the difference and we did before the govt. started levying tax on overseas online sales.
Higher costs due to tax rates and/or cost to comply with New Zealand regulations spread over a relatively small subscriber base.
Small New Zealand subscriber base and New Zealand not being a main target market for The Economist means New Zealand subscribers do not generate as much additional advertising income as those in the US. This is offset by increased subscription rates.
This hypothesis doesn't explain why it's expensive in New Zealand though ...
Just came to Fiji few days ago and it’s a wake up call for all the “ow NZ is so remote so everything should cost a lot”.
Mobile data in Fiji is whopping 10x cheaper. Nappies 20x cheaper. Supervised RAT test - 6x cheaper.
Always wanted to live on a tropical island. Ridiculous that it might be more feasible than NZ.
Most small Pacific Islands, for good reason, ban non-citizens from buying land.
In line with the article: "A Big Mac costs 20.9% less in New Zealand (US$4.60) than in the United States (US$5.81) at market exchange rates. Based on differences in GDP per person, a Big Mac should cost 15.5% less. This suggests the dollar is 6.3% undervalued"