Hey thanks snag...yes, looking at it in all reality, i believe we have a GST rise coming. Unfortunately with resellers, this also always means an opportunity to raise profits & hide them under the guise of GST/Tax rise...
In the long run, i believe most of these profiteering grabs are usually tapered back down to the required volumes the relevant industry needs for its players to survive, but not all of them.
We see it in things like electricity but dont do anything about it.
When we have a "7%" increase in price, that term is most often used to describe the rise at a bottom or fundamental level--like RBA interest rates...but when you equate that out to an end user price, & take into consideration every player in between makes a return on investment, it inevitably results in very different % figure increase to the cost of living...easily absorbed in every day inflation, but when big hits like this happen--like weve all seen in the privatisation of our once Govt owned Utilities companies for example, things can get out of control...
We'll see call-out fees for Plumbers & Sparky's rise, just because...any service based industry will rise considerably more than the "bottom line" increase...
Ive always suspected this was/or will be some kind of ecenomic reset, & said it from the start...i honestly fear we are in for a reset of the poverty line too, & a more pronounced difference in those who will hit it & not be able to recover...
For this country its already hard enough for current generations to afford owning a home without some form of capital from previous generations, & im a firm believer that were at a point where those who dont do extra carrricular education of some sort already have little to no hope of the home ownership dream, & I think this sector of our community will grow exponentially from this...Sad for this country i rekon...!!
The man who knows everything, doesnt really know everything...he's just stopped learning...