The price of bananas
#106
Joined: Mar 2004
Posts: 5,940
Re: The price of bananas
Originally Posted by wanderingwombat
I recovered a bunch of bananas from what remains of the rainforest behind us. Still green but should ripen quickly.
How much a kilo do you want to pay?
Freight is extra.
WW
How much a kilo do you want to pay?
Freight is extra.
WW
#107
Re: The price of bananas
Originally Posted by arkon
As to the made in Australia thing, I firmly believe in many cases the Australian public is being duped. When I was looking at importing stuff direct it was very obvious that an easy was of paying less customs duty was to assemble your product in Oz but get the parts for it from abroad. So although technically made in Australia many things are really 100% sourced from abroad and mainly china. So it qualifies for the sticker but isn’t really 100% Australian made.
Since you are a foreigner, it is understandable that you will be confused by the subtleties of this issue - and since you are Arkon, it is understandable that your first conclusion will be "This is a rip-off; it's all a big scam, and Australians have fallen into it."
Fortunately, you are wrong.
There are several tiers of branding for Australian-related products. Each tier has its own unique logo:
- Australian made
- Made by a company with an Australian address
- Made in Australia or overseas, but has Australian-specific features such as Australian postcodes, tax laws, geography, history etc
Source.
None of these options are perfect, but the green and gold sticker is easily the best of the three.
Further clarification can be found on the Australian Made Website:
Made in Australia - what does it mean?
Made in Australia means a product is substantially transformed in Australia and at least 50% of the cost of production has occurred in Australia. This law applies to any business that says its product is Australian made.
Product of Australia - what does it mean?
Product of Australia means that all of a product�s ingredients come from Australia, and nearly all the manufacturing is also carried out in Australia. Many such products carry the Australian Made Campaign trade mark.
Can any company use the Australian Made trade mark?
To use the Australian Made trade mark a company must comply with the Australian Made code of practice, with the country of origin guidelines in the Trade Practices Act and agree to submit to a third party auditing process. Any company that agrees to these terms may be eligible to use the Australian Made Trade Mark. Copies of these guidelines are available from the Australian Made Campaign headquarters and the Australian Competition and Consumer Commission.
What about Australian owned?
When a company manufactures in Australia it employs Australians, pays taxes here and adds value to our economy. Some Australian owned companies do not manufacture here. So Australian owned is great. But Australian made is best. Many companies that are both Australian made and owned use that claim in conjunction with our trade mark.
#108
Re: The price of bananas
Originally Posted by rossifumi
Stick 'em on ebay.
So looks like I was right afterall, By pricing them so daftly high, noone buys the ones they do have, so exactly how this helps the growers I've no idea.
But if the supermarkets around here don't watch out they are going to be left with a mountain of brown bananas that noone wants.
#109
BE Enthusiast
Joined: May 2004
Location: Ples bilong mi
Posts: 523
Re: The price of bananas
Originally Posted by arkon
I think the stores in town might soon have to, I went shopping today and the banana shelves were full and looking a bit ripe, They were $5 per kilo today and noone was buying them. I asked around a bit and was told they were too expensive to buy.
So looks like I was right afterall, By pricing them so daftly high, noone buys the ones they do have, so exactly how this helps the growers I've no idea.
But if the supermarkets around here don't watch out they are going to be left with a mountain of brown bananas that noone wants.
So looks like I was right afterall, By pricing them so daftly high, noone buys the ones they do have, so exactly how this helps the growers I've no idea.
But if the supermarkets around here don't watch out they are going to be left with a mountain of brown bananas that noone wants.
The Brits put up with no bananas during WWII for quite some years so we can put up with very few bananas for 12 months.
Bananas have no genetic variation so the diseases that are rampant all over the world but not here will rapidly surface if we import bananas. We don't have any banana diseases here, why import them because people want bananas? Let people wait until we grow them again.
Furthermore They grow bananas from Coffs Harbour to about 1500 miles further north. So there will be bananas available, not as many as before. And on that note, Arkon, why don't you take a drive north for a couple of hours. The hills are covered with the things, they sell them by the roadside during the season.
Because of where you live, you of all people are much better placed than most on this List to indulge your tastebuds. Instead you vent your spleen and choleric (I like that last sentence )
#110
Re: The price of bananas
Originally Posted by arkon
LOL, Welcome to Australia, The only place I know of where prices of stuff bounce up and down higher and more often than a kangaroo. Well the price of Banana's here is now over $6 and I for one won't buy them at that price, afterall most of the weight is in the skin which unless your Guy the Gorrilla you can't eat anyway.
Take the above - name me one market where price does not rise when supply is immediately cut by more than 50%? The kangaroo effect you describe works to your advantage when there is a good crop and prices fall. Would you have them not fall to have the 'stability' you crave for?
For the umpteenth time too, Supply being supplemented by imports of foreign bananas is a non-starter so don't keep banging on and on about it.
Your other comment about the product and its packaging amused me. Perhaps the devasted Queensland growers should restart their businesses with skinless bananas since you object to the protective covering bumping up the price? If they can't manage to produce a skinless variety then they should peel them at source. That will keep transport costs down and lower prices. That's what it will say in the textbook but there seems to be just one flaw in the argument I can't for the life of me spot.
OzTennis
#111
Re: The price of bananas
Originally Posted by arkon
I think the stores in town might soon have to, I went shopping today and the banana shelves were full and looking a bit ripe, They were $5 per kilo today and noone was buying them. I asked around a bit and was told they were too expensive to buy.
So looks like I was right afterall, By pricing them so daftly high, noone buys the ones they do have, so exactly how this helps the growers I've no idea.
So looks like I was right afterall, By pricing them so daftly high, noone buys the ones they do have, so exactly how this helps the growers I've no idea.
But if the supermarkets around here don't watch out they are going to be left with a mountain of brown bananas that noone wants.
Sod 'em.
#112
Re: The price of bananas
Originally Posted by jensteve
Have just been to the shops, considering I am living in WA and the government here are not importing from other states quite the same as all the others why oh why has the price of WA bananas gone up?
The WA growers have said they will not supply over east so why has the price increased?
So guess what no bananas for me this week I had a hard enough decision buying a lettuce for $2.95 which I thought rather pricey. I probably buy more meat than fruit and veg but only because its reasonably priced.
Oh and while at it coleslaw, what is up with the cost of it, 30ish pence in asda in the UK (yes I know I am a whinging pom) but $2.99 here..........
May Australia soon find the joys of BOGOF!
Jenny
The WA growers have said they will not supply over east so why has the price increased?
So guess what no bananas for me this week I had a hard enough decision buying a lettuce for $2.95 which I thought rather pricey. I probably buy more meat than fruit and veg but only because its reasonably priced.
Oh and while at it coleslaw, what is up with the cost of it, 30ish pence in asda in the UK (yes I know I am a whinging pom) but $2.99 here..........
May Australia soon find the joys of BOGOF!
Jenny
Oh new found joy..................
There are baby bananas on a tree/palm thing in the garden!!!!!!!!!
Keeping my fingers crossed they will continue to grow and make me a millionaire.
Jenny
#113
Re: The price of bananas
Originally Posted by jensteve
Oh new found joy..................
There are baby bananas on a tree/palm thing in the garden!!!!!!!!!
Keeping my fingers crossed they will continue to grow and make me a millionaire.
Jenny
There are baby bananas on a tree/palm thing in the garden!!!!!!!!!
Keeping my fingers crossed they will continue to grow and make me a millionaire.
Jenny
#114
Re: The price of bananas
Originally Posted by OzTennis
You haven't answered my earlier comments I noticed. You call for decent debate and when another side of the argument is put, which I think destroys your argument you just ignore them and concentrate on those who you say name call and don't debate the issues and you just keep repeating the message.
Take the above - name me one market where price does not rise when supply is immediately cut by more than 50%? The kangaroo effect you describe works to your advantage when there is a good crop and prices fall. Would you have them not fall to have the 'stability' you crave for?
For the umpteenth time too, Supply being supplemented by imports of foreign bananas is a non-starter so don't keep banging on and on about it.
Your other comment about the product and its packaging amused me. Perhaps the devasted Queensland growers should restart their businesses with skinless bananas since you object to the protective covering bumping up the price? If they can't manage to produce a skinless variety then they should peel them at source. That will keep transport costs down and lower prices. That's what it will say in the textbook but there seems to be just one flaw in the argument I can't for the life of me spot.
OzTennis
Take the above - name me one market where price does not rise when supply is immediately cut by more than 50%? The kangaroo effect you describe works to your advantage when there is a good crop and prices fall. Would you have them not fall to have the 'stability' you crave for?
For the umpteenth time too, Supply being supplemented by imports of foreign bananas is a non-starter so don't keep banging on and on about it.
Your other comment about the product and its packaging amused me. Perhaps the devasted Queensland growers should restart their businesses with skinless bananas since you object to the protective covering bumping up the price? If they can't manage to produce a skinless variety then they should peel them at source. That will keep transport costs down and lower prices. That's what it will say in the textbook but there seems to be just one flaw in the argument I can't for the life of me spot.
OzTennis
There of course is no such thing as a completely free market but some markets are more free than others and also less regulated than others, I find Australia more regulated and less free when it comes to importing goods and general trade. This is an observation based on my dealings in business here and back home. It's also based on being a consumer both here and back home. I have no figures to support my argument just my subjective view. I have already had to abandon on business here before it got off the ground due to the amazingly anal, restrictive and hugely anti-competitive nature of the country and its import duties.
Back to banana's, whoever said that I would be alright because banana's grow just up the road from me, just must be having a laugh. EVERYTHING here on the MNC is much more expensive than just about all the cities I've been to here. What I really can't understand is that it's the local population trying to racketeer of the rest of the local population. We can't afford the price here so why do they even try?
#115
Re: The price of bananas
Originally Posted by OzTennis
Take the above - name me one market where price does not rise when supply is immediately cut by more than 50%? The kangaroo effect you describe works to your advantage when there is a good crop and prices fall. Would you have them not fall to have the 'stability' you crave for?
For the umpteenth time too, Supply being supplemented by imports of foreign bananas is a non-starter so don't keep banging on and on about it.
OzTennis
For the umpteenth time too, Supply being supplemented by imports of foreign bananas is a non-starter so don't keep banging on and on about it.
OzTennis
Secondly, I wasn't saying supply and demand doesn't cause things to rise when supply is short. What I was arguing against is the notion that somehow when supply is short because of a disaster like the one that has just happened, that the extra money gathered for the higher priced goods somehow gets back to the growers. Which is a complete fallacy.
#116
Re: The price of bananas
Originally Posted by arkon
My view is that having an open unregulated market is ultimately beneficial to an economy and it’s people and ultimately to its producers. Whereas protectionism and over regulation is neither ultimately good for the people, country or it’s industries. Different views, banana’s used as and example, some people unable to put construct an argument so pick up the ball and go home.
Open and unregulated markets means giving equality to the suppliers to tender their wares at whatever price they see fit around the world.
However it disregards equality in the production process.
How can they offer goods so much cheaper than those produced in the destination country which is oft thousands of miles away from them ?
Unfortunately today it is not so much to do with their efficiency of process but due exploitation of cheap labour.
So let's all work for 15 hour days from a very young age in exchange for a few bowls of rice then we can have true and fair free trade which will result in the home grown products being cheaper.
#117
Re: The price of bananas
Originally Posted by Bix
Open and unregulated markets means giving equality to the suppliers to tender their wares at whatever price they see fit around the world.
However it disregards equality in the production process.
How can they offer goods so much cheaper than those produced in the destination country which is oft thousands of miles away from them ?
Unfortunately today it is not so much to do with their efficiency of process but due exploitation of cheap labour.
So let's all work for 15 hour days from a very young age in exchange for a few bowls of rice then we can have true and fair free trade which will result in the home grown products being cheaper.
However it disregards equality in the production process.
How can they offer goods so much cheaper than those produced in the destination country which is oft thousands of miles away from them ?
Unfortunately today it is not so much to do with their efficiency of process but due exploitation of cheap labour.
So let's all work for 15 hour days from a very young age in exchange for a few bowls of rice then we can have true and fair free trade which will result in the home grown products being cheaper.