#27: Australia to ban dynamic pricing, what’s NZ doing?
Update: 2024-11-11
Description
In this episode of The NBR Podcast with Simon Shepherd: How annoying is it when the price of a product surges online while you are trying to buy it? Surge – or dynamic pricing – is a widespread pricing tactic designed to manage demand and maximise profit. It's also one of several techniques the Australian government has labelled as unfair. It's putting a ban in place, so what is New Zealand doing?
Timestamps below:
(05:22 ) - So what is dynamic pricing?
(11:26 ) - Are they serving them, or they just trying to get the last bit of profitability out of that event?
(15:12 ) - I guess the business is trying to maximize revenue. Is that bad?
Links to audio clips used here.
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