#27: Australia to ban dynamic pricing, what’s NZ doing?

An episode of the The NBR Podcast podcast, hosted by NBR - National Business Review, titled "#27: Australia to ban dynamic pricing, what’s NZ doing?" was published on November 11, 2024 and runs 21 minutes.

November 11, 2024 ·21m · The NBR Podcast

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Summary

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.

Episode 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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