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Wine prices "excessive"

» If grocery shops were, .allowed to sell single bottles ‘-of New Zealand wines the, i present prices to the public i could be reduced 20 per cent. • said the manager of a chain, 'of grocery shops (Mr O. V.| j Beaumont) to the Royal! Commission on liquor yester-! • day. Mr Beaumont said that the ; present arrangement for the ; r licensing of wine sellers en-!' ■ sured that anyone who i wished to buy wine was ! ' forced to pay excessive i i prices. » Because of the excessive; ' prices new wine sellers’l j licences grew rapidly to a value far in excess of the . investment involved. “Within the last two weeks in Christchurch 1 was - offered a suburban wine r shop with a weekly turnover; -of $l5OO for a goodwill f figure of $55,000.” , Mr Beaumont refused to a say, under questioning, - whether he thought the sale Jof liquor in grocery shops was desirable.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19731116.2.106

Bibliographic details

Press, Volume CXIII, Issue 33384, 16 November 1973, Page 12

Word Count
154

Wine prices "excessive" Press, Volume CXIII, Issue 33384, 16 November 1973, Page 12

Wine prices "excessive" Press, Volume CXIII, Issue 33384, 16 November 1973, Page 12