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'Tricky Dicky' caught out again on CD prices



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Media Release

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BOB McMULLAN MP SHADOW MINISTER FOR INDUSTRIAL RELATIONS, FINANCE AND THE ARTS MEMBER FOR CANBERRA

ARTS 10/97 29 October 1997

'TRICKY DICKY' CAUGHT OUT AGAIN ON CD PRICES

New information received by the Opposition shows that 'Tricky Dicky' Alston has been caught out yet again stretching the truth on CD prices, the Shadow Minister for the Arts, Bob McMullan, said today.

"Senator Alston's growing reputation for telling porkies about CD prices - and about the impact of the Government's decision to allow parallel importation of them - shows his increasing desperation to convince anyone that prices will substantially fall," Mr McMullan said.

"Last week, on 20 October, Senator Alston advised the Senate that the top selling CD by 'Savage Garden' retailed in Canberra for $30, but could be purchased in New Zealand for $A18.90.

"Senator Alston said 'there could not be a starker contrast between the price of CDs in this country and the price of one of our nearest neighbours, New Zealand'.

"But I have now received information from the exclusive wholesaler of the 'Savage Garden' CD in New Zealand which proves Richard Alston's claims are nonsense. (The information is attached).

"Warner Music New Zealand said they were 'staggered' at Senator Alston's 'absurd' assertion.

"They wholesale the 'Savage Garden' CD in New Zealand for $NZ19.65, which at the exchange rate for 21 October 1997 of 1.0993, is $A17.88.

"With retailers' mark-up and then a GST of 12.5% it is blatantly clear that a retailer could only sell in New Zealand at $A18.90 at a big loss.

"It is hard to believe any retailer is doing this. More likely is that Richard Alston is telling porkies.

"Further information from Warner New Zealand seems to confirm this.

"They surveyed their top New Zealand retailers (65% of their total business) and found they were selling the 'Savage Garden' CD for between $A24.55 and $A31.79.

"This was at the time the CD was available in Canberra for $24.95.

"So much for Richard's 'stark contrast' between CD prices in New Zealand and Australia.

"The only stark contrast is between 'Tricky Dicky's' claims and the truth." COMMc ., -PARLIA MEN' 41 — For further information: David Fredericks: (02) 6277 4428 •4tAdrzy

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