Business hurt by price freeze in New Caledonia | Pacific Beat

Business hurt by price freeze in New Caledonia

Business hurt by price freeze in New Caledonia

Updated 23 April 2014, 9:26 AEST

Businesses in New Caledonia say they are suffering from a price freeze imposed 12 months ago after worker unrest over the high cost of living.

They've called for the freeze to be scrapped becuase the measures have not been implemented properly.

After a 12-day strike in May last year the New Caledonian government imposed a 10 per cent price cut on 500 consumer goods.

The price freeze is set to last until the end of this year.

Presenter: Richard Ewart

Speaker: Jenny Seagoe, vice president, Chamber of Commerce and Industry, New Caledonia

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