Scene: Two politicians are dining in a flash restaurant.
Waiter: “And a red with main course sir?â€
Host: “Yes. We’d like two glasses of the new Penfolds Grange 2008 please.â€
Waiter: “I should warn sir that this is a very expensive wine.â€
Host: “Like how much?â€
Waiter: “Well, lemme see. A bottle would cost you one thousand five hundred and seventy dollars.â€
Host: “Two teaspoons then.â€
Waiter: “Umm. Take away one, carry the two. Yes that’ll cost you twenty two dollars.â€
Host smiles and winks: “Don’t worry about the cost! Government credit card doncha know. In fact, make that two tablespoons.â€
Waiter thinks: “Mmm, eighty four bucks!†Thinks again, “Hope they tip generously.†Exits via kitchen door, stage left.
Preposterous? No. The recently released Grange has a recommended retail price of $784.99*. Very few restaurants add less than a 100% mark-up to the retail price of wines so our pollies’ bottle will cost at least $1570, i.e. close enough to $2.10 per millilitre. (*Why do they use used car pricing techniques for prestige wine? Would it really deter any buyers if the price were rounded up to $785?) Continue reading