For all the talk about the rising cost of living in Australia it is amazing that there isn’t more concern expressed at the high mark-ups that big Australian retailers charge. Australians pay far more for clothes, computers and most other consumer goods than customers in the rest of the world. There are two main reasons for this. First, we have some of the highest disposable incomes in the world and secondly, our retail sector is among the most highly concentrated in the world.
Related documents
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
New Analysis: Mid-East war’s hit to Australian economy, how to reduce its impact
New analysis by The Australia Institute reveals the impact the war in the Middle East is likely to have on Australian households – and recommends policies to limit the hardship.
Australia has significant power in the world, we should be using it more wisely
There are just under 200 countries in the world and Australia is in the G20.
Trump’s Big Bill makes America more dangerous while enriching a few
The legislation will turbocharge inequality and the climate catastrophe – and it’s all part of the administration’s plan to radically reshape American society.