Cost of Living in Australia
Jun 7th 2013, 10:41 am
#61
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Joined: May 2003
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Re: Cost of Living in Australia
Originally Posted by OzTennis
Yes, manufacturers claim people are too price conscious so rather than increase prices they decrease the size of their product (and put the prices up as well). Another trick is the package being much larger than the contents eg a huge box of Corn Flakes half filled with flakes - again manufacturers say it clearly says how many grams are inside so people aren't being duped!
The big flaw in these indexes is that the likes of Maccas use different pricing strategies for different markets. In Australia for example Ikea sell their products at much higher prices than in other markets - Indonesian furniture sells for more in Australia than it does in the UK or US despite the greater transportation distance.
The big flaw in these indexes is that the likes of Maccas use different pricing strategies for different markets. In Australia for example Ikea sell their products at much higher prices than in other markets - Indonesian furniture sells for more in Australia than it does in the UK or US despite the greater transportation distance.
We really do well with a lot of consumer electronic prices (TVs for instance) - especially compared to the UK
