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The great Aussie rip off?

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The great Aussie rip off?

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Old Feb 22nd 2012 | 5:52 pm
  #16  
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Default Re: The great Aussie rip off?

Originally Posted by ozzieeagle
Actually got to admit it would probably be 5/6 years because of local COL... however 2 million could be enough if you rented and your interest more than covered the rent.
2 mil x 6.8% in CBA / NAB / WBC /ANZ shares = $136,000 (with $62,200 tax credit ) $198,000 round of the tax , another $24,000
Still leaves a modest $112,000

I think I could scrape by on that
 
Old Feb 22nd 2012 | 6:14 pm
  #17  
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Default Re: The great Aussie rip off?

I saw a few minutes of the program and it appeared to me to be broadly correct.

I have personal experience in the last few months: a fastening system in Oz $13.50 per metre, in the US US0.66c per metre (converted to metres and including tax.

An irrigation pop-up head: $64 here and the same part in the US US$11.95 - available for $9.95 on the internet plus tax and postage.

On many items we are not talking a few percent, we are into many times the price. Much of it is due to the stranglehold of importers which stifles competition and choice.
 
Old Feb 22nd 2012 | 6:52 pm
  #18  
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Default Re: The great Aussie rip off?

Yes much the same for us, many of the things relevant to our work are 2 or 3 times more expensive here. We were looking at Aldi prices last night, UK and here and many here were 50 to 75% more.

Originally Posted by Wol
I saw a few minutes of the program and it appeared to me to be broadly correct.

I have personal experience in the last few months: a fastening system in Oz $13.50 per metre, in the US US0.66c per metre (converted to metres and including tax.

An irrigation pop-up head: $64 here and the same part in the US US$11.95 - available for $9.95 on the internet plus tax and postage.

On many items we are not talking a few percent, we are into many times the price. Much of it is due to the stranglehold of importers which stifles competition and choice.
 
Old Feb 22nd 2012 | 7:04 pm
  #19  
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Default Re: The great Aussie rip off?

Originally Posted by Wol
I saw a few minutes of the program and it appeared to me to be broadly correct.

I have personal experience in the last few months: a fastening system in Oz $13.50 per metre, in the US US0.66c per metre (converted to metres and including tax.

An irrigation pop-up head: $64 here and the same part in the US US$11.95 - available for $9.95 on the internet plus tax and postage.

On many items we are not talking a few percent, we are into many times the price. Much of it is due to the stranglehold of importers which stifles competition and choice.
I agree that things like this can be incredibly expensive here - out of all proportion. Other things not so:
Samsung UA60D8000 TV - offered to me for $3120 by The Good Guys a few weeks ago.
Samsung UE60D8000 TV (UK model) - cheapest internet price $4790 (GBP3249 at Comet).
There are other things too - VW cars for instance.
A lot of the hobby stuff I buy locally is now only 10-20% more expensive than the US, other stuff is much more expensive here though.

It's a mixed bag. A lot of stuff that is radically more expensive here can be easily bought on the internet. It's stuff that is hard to ship that is the problem.
 
Old Feb 23rd 2012 | 11:59 am
  #20  
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Default Re: The great Aussie rip off?

Originally Posted by Amazulu
I agree that things like this can be incredibly expensive here - out of all proportion. Other things not so:
Samsung UA60D8000 TV - offered to me for $3120 by The Good Guys a few weeks ago.
Samsung UE60D8000 TV (UK model) - cheapest internet price $4790 (GBP3249 at Comet).
There are other things too - VW cars for instance.
A lot of the hobby stuff I buy locally is now only 10-20% more expensive than the US, other stuff is much more expensive here though.

It's a mixed bag. A lot of stuff that is radically more expensive here can be easily bought on the internet. It's stuff that is hard to ship that is the problem.
Talking of the hard to ship stuff does anyone have any ideas about how to get stuff across cheaply? I want quite a bit of sailing stuff from the US or Europe - can you hire a very small piece of a container?
 

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