Imports
Have you been getting excited at the rise of the Aussie dollar? Well, you should be. Of course, those planning an overseas trip will be particularly excited. A strong Aussie dollar gets you more foreign currency to spend on that overseas holiday. The benefits of a stronger Aussie dollar, however, should not stop there.
All Australian consumers should be getting excited as the Aussie dollar surges upwards. Why? For the simple reason that all imported products should now be much cheaper.
The economics is simple. Just like a strong Aussie dollar buys you more foreign currency when you go overseas, a strong Aussie dollar means importers can ordinarily buy foreign products at effectively lower prices.
Continue reading "The great import rip-off: why isn’t everything cheaper?" »
A big stink over loo paper not only threatens to flush thousands of Aussie jobs down the can, but leave Kevin Rudd holding a steaming pile of, well, you get the picture.
In a precedent-setting decision that’s as “silly as a bum full of smarties”, to steal a line from Kenny, the government has allowed 20,000 tonnes of Chinese and Indonesian dunny paper to be dumped on the Australian market at prices up to 45 per cent cheaper than in their home countries; much of it under the Woolworths Select label.
But before you shout “you bloody bewdy” and pop out to Woolies for some bargain bog rolls, pause for a minute and contemplate just why any company would sell a mountain of goods at a loss.
Continue reading "The great stink over cut-price toilet paper" »
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Andrew says:
APP lost the contract with Woolies to ABC a few months ago… If you ‘re interested in sustainable toilet paper, look into bamboo toilet paper (actually made from bamboo and sugar cane and elephant grass I think, which grows in like 1 year, and as such is far more sustainable)… Read more »
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Timmy Traralgon says:
Tim Vollmer has swallowed the union line hook, line and sinker, conveniently blaming importers when there is a thriving local toilet paper manufacturer—that is the real threat to the union-dominated paper industry and the key old-school paper players. The key factor Tim and the local unions are conveniently overlooking is… Read more »
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