There is no doubt that Cairns and North Queensland is
|ASK THIS MAN THE DIFFERENCE BETWEEN|
"LEASING" AND "SELLING" PUBLIC
ASSETS AND WATCH HIS NOSE GROW!
A $60K imported automobile in Cairns is $38K in the United States. Bend over for the car companies.
$110 Nike shoes are $42 in the US - despite both getting them from the same place (Asia)!
Is it just lack of competition? When Masters (part owned by US DIY chain Lowes) was opened in "competition" to Bunnings (an IP copy of US DIY chain Home Depot), did prices go down? Not on your life - we now have TWO chains in a cosy duopoly ripping us off.
Grocery store pricing in Australia is near the highest in the world. The two duopolists in the market spend millions every year trying to fight new entrants in the market. In one case Costco took four years to get through the planning process as Coles and Woolies manipulated the planning and zoning process to stall them.
Then there's petrol.
The world oil price has plummeted in the last three months.
Americans are paying now less than US$3/gallon for petrol. With US petrol taxes roughly equivalent to Australia, the US price translates into an Aussie price of:
.683 cents per litre!
You can compute this yourself using this
(While designed for Canadians, just insert the current exchange rate (.865) and US petrol price per gallon, and it will give you the Australian pricing per litre-equivalent).
We don't blame business - it's their job to rip us off. We blame the politicians, who live in this community are stand by while we're all getting ripped off, and do NOTHING.
Now we have the LNP thinking they can trick the public by saying "NO! We're not going to SELL our public assets! We're just going to LEASE them out! And we'll get them back eventually!!!" Do you believe that electricity prices will go down when they're
This is so absurd it's breathtaking in the arrogance of Campbell Bjelke Peterson and his local member, Gavin King. A property leased for 99 years is considered sold by the banks. So too are our public assets. To hear King, Trout, and other LNP puppets repeat this absurd lie is shocking and despicable.
The fact is our politicians have proven incapable of regulating public utilities. Insurance, electricity, gas, telecommunications - all are heavily regulated in the US (along with Canada and most of Europe). This regulation includes management of the utilities profits. Australia does none of this.
The rest of the markets are managed by real, transparent competition.
Petrol at Costco Brisbane? $1.24/litre