Analysis finds Australia’s inflation being driven by company profits, not wages

Re:Analysis finds Australia’s inflation being driven by comp... by exodust on Friday February 24, 2023 @08:05PM (#34932599)

NAB - the big Australian bank that uses children in their ads, reading scripts in a grown-up manner about the importance of money: https://youtu.be/bk952JcRyok

They've aired several ads like this using children to convince people that NAB is "more than money".

On supermarket profits. I've noticed price-jacking has reached a new level. Seemingly in collaboration with the brands to deceive customers. For example, "50% off dishwasher tablets"... sounds good. But then you see the "normal" price they expect you to believe: $48 for a pack of 32 dishwasher tablets. That's AUD $1.50 per tablet / USD $2.23 per tablet. There's no chance dishwasher tablets cost anywhere near that much to make.

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Re:Analysis finds Australia’s inflation being driven by comp... by TheSpiceIsLife on Friday February 24, 2023 @08:08PM (#34932626)

Coles branded dishwasher powder works fine, $0.39 per 100 grams.

The next cheapest is more than three times the price and doesn't do anything the Coles branded product doesn't.

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Re:Analysis finds Australia’s inflation being driven by comp... by trog on Friday February 24, 2023 @10:08PM (#34933422)

Coles brand has never worked for me. Try the Aldi tablets. They are very cheap and Choice scores them as the best.

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Re:Analysis finds Australia’s inflation being driven by comp... by TheSpiceIsLife on Sunday February 26, 2023 @09:25PM (#34952216)

I ran the numbers, looks like the Coles powered, which works fine for us on mains water no issues, is about 9 cents a wash, using less than 25 grabs powder at $0.39 per 100 grams. The powder goes in the doeser, plus a small amount in the main compartment so the first rinse cycle is doing a pre-wash.

No Aldi here in Tas, but I'd have to break the tables to approach price competitive.

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Re:Analysis finds Australia’s inflation being driven by comp... by Benjamin_Dobell on Friday February 24, 2023 @09:17PM (#34933130)

> That's AUD $1.50 per tablet / USD $2.23 per tablet

I have no idea how much dishwasher tablets ought to cost, but you've applied the exchange rate in reverse. $1.50 AUD is currently about $1 USD.

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Re:Analysis finds Australia’s inflation being driven by comp... by exodust on Sunday February 26, 2023 @09:00PM (#34952083)

You're right, my bad. To clarify, I chose dishwasher tablets as a common product among many I've noticed sharply increase in price here in Australia.

AUD $48 for a pack of 32 tablets is about USD $32. When I look on Walmart US site, they are selling the same brand and similar product (Finish Powerball Quantum) in a 50 pack for USD $15 which is about AUD $22. I don't expect Australia to be the same equivalent price, but the price difference here is crazy.

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