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ARTICLE · 31 JULY 2017

Flight of the Amazon - to destroy the Australian retail environment?

The Federal Government recently introduced a Bill to extend the GST to on-line sales of imported goods under $1,000.

AustraliaTax

Rumours abound that Amazon's planned invasion into the Australia market in September this year has one single focus: to destroy the Australian retail environment

A recent article published by News Ltd warns that Amazon's plan is to collect pricepoints on every retail item before setting their prices at a whopping 30 % discount.

Retail king Gerry Harvey has vowed "I will fight Amazon to the death"

Newspaper reports claim that the e-commerce internet shopping behemoth sees great potential in the Australian market because our prices are so high. Not only will Amazon establish distribution centres in every State and Territory, it is also alleged they will put physical stores and shopfronts on the ground, mostly in regional areas. In addition to selling almost every conceivable household item and general merchandise, it is expected they will also invade the fresh food industry.

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