Another blow to Australian online retail. For shoppers without borders, the U.K. beckons.
Ever since the Australian dollar attained parity with its American equivalent 16 months ago, the market dynamic has transformed. Besides its fundamental impact on the broader Australian economy, it has led to changes in consumer behavior as foreign goods became cheaper. It opened up the floodgates for imports, giving rise to specialised sites such as Online Shopping USA that help Australians navigate the tricky global online shopping market.
