Cost of electronics not falling with the rise in AUD

I was surprised to see this pop up in the news relatively quickly after my posts about the price of laptops in Australia. (Other electronics are also very expensive, I’m just not looking to buy them right now.)

CommSec chief equities economist Craig James, quoting from the latest consumer price index (CPI) figures, said that while the Australian dollar had risen by almost 19 per cent in the 15 months to June, prices of technology goods had only fallen by 7 per cent.

James added: "What it’s showing is the benefits of falling global technology prices and the higher Australian dollar seem to be flowing to retailers rather than consumers."

Retailers fail to pass on exchange rate bonus