Increasing competition in the market is the only viable way to get Australian domestic airfares to fall in the long term. That’s unlikely to happen anytime soon.
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Before their demise, both Rex and Bonza had criticised the way airport slots are allocated at Sydney airport, arguing it locked them out of the premium takeoff and landing times needed to compete.
Rex Airlines appears to be in trouble, with a trading halt on its shares. Yet it has more structural resilience, financial backing and political clout than Bonza, which folded recently.
Foodstuffs has applied to merge its North and South Island operations. But this move will only further concentrate market power and the biggest losers will be New Zealand consumers.
Boosters and vaccinating children mean we’re relying on two pharmaceutical companies to supply Australia’s COVID vaccines. That needs to change.
Most consumers want a better deal, but New Zealand’s small size and relative isolation make it hard for large-scale competitors to enter the supermarket sector.
Top contributors
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Professor/Head of Aviation, CQUniversity Australia
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Associate Professor of Marketing, University of Sydney
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Retail Academic Researcher, Business School, University of Sydney
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Founder In Residence, Swinburne Innovation Studio, Swinburne University of Technology
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Professor of Agricultural Economics, Lincoln University, New Zealand
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Henry Baldwin Professorial Research Fellow in Health System Sustainability, University of Tasmania