Crono1973 said:
Lim3 said:
Baldr said:
Australian salaries are much higher and the conversion rates, they are actually paying less than any place in the world. $1AU is not equal to $1US. Even their minimum wage is like $18AU/hr
Minimum wage is $15 an hour for an adult - over 21.
However industries like hospitality have 0 tipping.
Also average wage is inflated by what we call 'a two speed economy'. The people in the mining sector make 6 digit salaries for even unskilled labour and people everywhere else have much lower salaries.
My $AUS1 buys around $US1 so why do the same digital products cost twice as much for me?
It's market discrimination and price gouging.
Yet, with 4 hours of work at Australian min wage will get you a AAA game at US prices. Our min wage workers have to work 8 hours to get that same game at US prices.
We pay pretty much twice as much for every game off the shelf - so by that logic both min wage workers are working 8 hours for a AAA title.
However min wage for under 18 is $6.50 an hour (or round about), so by that logic a $110-$120 new release AAA title (and that's just the standard edition) would cost 20 hours of work - which is lot around, say school.
The point isn't minimum wage though - its that those prices were set when our dollar was worth half of yours, and they have only increased the price of games since because they know they can charge twice as much here and we'll pay them.
Supply and demand is all well and good, but there are really no alternative products we can switch to since they're all around the same price.