Why we face ‘anaemic growth in living standards'
Rising export prices for commodities such as iron ore and coal generated a national income windfall since the early 2000s by allowing people to consume more imports for a given amount of exports.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


West Australian
3 hours ago
- West Australian
‘Tyrell-ble': Beloved chip brand Tyrrells pulled from major Australian supermarkets due to low demand
Australians have been caught off guard by the quiet disappearance of a beloved chip brand from supermarket shelves without warning. UK -born snack brand Tyrrells has been pulled from Woolworths , Coles and IGA stores, without an official announcement. The change was spotted by a frustrated Reddit user who posted about it last Thursday. 'Gone from their shelves without warning or even clearance tags. Didn't even get a chance to stock up,' the user wrote. 'These were f****** good, made in Australia with Aussie potatoes, and at $3.80 for 165g. Price does what it says, without stupid price hikes and fake offers.' Other users echoed the disappointment. 'WHAT! OUTRAGE! They were the only chips I bought,' one comment read. 'These are the king of chips and I am heartbroken,' another said. 'Damn, that's really disappointing. They were the best chips on the shelves,' a third added. 'Absolutely unacceptable. These are the only good chips,' someone else chimed in. 'That's tyrell-ble,' another joked. Snackbrands Australia, the maker of Tyrrells, confirmed the brand has been discontinued due to low demand. 'We always aim to bring delicious snacks to our consumers in line with their needs, however we sadly had to retire the Tyrrells brand from market due to insufficient levels of consumer demand,' the company said in a statement. 'We realise that there will always be true lovers of the brand out there however we need to balance the requirements of our consumers as well as our retail partners when making these tough decisions.' Both Coles and Woolworths confirmed to they are no longer stocking Tyrrells chips. has also reached out to IGA for confirmation. Snackbrands said Tyrrells will still be available 'for the foreseeable future' in some Harris Farm stores, and suggested fans try their other products. 'The good news is that we continue to innovate and offer great alternatives under our Kettle and Natural Chip Company brands,' a spokesperson added. Tyrrells chips can still be found on Amazon , with nine 165g bags of the classic Pot Crispy Salted flavour currently available for $15.86. Some Reddit users reported spotting a few bags at 7-Eleven and The Reject Shop. Tyrrells, originally founded on a farm in Herefordshire, England in 2002, is known for its hand-cooked, premium potato chips made from locally grown ingredients. The brand entered the Australian market in 2014, initially importing products from the UK. From 2016, following its acquisition of Yarra Valley Snack Foods, Tyrrells chips were made locally in Victoria using Australian potatoes.


Perth Now
3 hours ago
- Perth Now
Aussie snack lovers shattered as popular chips disappear from shelves
Australians have been caught off guard by the quiet disappearance of a beloved chip brand from supermarket shelves without warning. UK-born snack brand Tyrrells has been pulled from Woolworths, Coles and IGA stores, without an official announcement. The change was spotted by a frustrated Reddit user who posted about it last Thursday. 'Gone from their shelves without warning or even clearance tags. Didn't even get a chance to stock up,' the user wrote. 'These were f****** good, made in Australia with Aussie potatoes, and at $3.80 for 165g. Price does what it says, without stupid price hikes and fake offers.' Other users echoed the disappointment. 'WHAT! OUTRAGE! They were the only chips I bought,' one comment read. 'These are the king of chips and I am heartbroken,' another said. 'Damn, that's really disappointing. They were the best chips on the shelves,' a third added. 'Absolutely unacceptable. These are the only good chips,' someone else chimed in. 'That's tyrell-ble,' another joked. Coles has confirmed it is no longer stocking Tyrrells chips. Credit: Coles Woolworths has pulled Tyrrells chips from its shelves. Credit: Woolworths Snackbrands Australia, the maker of Tyrrells, confirmed the brand has been discontinued due to low demand. 'We always aim to bring delicious snacks to our consumers in line with their needs, however we sadly had to retire the Tyrrells brand from market due to insufficient levels of consumer demand,' the company said in a statement. 'We realise that there will always be true lovers of the brand out there however we need to balance the requirements of our consumers as well as our retail partners when making these tough decisions.' Both Coles and Woolworths confirmed to they are no longer stocking Tyrrells chips. has also reached out to IGA for confirmation. Snackbrands said Tyrrells will still be available 'for the foreseeable future' in some Harris Farm stores, and suggested fans try their other products. 'The good news is that we continue to innovate and offer great alternatives under our Kettle and Natural Chip Company brands,' a spokesperson added. The British-born Tyrrells chips have quietly disappeared from major supermarket shelves. Credit: Tyrrells / Facebook Tyrrells chips can still be found on Amazon, with nine 165g bags of the classic Pot Crispy Salted flavour currently available for $15.86. Some Reddit users reported spotting a few bags at 7-Eleven and The Reject Shop. Tyrrells, originally founded on a farm in Herefordshire, England in 2002, is known for its hand-cooked, premium potato chips made from locally grown ingredients. The brand entered the Australian market in 2014, initially importing products from the UK. From 2016, following its acquisition of Yarra Valley Snack Foods, Tyrrells chips were made locally in Victoria using Australian potatoes.


7NEWS
4 hours ago
- 7NEWS
Webjet cops $9 million fine for misleading Australian travellers after ACCC takes action in Federal Court
Webjet has been fined $9 million for misleading Australians about the price of flights and booking confirmations. The order was handed down by the Federal Court following an investigation by the Australian Competition and Consumer Commission (ACCC). Webjet, a popular online travel agency, admitted it had excluded compulsory fees in airfare ads posted on its website, in emails and social media posts between 2018 and 2023. It also conceded that between 2019 and 2024 it misled 118 customers by confirming flight bookings which had not actually been locked away. 'Webjet later asked for additional payments of up to $2120 from travellers to complete the booking,' the ACCC said on Monday, adding consumers had since been refunded. 'Serious breach' The consumer watchdog started asking questions after a customer complained about a flight advertised 'from $18' ultimately costing three times that once Webjet tacked on compulsory fees. Webjet's extra charges included a 'servicing fee' and 'booking price guarantee', and cost travellers as much as $54.90 extra per booking, depending on the destination. The agency's fees accounted for 36 per cent of its total revenue between November 2018 and November 2023, the ACCC said. 'We took this case because we considered that Webjet used misleading pricing by excluding or not adequately disclosing compulsory fees in its ads,' ACCC chair Gina Cass-Gottlieb said. 'Seeking to lure in customers with prices that don't tell the whole story is a serious breach of the Australian Consumer Law.' The consumer watchdog alleged that while some of Webjet's advertisements and platforms had details about the fees, others either made users scroll down to the fine print or did not have any indication at all. 'Retailers must ensure their advertised prices are accurate,' Cass-Gottlieb said. 'They should clearly disclose additional fees and charges.' The ACCC said Webjet had cooperated during proceedings, including admitting liability, after it took action in the Federal Court. 'The parties reached agreement over the proceedings in February 2025,' Webjet said in a statement on Monday. 'The Federal Court's approval formally disposes of the proceeding.'