Feeds

Computer prices down 8.1% per year … since 1984

Computer and mobile phone now a “relative necessity” for Australian households

Bridging the IT gap between rising business demands and ageing tools

The price Australian consumers pay for audio visual and computing products has fallen an average of 8.1% every year since 1984, according to the new AMP.NATSEM Income Report.

The new report (PDF), titled Prices These Days – The cost of living in Australia, says audio visual and computing products are one tenth of their 1984 prices. The report uses Australian Bureau of Statistics (ABS) data to make that assertion, and notes that the rapid pace of change in technology means comparisons can be hard over 28 years.

But the report also notes that computing and communications devices are becoming more important to Australians, and consuming more of the household budget.

Again leaning on ABS data, the report says computers, mobile phones and a CD player are all ”relative necessities” for Australians. That means a PC and mobile are of less important necessities like housing, food, energy and public transport, but of greater priority than discretionary items include booze, smokes, food someone else cooks and holidays.

Natsem Data on household IT spend

The report also notes that despite audio visual and computing products experiencing more deflation than any other category of goods, Australians spend more on them than ever before as a proportion of the household budget. The report does not divulge exact spending levels, but the graph above shows the trends.

The overall conclusion of the report is that current Australian political debate discourse focussing on curbing cost of living increases does not reflect market realities, as “price inflation in Australia and living costs appear to be relatively benign and have been for the past two decades.” Incomes have generally risen and “The average family is ahead by $224 per week ...”

Perceptions of higher living costs, the report concludes, are largely derived from the fact that Australians are now “spending more money on a whole range of new goods and, in particular, services that are either aspirational in nature or necessary in dealing with the demands of a modern society.” ®

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.