FORGET the lucky country - Australia has been branded the land of the great big rip-off.
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RESULTS: LIVING ON THE EDGE
This poll was closed on 2011-12-21 00:00:00
Do you think Australia is too expensive?
Total votes: 7220
It is absurd that staples such as fruits and vegetables are several times more expensive than in Europe; DVDs and books can be bought far cheaper offshore; the same cars cost twice as much compared with overseas, and; housing is less affordable than some of the world's biggest cities, says a Centre for Independent Studies report.
Is Australia too expensive? Tell us below
The pro-business think-tank wants property stamp duty axed or slashed and first home buyer grants and negative gearing scrapped to reduce the cost divide, claiming the policies have added to the housing affordability crisis.
And it says import restrictions should be dropped for bananas, cars and books.
The paper labels the nation one of the priciest on the planet, blaming successive governments for key essentials now being steeper than in London, New York and Singapore.
"That Australia is now one of the most expensive addresses on the planet was by no means unavoidable ... what we got instead is a country in which both products and land are much more expensive than in most other countries."