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The Guardian·3 min read·medium

August reveals Australians’ big appetite for weight-loss drugs, love for ‘dupe’ brands and an accelerating EV uptake

J
Jonathan Barrett Business editor
August reveals Australians’ big appetite for weight-loss drugs, love for ‘dupe’ brands and an accelerating EV uptake
AI Summary

The Australian retail sector is shifting as consumers prioritize cost-of-living savings, leading to increased demand for 'dupe' brands and electric vehicles. Major retailers like Kmart are expanding their private-label strategies to capture budget-conscious shoppers.

Why it matters

This reflects broader global economic trends where inflation drives consumer behavior toward value-oriented alternatives and sustainable technology adoption.

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High petrol and diesel prices are causing Australians to turn to electric vehicles, with almost a third of new car sales in July being an EV. Photograph: Dan Himbrechts/AAP High petrol and diesel prices are causing Australians to turn to electric vehicles, with almost a third of new car sales in July being an EV. Photograph: Dan Himbrechts/AAP Australian economy Explainer August reveals Australians’ big appetite for weight-loss drugs, love for ‘dupe’ brands and an accelerating EV uptake Reporting season shows how consumers are responding to cost of living pressures and how retailers are responding

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Prefer the Guardian on Google Australians are buying less pizza but more weight-loss drugs . They love “dupes” but don’t enjoy writing letters.

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