General
Tasmanian retailers warn of price hikes as shipping problems continue amid COVID pandemic
John Cole could be called a modern-day pirate, sifting through stockpiles in hoarder’s homes and digging through junk in barns and farms to find hidden treasures.
Key points:
- COVID-19, industrial action and increased consumer demand are causing shipping delays
- One Tasmanian importer has seen his freight costs soar by 275 per cent, another has waited up to 12 months for stock
- Retailers are warning the costs will flow on to shoppers
Mr Cole has travelled the world to find unique old and new items, importing them back to his antique shop in Tasmania.
But a perfect storm of events is causing lengthy delays to international shipping and is pushing up the price of importing goods into Australia.
Stock meant for last Christmas only recently…
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