/biz/ - Business & Finance

Australian here. This thread will probably only make sense to Australians, sorry.

Has anyone else here been able to come to the conclusion as to why Australian McDonald's is so expensive, yet still appears to be wildly successful as a brand here?

I tried googling this and pretty much every answer is along the lines of:
>cost of labour is expensive in Australia

But I'm not buying that explanation. Because when you compare it to Hungry Jacks and especially KFC, McDonald's is upto 2x more expensive than either of them for some menu items and there's a general consensus amongst most people that it has way less flavour.

>duh, KFC and Hungry Jacks just illegally pay their workers
is another silly answer I keep getting from people, but that's absurd because if that really was going on on any kind of notable scale then KFC and Hungry Jacks would be paying millions of dollars in fines and wouldn't be operating for much longer.

So, economically speaking, how are other fast food restaurants here nowhere near as big/successful as McDonald's yet they are all objectively far cheaper, have larger portion sizes and taste much better?