Amazon is coming to Australia.
The company has acquired its first warehouse in Melbourne's Dandenong South, and more will follow. The arrival of the e-commerce giant, one of the fastest-growing companies in the world, is expected to shake up our retail sector by changing Australian online shopping habits.
An Amazon warehouse in Scotland which is the size of 14 football pitches. Picture: Chris Watt for the Scottish Government/Flickr
Currently, only 7 per cent of our shopping happens online. Yet online shopping is growing rapidly in both the UK and the US - where Amazon accounts for almost half of online spending. If Australians follow this trend and take up shopping through Amazon, the impacts are likely to be felt keenly by Australian electronics, fashion and department stores.