It's official: Amazon is hitting Australia and local competition is probably screwed

The moment Australian retailers have dreaded is here.  

Amazon is expanding Down Under, opening warehouses that’ll enable cheap, fast local shipping, and letting small businesses sell goods through the site—a development an Amazon employee reportedly said would "destroy the retail environment in Australia."  

Shopping on Amazon.com is already available to Australians, but with international shipping and long delivery times, it isn't a pleasant experience. 

SEE ALSO: Terms and Conditions are too long, just ask a guy who read Amazon's for 9 hours

A spokesperson for the retail giant stated via email that Amazon is currently planning "to bring thousands of new jobs to Australia, millions of dollars in additional investment, and to empower small Australian businesses through Amazon Marketplace."  Read more...

More about Business, Jeff Bezos, Amazon, Australia, and Business