A new retail report released yesterday has corroborated what Crikey readers already know: local stores are marking up their prices well above those available overseas.

The Australia Institute study found that, in the pricing battle been bricks and clicks, some local goods — such as clothes and shoes — are being jacked up by more than 142% in contrast with products available online.

When comparing the price of a Sony Bravia TV, the institute found that Australian consumers were paying over 100% more than their US counterparts and well above other countries with higher VATs than the GST. CDs are on average 106% cheaper online.