Online shoppers have credit cards at the ready

Aussie shoppers will take advantage of huge price reductions in the US on "Cyber Monday".

Retailers in the North American country usually offer massive discounts following Thanksgiving in order to kick-start a pre-Christmas spending spree.

With more and more Aussies using their credit cards to purchase goods online, it will be no surprise to see plenty of people snapping up bargain items at the start of next week, reports.

Many retailers in Australia have bemoaned the cheap products that can be bought from overseas and there have been calls to force shoppers to pay tax on imported products in order to level the playing field.

Thousands of Aussies have already snapped up low-price Christmas presents during the "Click Frenzy" sale held this week – and with living costs being so high down under, who can blame them?

Mozo has discovered that goods purchased from international websites can still work out to be 46 per cent cheaper than the same product bought in Australia, even when taking shipping costs into account.

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