You forgot to mention that most factory-made puppets are in fact made in China, where labour rates are about one tenth what they are in Australia. As you mention, making puppets is very labour intensive, so local makers can never compete with them except for one-off specials. Local companies like Wilmot Harvey and Science and Nature get their puppets made in China. If you made puppets in Australia you would have to sell them at prices comparable to the prices of the Chinese made ones, and that's not economically possible.

... Mike White on How much does a puppet cost?
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