Fair comment, but it seems certain that retail is going to have to undergo the changes that just about all other sectors have undergone and deal with it.scod wrote:Ok, let the hijacking commence.
1. Lower local sales and lower margins will mean less jobs. The retail sector is the largest employer of ppl at about 1.5million bods. If the sector has less jobs and another sector doesn't replace them
Invariably new jobs will replace them, but knowing where or whether they cover the job losses is another story.
That is as scary as all hell. If the so-called professional investor class consider property as virtually risk-free then they have been on another planet for the last 30 years. Commercial property particularly, but all but residential has been up and down with a cycle as bad as any other asset class, and USA style residential property prices dropping here is a real, though less likely proposition.scod wrote:2. A lot of super funds use the property sector as a core asset class coz its value doesnt shift dramatically like shares............. the market views property as being almost risk free, with a slow but steady growth rate, this asset class is used as a base.
Westfields shares are based on internationally very expensive rents/returns which are almost certainly unsustainable given the threat faced by the internet. If I were an investor I would be getting out of Westfields and other australian commercial/retail property classes a s a p.
It is hardly the duty of all Australians to continue to be ripped off by retail outlets to sustain something that is going the way of the dodo, but I accept what you are saying scod.
Would love to help there alakaboo, butI've never bought a figless wetsuit before.alakaboo wrote:Any reviews from people with figs?
P.S. If you are looking at ordering a Buell Wetsuit, don't do it through the website for the time being, there is a bug in their website.
Contact them by email and/or try to phone them, some 17 hours behind us.
Have had quick email responses to problems with an order through their website, but no resolution yet. Will keep informed.