Ann: 2015 Shareholder Review, page-8

Benign is hardly a word I would choose but sounds good for my wee small holding in WFD. If Australia is coming out of a GNI double-dip recession, SCG might have been the better stock to hold but I am sticking with WFD.

Australian retail is too fickle & prone to hissy fits due to China or the weather or whatever other bearish signal the Australian public can co-opt for itself, thinking that the rest of the world is to blame for its own financial crisis.