Up 1.4%, but with a little help from some...

  1. 117 Posts.
    Up 1.4%, but with a little help from some discounting-

    http://www.theaustralian.com.au/business/industry-sectors/slashing-margins-to-boost-sales-an-unsustainable-strategy/story-e6frg9h6-1225817398792

    Keep your eye on retail. It's another industry/market that has reaped the benefits of the credit boom. When spending goes into reverse expect retail job losses.

    I don't believe I've ever seen our economy so highly strung and sensitive to to just the slightest sideways or downward movement. Surely there can't be too much more room to move.
 
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