"IMO the message for retailers who have profiteered for yonks on the back of massive markups is that the Aussie consumer is carrying a lot of debt & can't keep doing that just to keep you in business"
Not having a shot at you as everyone me included goes for value, not necessarily cheapest price, but don't forget retailers have wages bills, power costs and rent and government red tape that the Chinese businesses just don't have to worry about.
As more and more purchases go overseas expect more job losses to occur here, until people transition into industries we do well ie mining etc.
