- Joined
- 20 July 2021
- Posts
- 11,673
- Reactions
- 16,260
the roundup might be a while , the two cattle dogs are only nine weeks old , and they don't get to practice on the lone hen
the roundup might be a while , the two cattle dogs are only nine weeks old , and they don't get to practice on the lone henAnd a sprinkle of Roundup
So basically they are saying everything went down big time except for Grocery items and restaurants (which of course use grocery items).Australian retail sales increased 2.6% in April compared to the same time last year – but most retail categories have experienced double-digit declines – according to the latest Mastercard SpendingPulse™, which measures in-store and online retail sales across all forms of payment.
The total growth was driven by Grocery (up 8.5%) and Restaurants (up 8.0%); the only categories to record growth in April, year-on-year.
With cost-of-living pressures impacting spending there were double-digit spending declines across all other categories: Jewellery (down 21.1%), Home Furnishings (down 17.5%), Electronics (down 15.9%) and Lodging (down 14.8%).
Apparel (down 9.1%) and Fuel and Convenience (down 8.9%) also saw decreases in spending compared to April 2022.
Australian Retailers Association CEO Paul Zahra said, “the results suggest the country’s cost-of-living crisis is now deterring retail spending”.
“Most categories are recording significant declines now compared to 2022, with households across Australia saddled with mounting cost-of-living pressures and consecutive interest rate rises,” Mr Zahra said.
“We believe that April’s sales growth is predominately driven by price increases on food essentials which make up the lion’s share of retail spending.
“Most retailers thrived last year, with low interest rates and high household savings leading to robust spending growth. It isn’t surprising to see these declines today when compared to a successful period in 2022.
“With discretionary purchasing slowing significantly, it will be a challenging environment for businesses – especially those on tighter margins. Retail businesses are simultaneously battling rising operating costs associated with increasing cost of debt, fuel, energy, labour, supply chains and rent.”
Probably Jaguar as a selective and a kill all RoundupSpeaking of which, whadaya reckon for capeweed?
Yeah, round here, lululemon just closed.Local Harley Davidson shop is doing it tough.
Sales have dried up.
Not so good for the nags, especially if insulin resistant.Though capewood, aka dandilion is a good dry summer feed. The cattle love it.
Sure fire ( metsulfuron methyl ) should work well on capeweed.Probably Jaguar as a selective and a kill all Roundup
Things people can delay purchase of are down and things people don't actually need at all, like jewellery, are down even more.So basically they are saying everything went down big time except for Grocery items and restaurants (which of course use grocery items).
The big losers were the big ticket items.
Paying ridiculous prices for materials. I might import a bunch of stuff.Well things must finally be slowing down, one of the tilers I asked for a quote (and I asked everyone that advertised locally) finally said he will re tile the shower, where I had to repair a burst pipe in July 2021.
That's not bad nearly two years to get someone to do a small job, even so to replace strip the 1m sq shower recess which has two walls and reuse the existing screen and door, is $3k.
So obviously not many tilers have come in with the 700,000 skilled immigrants and forced down wages. ?
Now I just have to hope he comes back and does the job, I have had heaps say yes i'll do it and never turn up.
Plenty are. ? ? ? ? just joking.Paying ridiculous prices for materials. I might import a bunch of stuff.
Maybe just so that you feel special @Smurf1976 ?I've noticed that any company that direct debits a regular payment now seems to be routinely sending a "reminder your account will be debited in x days" email or text before doing so.
I've never had a direct debit declined so I assume it's something they're just sending to everyone, presumably because there's an increase in debits failing?
Assumptions there but it's a change, they haven't always done that.
Same for regional NSW Bowral last week on a Wednesday around 7pm. Streets were lined with cars. Restaurants were full with oldies, also above 40 years old.Just went to one of the top..dear for the frog.. restaurant in Noosa last night.own little celebration...
Shock full.midweek,out of holiday season.surprising but this is Noosa
Have to say : hard to spot anyone below 40y old in the restaurant but that might always be the case....
We had our work conference in Bowral a few years ago.... midweek. Anyway, after a (good) pub meal we went to the bar. There was a singer guitarist.... A good evening, the boss slipped him a C to play on and into the night we partied on, with the regulars. Midnight, and we all spilled out. Us out-of-towners said, "is it like this all the time". Locals laughed , nope!Same for regional NSW Bowral last week on a Wednesday around 7pm. Streets were lined with cars. Restaurants were full with oldies, also above 40 years old.
Other than ASF, oldies are an anomalyHaven't noticed the old people thing before, so it stood out as an anomaly.
Seeing a few retail businesses shut down in high traffic areas
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?