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Service is a big killer with discretionary spending. I walked into a store on the weekend and stood at the counter in a friendly manner (just wanted to ask a question). There were two staff behind the counter having a gossip. Both glanced at me but didn't acknowledge I was there, and...

There is a lot of blame on online retail - but I personally don't agree. Yes, online has increased - but not "that" much. I feel that confidence is down and people are just "making do" with what they have.

Was watching a doco last night (totally unrelated) on the USA journey to go to the moon - thru the words of the, now very elderly, astronauts who took part. A snippet included JFK's epic and inspiring speech and couldn't help but think "we sooooo need a leader in this country like that"...

It's the same at our local Westfield - with Coles, Woolies, KMart, Taget and DJ's as major tenants. Two years ago you couldn't get a park. Now it's take your pick outside the front door, at any time of day. There are a few people floating around - but I noticed very little spending (ie, no...