Search results

  1. W

    Is Australia facing the first recession in 20 years?

    That's because 'big' sales are on ALL the time, and people are anticipating this one will go right through till mid-year, next year :eek:. hobo, I think the big shopping malls might be doing a bit better. I think the city mall is becoming less a typical shopping strip now and parking fees...
  2. W

    Is Australia facing the first recession in 20 years?

    I think people are changing their spending habits and are thinking twice about how they make their purchases and why. What I think is happening is people are switching from bakery to $1 Coles bread (where they buy their $2 milk and $1.99 per kilo fruit and veg), cutting down on treats like...
  3. W

    Is Australia facing the first recession in 20 years?

    Friends have a bakery. They tell me business is down slightly, but this is a successful, well located bakery, that people go out of their way to go to.
  4. W

    Is Australia facing the first recession in 20 years?

    BV, I'm seeing exactly what you are here in SA. I wouldn't say it's got worse just recently (it's been like this for a while), but I think we are now seeing some of the dominos fall. My sons friend, a second year electrical apprentice, got laid off the other day along with a few of his...
  5. W

    Is Australia facing the first recession in 20 years?

    It's in a solicitor friends hands atm, and it being a freebie we haven't exactly pushed him to find out what the results of his enquires are - he was going to find out if it made any difference that this debt was owed to us well over a year before they officially went into liquidation (not...
  6. W

    Is Australia facing the first recession in 20 years?

    In the case of this building company it was mainly progress payments (they had some very large projects on the go when workers stopped mid project). We keep ours to under 8K or thereabouts, but some lost up to 60K. Actually it was unfortunate we got stung as husband is lucky to do a job for...
  7. W

    Is Australia facing the first recession in 20 years?

    Recieved our second letter from insolvency solicitors yesterday, demanding we pay back money that was paid to us within the 6 month period prior to a building company going into liquidation - apparently we are preferential creditors and we need to pay it back, so it can be distributed 'fairly'...
Back
Top