This article appeared in a local newspaper a couple of days ago: And here I was considering a move across the ditch to Melbourne. Bad timing?
While I would say that the economy isn't the best it can be right now I wouldn't take this guy's drivel as gospel. Manufacturing hasn't been an 'east coast thing' for quite a while, it's become quite serviced based especially along the coast. Not to mention QLD floods. Also he's an idiot because he doesn't know that there is no such thing as deep recession. There's recession and there's growth. There has been no real decline yet, so not even one quarter let alone two. What a joke this guy.
Things are nasty on the goldcoast, for lease signs plauging the commercial areas , now all we needs is another tax to push us into a depression.
Methinks he doth protest too much! Just sounds like he's trying to communicate with shareholders and customers that aren't happy with his performance. The corporate equivalent of yelling from the rooftops "It's not my fault!" and while it's in pretty poor form, it's not unexpected from the 'types' in this line of work. 'Nyar nyar nee nyar nyar'....Someone's losing market share !
He is perhaps pointing out the obvious - that the incompetent, corrupt lightweight that calls it self "Prime Minister" continually bleats something about "resources boom" while being completely ignorant that the country's biggest employer is small business and that retail is suffering severely, and that businesses across the Eastern side are cutting staff hours on a huge scale.