Dick Smith to shut up shop

Golightly said:
I would happily pay an extra 50 cents on something, for me it's thongs like the choc chip cookies having beef fat in them that turns me off.

Dat feeling of choc chip cookies and beef fat in between your toes.
 
He just needs better marketing and packaging. Get rid of his head off the label.. maybe ?
 
I still buy his peanut butter and other things intermittently, when we can get them. Sad to see the brand go.

But if everyone insists on buying the inferior Colesworths branded stuff and the small manufacturers go out of business, the Australian public only has itself to blame.
 
AngloSaxon said:
...

But if everyone insists on buying the inferior Colesworths branded stuff and the small manufacturers go out of business, the Australian public only has itself to blame.
I've been trying but Coles just replaces stuff with their own brand so there's no choice!!!!!
 
Dick is a prophet...he was sent to show us how it might have been, had we not been seduced by advertising ...the hand maidens of global business.

I hope his entrapreneurial (damn the spelling) brain is working on something new to stir the pot :)
 
DS does make a good point about Australian wages. They're simply too high and there's too much red-tape involved. In my opinion they're high because Australians have over-capitalised on real estate via the debt boom. And now we're paying the price by being uncompetitive.
 
does our real estate have to bust so that prices of things will fall ?

isnt that the rba is fighting against currently ?




willrocks said:
DS does make a good point about Australian wages. They're simply too high and there's too much red-tape involved. In my opinion they're high because Australians have over-capitalised on real estate via the debt boom. And now we're paying the price by being uncompetitive.
 
long88 said:
does our real estate have to bust so that prices of things will fall ?

isnt that the rba is fighting against currently ?




willrocks said:
DS does make a good point about Australian wages. They're simply too high and there's too much red-tape involved. In my opinion they're high because Australians have over-capitalised on real estate via the debt boom. And now we're paying the price by being uncompetitive.

Australians will not stand for a drop in real estate (as they have all bought in) or a drop in wages (because they're all "Aussie battlers", even those poor families on $250k+). Politically, you'd be much better off inflating away the value of a dollar to make the country more competitive.
 
petey said:
long88 said:
does our real estate have to bust so that prices of things will fall ?
isnt that the rba is fighting against currently ?
willrocks said:
DS does make a good point about Australian wages. They're simply too high and there's too much red-tape involved. In my opinion they're high because Australians have over-capitalised on real estate via the debt boom. And now we're paying the price by being uncompetitive.
Australians will not stand for a drop in real estate (as they have all bought in) or a drop in wages (because they're all "Aussie battlers", even those poor families on $250k+). Politically, you'd be much better off inflating away the value of a dollar to make the country more competitive.
If we inflate away the value of the dollar relative to other currencies, housing prices will explode upwards as offshore investors pile in.

Australia can keep pumping prices, restricting supply, pumping population growth and selling off the country to the highest global bidders for a long time to come. Will it eventually break spectacularly? Very likely. But people shouldn't count on a crash any time soon. Not sure what this means for the economy over the next several years though.
 
SilverPete said:
Not sure what this means for the economy over the next several years though.

It begins with 'Stag' and ends with 'ion'.

stagflation.jpg
 
Back
Top