Retail shopping is controlled by the 3 W's.
Woolworths, Wesfarmers and Westfield.
Shop there or shop where?
Once they have squeezed out all the small operators, with their predatory pricing, they put their prices up enormously.
Just look at fuel. Between Coles and Woolworths they...
Re: MTS - Metcash
The board has recommended that Metcash is their preferred option.
Shareholders still have to vote on this. It is not a done deal yet. The votes will be finalised by the end of March 2010.
They shareholders still have to be sold on the idea of why they should accept...
Re: MTS - Metcash
From my knowledge, Mitre 10 stores are ALL individually owned. Mitre 10 is only a marketing group, that has a wholesale warehouse to supply stores.
It is exactly the same model as Danks, that has been purchased by Woolies.
These stores are in no way franchised, nor company...
Re: MTS - Metcash
Interesting move on Mitre 10. Wonder how that will pan out?
Mitre 10 seem to be carrying a lot of debt. What will this play do to the Metcash share price i wonder
We sure do have a water management problem.
How many houses have large spa baths in their homes? Lots I reckon.
How many people have to do an unnecessary load of washing every day? Lots I reckon.
How many people spend way too long under the shower? Lots I reckon.
That said, it is still...
Where is this going? A ban on bottled water. Great.
From my own perspective, I travel a lot, and in the summer when I want a cold drink, I prefer not to drink the liquid sugar stuff.
In a lot of places, the town water is so heavily laced with chlorine its undrinkable. And I'm not sure how...
We have lived in a state forest for the last 15 years, and always believed that we would stay, because we had a "fire plan".
For the first time in 15 years we were genuinely frightened last Saturday, before we even knew what was happening at Kinglake & Marysville. It was just one hell of a...
We can all say
"there but for the grace of god go I".
It could have been just about anywhere in Victoria that these fires occured. It has been so dry and so hot for such a long time, that one spark and anything could go up.
It all very well to say the building code has to change in "fire...
When they first came onto the scene, I thought they were pretty brash. But you know, they are really gracious, and good players to boot.
Not sure what it is that upsets some people about them.
They are very religious, maybe its that.
OK, maybe not many of you are going to agree with this, BUT, as far as acting ability goes, there are none better at the moment than Russell Crowe.
His acting ability is astonishing, and at first I was not a fan, but I have come to appreciate his fantastic acting ability.
It was a great shame...
I tried to instill a different idea with my children (now at Uni). Paid them in 2 equal sums during the year. It was equivalent to $10 per week, but I paid $250 at a time.
It was a great way to teach them how to budget, but gave them the opportunity to buy something specially big if they...
My son does not even qualify for YA, due to the fact that he went straight to uni from school, and his parents earn over $55k in total. Its not a breeze when he has to live away from home and we pay all his expenses, rent etc, plus keep 2 others at private school. We play plenty of taxes, but...
Re: Lifeline
I was feeling depressed tonight,
So I called Lifeline
Got put throught to a call centre in Pakistan
Said I was feeling suicidal.
They asked me if I could drive a truck!
Like most others here I am holding. There would appear to be some absolute bargains there this morning, especially amongst the banks. Just asking myself at what point should I buy in. Their fundamentals are still excellent, so it would appear that they are oversold. May be back in this arvo
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