IMO the Drag on retail in general is the High desirability of newer Cars for the average person.
Mr Average, buys a used Commodore for 15k and has it for 3 years and sells it for 3 grand.
Mrs Average buys a hatch for 15k and 3 yrs later sells for 3k, same deal.
Young fellas get a Ute, lets say hilux for 30k, 3 years later sell for 8 k.
Thats where the Money is going, Of course rent and Mortgage takes alot out of the economy with rents going to pay landlords mortgage.
IMO the Drag on retail in general is the High desirability of...
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