FOR MOST Australians, and indeed in other parts of the world, this will surely be the most astonishing period of their lifetime. According to reports, one in four Australian workers will lose their job. And some will not be eligible for JobKeeper.
With retail outlets closing or winding back non-performing stores, the opportunity to spend any redundancy money is fading fast. Anyway, that cash would be better reserved for a rainy day; and it’s pouring now.
Retail groups such as Myer have temporarily closed up, but are apparently doing a roaring trade in on-line orders. Others, like the Target group, enjoyed initial success with on-line orders, despite most outlets being allowed to keep their doors open. That looks like it’s coming to an end, with Target pinpointing stores that are…
