The state is relying on unrealistic growth forecasts and overly optimistic gst allocations. We are going to hit a $1b deficit forecast and I'm saying now its going to be worse than that. The hospital will be the last major state project for a while. Massive structural and financial changes need to b...

This is a simplistic way of looking at it; to think that it's justified to spend unlimited amounts of government $$'s (= your money) on something just because it's for a cause that most people agree is a good one, is a dangerous policy. All public expenditure should be carefully scrutinized and wei...

The hospital is going to be great. But really the cost of this is freakig huge and will leave a sour financial legacy for many a year.

And an interesting point is that Westfield posted a great profit result last year... But the fine print read that sales DECREASED in their malls last FY. Unsustainable in high turnover, low margin centers like westfield

Non of these westfield expansions are going to occur in the current retail environment. As I have said before, Westfield locks most of its tenants into 5-10 year contracts, 5% increases yearly. Westfields rents are HUGE. Factor in increasing wages, the increase to super (from 9 to 12% with now no cu...

We often hear on these forums how the flagship Rundle Mall Myer department store is 'struggling' and 'making a loss'. Here is the truth. Hopefully we can put these negative rumours to rest just like those that say 'Rundle Mall is dying'. From the Advertiser: Myer hails Adelaide stores as perfect sa...

Large retailer moving into the huge ex borders site. Book shop is closing by the end of the month.

I have heard that some of the owners were made aware that the company had been approached by developers. HQ has a number of different owners apparently. I would imagine that the new market would be retained as a pub. Also note that there is a 8-10 storey building just down the road (ipad or something)

Have heard a credible rumour (maybe its been reported), that the HQ owners are in talks to sell their site to developers (hotel presumeably because of the new hospital?)

The site that everyone thought MIGHT be apple.....is for lease. Looks like they bit the bullet and redeveloped without a signed tenant.

Ouch.


Also I have heard strong rumours that the Myer centre and Myer itself is losing HUGE amounts of money. Wheres the end game for this centre?

Sickening. It also shows the ridiculous amount of money these centres make. Hows the profit margins and retail sales growth going in Australia. Keeping up with those 5% factored in rental increases. lol.

Bubble....about to....burst.

The firm who designed this building should be blacklisted. For eternity.

Oh dear...

http://www.adelaidenow.com.au/news/sout ... 6193658476

Another day another preacher filled mall. Sales drop by thousands around the sites of these protests. I know acc staff read and post here. Forget about talking about pretty sustainable offices and special trees and do something about this. As I have said before you are pissing all your hard work bui...

lol at Mr shahin. We will have KK now our lives are complete! For mine I would rather a competitive service station market in adelaide, instead of the monopoly which we now have. How the takeover of all the Mobil sites this year was approved ill never know?