A lot of smaller businesses are making people redundant and even large businesses have frozen new hires. Spending is being slashed everywhere.
I’ve had a lot of people tell me that they want something but don’t think it’s a good time to buy stuff. My response to them has been that they should. That if everyone man, woman and child in Australia (or any other country) went out and spent $100 each on something nice for themselves it would solve all our economic woes.