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we need a trump in Australia to ban chinese importOrangeNugget said:bLame china
and people who buy chinese
(which is everyone btw)
google is skynet, but i agree with the rest of your statementOrangeNugget said:yep truth is the government in australia has become a machine. serving only to protect itself . a skynet if you will. no longer serving the people as its supposed to do. its investing in itself to rob you more and more.
mbasko said:I don't believe any "downturn" had a great deal to do with it.
Mudgee is one of the busiest & one of the most prosperous towns in Central West NSW if not the most prosperous. The drought is having an impact but Mudgee has many strings in it's bow - tourism, wine, mining, agriculture, tree changers etc.
Speaking at the shop last week there were a number of things that lined up to ultimately lead to the decision. CWPS was one of the leading east coast Minelab distributors & I believe was awarded #1 shop last year. I'd assume their Australia wide online sales would have been a fairly major part of their overall sales.
Some of the things that led to their decision:
- Had been for sale since around May 2017 but hadn't sold https://www.prospectingaustralia.com/forum/viewtopic.php?id=21919
- Lease expired leaving them without a shop. The owners of the building are moving their business office front there. A new shop would have been more than double the current rent (retail property is expensive in Mudgee).
- Owner lives in Victoria & has a property + other business interest there. Long commute for any issues, checking on things etc.
There were also other factors.
Sometimes there are many other reasons businesses close apart from going broke or untenable downturns.
It's a real shame to see they thought closing was the best option as CWPS was a real bonus for the town, not just as a shop front but they were also community involved in a lot of things (i.e. organised Cooyal Gold Festival) as well as sponsors + contributors for broader area events.
Wishing them all well for the future :clap:
There is talk that a business closer to Newcastle may take over the authorised Minelab dealership? Time will tell.
goldwright said:Australia continues to make it so hard for small to medium businesses. Been in Business for nearly 20 years now and just my safety expenses in the last 5 years alone has gone from 2ish% to nearly 8% out of my margins. Carbon tax was introduced eletricity bill went from 3% to 6% and even after tax was removed still paying more no reduction, just the QBCC alone this year cost $1000 as they now want smaller business to have financial audits for what reason, who knows. Trump might not be popular with the masses but reckon business owners would love him.
Sad to see another business close down
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