We are now thrift store converts. You can buy some really great clothes at a fraction of the price and in most cases, contribute to the many charities who run the stores. The biggest hurdle is getting over your own preconceptions.
Some sobering news this morning with figures showing an increase of home repossessions (foreclosures).
In New South Wales, some 300 homes are being repossessed every month despite huge falls in interest repayments.
About 20,000 mortgages are now over 90 days behind in repayments.
smh.com.au reports:
A GROWING number of NSW residents are on the cusp of losing their homes [...]
I read an interesting article this morning about a small Australia lingerie company, aussiebum who is riding high on the back of lingerie giant, Bonds who recently revealed financial troubles and a planned move away from Australia.
Wesfarmers, owner of retail groups including Coles and Bunnings plan to employ more staff this year, bucking the trend seen by other sectors.
This comes after an earlier announcement that Woolworths group (grocery store chain) plans on hiring around 7,000 people in the second half of 2009.
thewest.com.au reports:
Coles owner Wesfarmers plans to hire more employees this [...]
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