![The home ownership dream may never become a reality for some sections of the market.](/web/20160917014940im_/http://www.smh.com.au/content/dam/images/g/p/d/2/g/o/image.related.landscape.460x307.grht56.png/1474016735153.jpg)
The house price souffle is rising again
The first two weeks of spring have brought with them an ominous threat - that house property values are getting a second wind in the already blustery property market.
Elizabeth Knight comments on companies, markets and the economy.
The first two weeks of spring have brought with them an ominous threat - that house property values are getting a second wind in the already blustery property market.
If all goes according to plan, Myer's sixth year of falling profits should be the last decline for the retailer, which is now 12 months into a much-heralded revival plan - which ironically involves shrinking its way to better performance.
The demise of retailer Dick Smith has helped pave the way for a new giant in home appliance and electronics retailing through the $870 million union of JB Hi-Fi and The Good Guys.
The more than $30 billion plunge in the value of Australian equities on Monday will make a dent in all our investments and super funds and result in an understandable degree of panic.
The scorecard in the Dick Smith game of deception versus incompetence is a hard one to read.
What do Australians that haven't seen a decent pay rise or whose wages are moving backwards spend their money on? It's turning traditional retail theory on its head.
Just why would Dick Smith have acquired something from a supplier at 98¢ and sell the same thing back to the supplier at 78¢?
There have been so many false projections that most could be forgiven for consigning NBN to the too-hard basket.
Woolworths shares are now the ultimate punt for investors.
There are a lot of moving parts that make up the performance of monster conglomerate Wesfarmers but there are only a few that really make a difference.
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