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WA retail trapped in global net

Retail, not mining, has borne the brunt of the slowdown in Western Australia during the past 12 months, with a study of the state’s economy by the investment bank Goldman Sachs revealing a startling decline in retail jobs of more than 20 per cent.

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Perth
Possibly but retail generally pushed and enjoyed record high prices and returns on the coat tails of the mining boom, We continue to live with these high prices and resultant col pressure - with an increase in GST almost a certainty things can only get tighter..

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