The Forum > General Discussion > The Ford shut down
The Ford shut down
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I am afraid this may well be just the tip of the iceberg, as many businesses out ther are doing it really tough.
In fact, many are behind in their rent, that's if they are paying rent at all.
Retail is one of the hardest hit sectors, tourism and manufacturing as well, with many land lords trapped in the 'dammed if you do, dammed if you don't sinario, as, if they boot thier tenant out, they are often left with an empty shop, or, the incoming tenant is not paying rent either.
In fact, her in QLD, some LL's are starting to see the big picture and are slashing rents by as much as 50%, adopting the view of 'something is better than nothing'.
Now while that may seem like the way to go, many of them are also finding it hard to meet commitments, as rents for are their only source of income.
So when the likes of Ford are let down by a supplier this must play heavily on the minds of the brains trust, especially when it comes to major business investments.
As I warned four odd years ago, when the government effects both business and consumer confidence, look out. Well, they have done just that.
They have effected confidence in a number of ways.
First, was the new IR laws, which for many are unworkable.
Then, Mr Swan was out there telling us for so long what great shape we were in, only to now tell us, only a few months latter to brace ourselves.
I am afraid that this Ford situation may not be an isolated case.
To be the best, as Mr Swan see us, we don't have to be good, just better than the rest.
Of cause, we still have the soon to be introduced CT and the fuel rebate reversal for business to swallow.
So, for those with blinkers on, do you still think all is rosy?