Despite being constantly told over the past six months that consumer confidence is down and that we're about to lose our jobs - Australian business and the average punter have pooled $100 million in under a week for the Victorian bushfires.
Maybe we're not so tight on for cash?
This got me thinking: Maybe we're not so tight on for cash? Gen Y apparently isn't according to a few articles I've read and I personally haven't seen stark changes in lifestyle for many of my friends. Though maybe we're in denial...
Maybe we're not so tight on for cash?
This got me thinking: Maybe we're not so tight on for cash? Gen Y apparently isn't according to a few articles I've read and I personally haven't seen stark changes in lifestyle for many of my friends. Though maybe we're in denial...
Back to the fires and the business...
Those businesses who pitched $100,000 - $500,000+ into the Appeal last week wouldn't have done so if they didn't have the money. I don't think that's cynical, I think it's logical. I'm certainly not knocking anyone who's donated (my wife and I donated too) but I think that being told that we have no confidence leads us to have no confidence. Telling us we have no money leads us to not spend money, which in turn slows profits and causes employers to lay off workers.
A number of my friends lately have been personally affected by job losses through lack of action in the economy - but is it all linked to an unfounded belief in a lack of cash, which we've proved this week IS out there?
A number of my friends lately have been personally affected by job losses through lack of action in the economy - but is it all linked to an unfounded belief in a lack of cash, which we've proved this week IS out there?
Maybe these bushfires will spark a sense of confidence and hope amongst us that will drive Australia through the gloom.
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