Will Aussie retail be “rooned”?

  “We’ll all be rooned, said Hanrahan, before the year is out.” This line is from a famous 1921 Australian bush poem by John O’Brien. Hanrahan’s view was that ruin was a certainty, no matter the conditions. No rain meant drought; too much rain signaled either flood, or worse – grass growth and bushfire. Fast forward to 2014, and the pessimistic Hanrahan* could have been a local retailer (particularly a small one). We’ve all met the Hanrahan-type – times are always to

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