Rising rents suggest some Australian retailers aren't up to it

By Michael Pascoe
Updated January 28 2015 - 11:08am, first published 2:07am
Foreign stores like Zara have helped push rents beyond the reach of some local retailers.  Photo: Edwina Pickles
Foreign stores like Zara have helped push rents beyond the reach of some local retailers. Photo: Edwina Pickles
Foreign stores like Zara have helped push rents beyond the reach of some local retailers.  Photo: Edwina Pickles
Foreign stores like Zara have helped push rents beyond the reach of some local retailers. Photo: Edwina Pickles
Foreign stores like Zara have helped push rents beyond the reach of some local retailers.  Photo: Edwina Pickles
Foreign stores like Zara have helped push rents beyond the reach of some local retailers. Photo: Edwina Pickles
Foreign stores like Zara have helped push rents beyond the reach of some local retailers.  Photo: Edwina Pickles
Foreign stores like Zara have helped push rents beyond the reach of some local retailers. Photo: Edwina Pickles

Consumer confidence is weak, real wages growth is flat or negative, and the usual retail suspects continue to claim online shopping is eating their lunch and that penalty rates are breaking them.

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