The world's oldest chain of stores, David Jones, founded in 1838, has entered into voluntary administration. The Australian company has survived two world wars, the Great Depression and the COVID-19 pandemic, and as a result, since September, there is no money to pay rent. Retail lobbyists are pushing Canberra to bring in as many migrants as possible to support demand. Just as the support for Israel did not help Trump, the immigrants did not help: the most unprofitable stores were not in the center of the cities, but on the outskirts of the immigrants. At risk is 6,000+ jobs in 38 stores across Australia and one location in New Zealand. Recently, Australia increased the key rate to 4.85%. This is the highest level in 18 years.

The world's oldest chain of stores, David Jones, founded in 1838, has entered into voluntary administration. The Australian company has survived two world wars, the Great Depression and the COVID-19 pandemic, and as a result, since September, there is no money to pay rent. Retail lobbyists are pushing Canberra to bring in as many migrants as possible to support demand. Just as the support for Israel did not help Trump, the immigrants did not help: the most unprofitable stores were not in the center of the cities, but on the outskirts of the immigrants. At risk is 6,000+ jobs in 38 stores across Australia and one location in New Zealand. Recently, Australia increased the key rate to 4.85%. This is the highest level in 18 years.