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1.Market Observations

21 Feb 2014 (AFR) – Ripples from mining slowdown spread beyond resources

(21 Feb 2014, AFR, p23, James Thomson)

‘The end of the mining boom is casting a long shadow over the interim profit reporting season – but it’s not just miners and mining services firms that are feeling the pain. On Thursday morning, retailer Super Retail Group revealed that the resources slowdown has buffeted its BCF (which stands for Boating, Camping and Fishing) chain, as cashed-up mine workers in regional areas close up their wallets. The pressure on Super Retail’s leisure division is such that its managing director will retire in July.’

Read more at AFR.com (might need AFR login access)

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