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Home loans made clear

DFO goes to the wall

By johnboy 16 March 2012 26

dfo

The ABC reports that McGrath Nicol is overseeing Fyshwicks DFO:

Partner Shane O’Keeffe says it may take up to six months to find a buyer for the centre.

“We’ll run a very orderly campaign, it’s not a quick fire sale of the premises. We’ll seek a buyer over the next three to six months,” he said.

“There are buyers interested in these assets and there’s a good market for that at the moment. So we’ll shortly go out for expressions of interests and we’ll appoint an agent to assist us with the running of that sale.”

For not it’s business as usual.

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DFO goes to the wall
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Erg0 10:17 am 19 Mar 12

Thoroughly Smashed said :

Funny that, after Nikon’s recent threatening statements regarding firmware support for parallel imports, something which can only end badly for them.

Indeed. It seems to have taken them an inordinate amount of time to realise that their days of tight control over the local market are well and truly over. Judging by the above link, they also don’t seem to hold the intelligence of their customers in particularly high regard.

Thoroughly Smashed 9:58 am 19 Mar 12

Erg0 said :

Interestingly, Nikon Australia have dropped their prices significantly in the last couple of weeks, in part because JB Hi Fi made a fairly strong statement by selling parallel imported SLRs on their website. Hopefully a sign that the manufacturers are starting to realise the futility of fighting the future.

Funny that, after Nikon’s recent threatening statements regarding firmware support for parallel imports, something which can only end badly for them.

Erg0 9:35 am 19 Mar 12

Interestingly, Nikon Australia have dropped their prices significantly in the last couple of weeks, in part because JB Hi Fi made a fairly strong statement by selling parallel imported SLRs on their website. Hopefully a sign that the manufacturers are starting to realise the futility of fighting the future.

Clown Killer 10:13 pm 18 Mar 12

My understanding is that for warranty, the applicable law is that where the transaction occurred – in the case of online purchases that’s where the supplier is based (despit the fact you provided credit card details etc. in your own home). General rule should be, if you can’t afford to blow off a grand here or there on something like camera gear then online may not really be the cheapest option.

I agree with JB though on retailers strategies. As a rule I couldn’t be arsed purchasing anything at ‘sales’ as its simply far more convenient to pay full price and get the undivided attention of a sales person eager to make a sale. Calling ahead and making an appointment to have a specific sales person attend to your needs at an appointed time is the best way … sure many businesses don’t offer this service, but that’s probably why I don’t bother spending money with them either.

Thoroughly Smashed 4:47 pm 18 Mar 12

“Grey imports” is also the wrong term. They’re parallel imports.

johnboy 3:50 pm 18 Mar 12

The big reason to buy from a store rather than online is going to be expert advice.

Retaillers are going to have to think very, very hard about that!

Opening a shop in a big mall and staffing it with bored teenagers is going to be deader than disco.

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