Consumers are holding up better than expected,said the outspoken 85-year-old retail billionaire,with premium prices helping Harvey Norman to solid profits.
The veteran retailer has slammed Australia’s legal system,and said people won’t stop shopping at Harvey Norman as it fights allegations of misleading customers.
Harvey Norman has recorded a 4 per cent slide in revenue and a 35 per cent drop in net profit.
The house won’t be nearly visible from space like his big brother Chris’s place,but including land cost it will set him back more than $20 million.
The founder of Harvey Norman is hoping for artificial intelligence to drum up new sales for the electronics business.
In another blow to the beleaguered game,the major retailer has decided it will no longer back the sport.
This time the larrikins joined forces when Singleton spotted a colt in a paddock at Harvey’s Hunter Valley stud. A short while and $1 million later,he was in.
Gerry Harvey has fancied runners in the Australia Derby and Doncaster,but has good reason for ditching Randwick and sticking to his lounge room on Saturday.
Despite a stock price plummet,Gerry Harvey reckons his shares are the best bet in the business.
It’s the most recognisable horse sale in Australia,held under the Gold Coast sun. But the real business at Magic Millions happens in the shadows - and has the smartest minds hiding in plain sight.