I don't think we are expecting to face increased competition from Myer. We faced the fiercest competition from Myer when they were part of Coles Myer.

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As the process progresses, should our interests align, there's a possibility that something might occur. But I think it's too early to say if there's a deal structure that might come out of that.

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We're a friend to everybody at the moment.

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We've never taken a view that it's about staff cuts or redundancies.

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When household budgets tighten up women continue to buy for themselves. It's happening now.

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That's as you would expect between two great competitors. We had Elle Macpherson counting down and ringing the clearance bell, and they had people scrambling into their store.

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