Parramatta. Restaurant takings down

Wah Lee, owner of the Istana Malaysian restaurant, in Church Street, said turnover was down about 10 per cent over the past six months, indicative of Citigroup research showing that retailers most susceptible to “trading down” were café, restaurants, department stores and newsagencies. “When the downturn comes, restaurants are the first to get affected because it is a luxury,” Mr Lee, said in The Australian Financial Review.