I work at one of the US bank in Sydney. Our Ceo wears scuffed square toed shoes with 2 seems running form either side. He is at over5/6 mill a year easy. Drives Porsche carera 911 turbo convertible. I see him time to time in lift . I have only seen him the same pair of shoes every time!! Most guys at work has only one pair of black square toe shoes .Bottom line is clothing/shoes are kind of a hobby. Most people in Australia just don't care.