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“In the same way that the smartphone didn’t make the laptop go away, I don’t think our first thing [the new device we will release] is going to make the smartphone go away. It is a totally new kind of thing.”
New Zealand
“Since our interim results, our businesses have seen no significant improvement in market conditions, with market volumes continuing to be challenging due to macroeconomic uncertainties and the lack of any material momentum in the recovery of New Zealand’s economy.” Market Statement, Fletcher Building Ltd
Engineering & Project Management
So what we're seeing is more and more of our customers adjust the risk profile that they're willing to go to market with and move away from lump sum turnkey EPC [engineering, procurement & construction] projects and move to a low-risk appetite or low-risk profile that fits with our appetite.” Chris Ashton, CEO, Worley Ltd
Corporate Sector
“If you think about the macroeconomic environment, rates in most countries, if you think about the tariffs and the disruptions to supply chains, the expenses going up for supplies, etc, for businesses what we're seeing is that they're very focused on reducing their expenses, on having more controls on spend, on releasing working capital.” Raj Seshadri, Chief Commercial Payments, Mastercard Inc.
"Before asking for more headcount and resources, teams [at Shopify] must demonstrate why they cannot get what they want done using AI. What would this area look like if autonomous AI agents were already part of the team?” Tobi Lutke, CEO, Shopify Inc.
Flame Retardants
“While trends are generally improving, some of our key flame-retardant end markets such as electronics and especially building and construction are still somewhat subdued.” Elad Aharonson, CEO, ICL Group [one of the world’s largest fertilisers & flame-retardant manufacturers”
Beverage
“Certainly, the uncertainty in the U.S., but we also see a lot of uncertainty still coming out, particularly in places like APAC, and we are seeing some down trading in APAC as well as Europe, I would say, in general, it’s just an uncertain environment. We're performing well with Guinness.” Debra Crew, CEO, Diageo Plc [drinks conglomerate inc brands Johnnie Walker, Smirnoff and Guinness]
Stock Exchanges
“Australia punches well above its weight in the number of companies that it introduces into the public markets every year, and it’s our sense that there is a real desire for a competitive alternative.” Richard Carleton, CEO, Canadian Securities Exchange
Retail Stores
“Retail is in the detail. All the way to: which way does the cupboard open? How high should the counter be? And how wide should this fixture be?” Brett Blundy, Chair, Lovisa Holdings Ltd
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Fertility
“The revised guidance reflects the Company’s assessment of softer market and operating conditions in March 2025 that worsened in April 2025 across all of the Company’s geographic markets.” Market Statement, Monash IVF Group Ltd
Agriculture
“A significant fall in fish oil prices negatively impacted margins for omega-3.” Market Statement, Nufarm Ltd
“While the outlook for global beef sales is uncertain, the demand for Australian beef is expected to remain strong, particularly in AACo’s key markets - Korea, North America and Europe where local supply is contracting.” Market Statement, Australian Agricultural Company Ltd
Employment Market
“The decline in job ad volumes has continued to stabilise in recent months and this trend is expected to continue” Market Statement, Seek Ltd
Consumer Confidence
“We have not seen any attenuation of demand at this point [due to tariffs] … We also haven’t yet seen any meaningful average selling price increases.” Andy Jassy, CEO, Amazon.com Inc
Iron Ore
“That choice is getting made now, and so we don’t have any time to lose to have an iron ore industry which is going to deliver what the customer wants, which is green metal [iron ore produced using renewable energy sources]. They want that green metal, and they’re going to get it from us or somewhere else.” Andrew Forrest, Chairman, Fortescue Metals Ltd
Combustion Engines
“We are also firm believers in the combustion engine going forward. As a matter of fact, 2024 was our record year. We have never ever invested so much in combustion engine development.” Lars Stenqvist, CTO, Volvo Group
China
“On our platform, inbound bookings increased by around 100% year-over-year with hotel bookings from key visa-free countries in APAC surge by over 240%...This momentum has been supported by favourable policy changes. The 240-hour visa-free transit policy introduced in December allows travellers from 54 countries to stay in China for up to 10 days and expands eligible entry and exit ports to 60 across 24 provinces, significantly enhancing accessibility.” Jane Sun, CEO, Trip.com [China’s largest online travel agency]
Aircraft & Domestic Travel
“The 2 big manufacturers, Boeing and Airbus, are well behind on their aircraft deliveries.” Michael O’Leary, CEO, Ryanair Holdings Plc
“We have continued to see subdued domestic flight bookings for the first 6 weeks of FY26 trading.” Katrina Barry, CEO, Webjet Group Ltd
Technology & Devices
“In the same way that the smartphone didn’t make the laptop go away, I don’t think our first thing [the new device we will release] is going to make the smartphone go away. It is a totally new kind of thing.” Sam Altman, CEO, OpenAI
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