“At a certain price during the day, when the price goes up to a certain level, manufacturing stops. Because we’ve worked out economically, it’s actually better to have thousands of people waiting idle for the prices to come down than actually do the work”
Banks & Mortgages
"We anticipate continued revenue and margin pressure in FY 2024 from slower credit growth and competition. We anticipate that mortgage pricing across the market will need to adjust at some point to provide returns above banks' cost of capital” Patrick Allaway, MD, Bank of Queensland Ltd
Retail
“About 40% of consumers had a waist size change coming out of the pandemic” Chip Bergh, CEO, Levi Strauss & Co.
Food & Beverage
“We’re definitely seeing that people are buying products that help replicate an experience they may have got by going to a restaurant or takeaway” Leah Weckert, CEO, Coles Group Ltd
“The last few weeks have been marginally softer” Steven Marks, CEO, Guzman y Gomez
“Typically when gas [petrol] prices are up and consumer incomes are stressed, you see revenue in those channels under stress as well. For Q3, we saw revenue up 5% in beverages and 8% in foods in the convenience channel” Hugh Johnston, CFO, PepsiCo Inc
Demographics
“The discretionary retail spend of millennials and Gen Z is expected to grow from 32% in 2020 to 48% by 2030. The biggest discretionary spending demographic is also our core customer and Australia’s birth rate remains relatively steady at around 300,000 births each year” Mark Teperson, CEO, Baby Bunting Group Ltd
Power Prices & Manufacturing
“At a certain price during the day, when the price goes up to a certain level, manufacturing stops. Because we’ve worked out economically, it’s actually better to have thousands of people waiting idle for the prices to come down than actually do the work” Vik Bansal, CEO, Boral Ltd
Mining Services
“The reality is that here in Australia, we are heavily labour constrained. It's a single, most significant issue here in Australia” David Singleton, CEO, Austin Engineering Ltd
Inflation
“We are seeing the structural step-up in operating costs amid increasing fuel prices, creating some near-term pressure on industry margins” Ed Bastian, CEO, Delta Airlines Inc
Medical Technology
“Fortunately, for Mach7 medical imaging is booming right now” David Madaffri, COO, Mach7 Technologies Inc
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Supply Chain & Logistics
“One of the most notable changes to the operating environment has been the improvement to pallet availability during the second half of the year” Graham Chipchase, CEO, Brambles Ltd
Property
“But what I'm saying is that the thematic that we're investing to is over time, we will reduce exposure to office and grow our exposure to the living sectors, in industrial” Campbell Hanan, CEO, Mirvac Group
“When you’re building a [renewables] project many, many hundreds of kilometres long you can’t skip a property, and we can’t afford as a community for one property to stop the big energy transition” Brett Redman, CEO, TransGrid
Digital & Personalisation
“For many years, you've heard us talk about changing the world through digital experiences. I think we modified that a little bit right now in this era of hyper personalisation to talk about changing the world through personalised digital experiences” Shantanu Narayen, CEO, Adobe Inc
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