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SBS On the Money: Woolies CEO quits & real wages turn positive

Author
SBS Audio
Published
Wed 21 Feb 2024
Episode Link
https://www.sbs.com.au/news/podcast-episode/sbs-on-the-money-woolies-ceo-quits-real-wages-turn-positive/xjju0mmzr

Woolworths CEO Brad Banducci is unexpectedly quitting as the company's food and supermarkets business posts a 5.4% increase in sales amid sector scrutiny. SBS Finance Editor Ricardo Gonçalves looks through the result with MPC Markets Analyst Mark Gardner, plus Westpac's Justin Smirk on the rise in wages and what it means for inflation and interest rates.

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