This week on the Chanticleer podcast, Anthony and special guest companies editor Vesna Poljak look at the ACCC’s latest target, discuss what makes an elite CEO and make predictions on earning season’s likely themes. gone after Qantas, she’s gone after Woolworths, and both have suffered big brand value , even if they think they didn’t do that much wrong.
For example, one of them they looked at was, say you buy a fridge. It’s not until after you’ve already purchased the fridge, and get the voucher, that you’d see that it expires in seven days or 10 days. So we’re seeing the ACCC go after a lot of things at the moment. What’s stitching it all together? I asked Gina Cass-Gottlieb, and she said it’s the cost-of-living crisis, it’s higher inflation.
He’s just drilled this into my head, industrial companies have three levers: cost, price and volume. Everything comes down to those three things – how much you produce, how much you pay to produce, and then how much you sell it for to the customer.The other thing is, put yourself in investors’ shoes. You want to see a CEO who owns stock, and not just owns stock, but wants to own it, wants to own more.