Woolworths chief Brad Banducci couldn’t give senators his company’s ‘return on equity’. What exactly is this figure, and what can it tell us about a company’s profit?

Written by The Conversation

During yesterday’s senate inquiry into supermarket pricing, Greens senator Nick McKim threatened to hold outgoing Woolworths chief executive Brad Banducci in contempt for refusing to directly answer questions about the company’s profitability.

McKim repeatedly asked Banducci for details about Woolworths’ return on equity, but the...

More Articles ...

The Power of Creative Agencies in Shaping Modern Brands

In today’s digital era, businesses are constantly seeking innovative ways to connect with their audiences and stand out in a crowded marketplace. Creative agencies have emerged as key partners in achieving these goals. By combining design, strategy, content creation, and... Read more

Understanding Your Rights Around Property After Separation
Property division is one of the most significant financial matters that arises when a relationship ends, and it's also one of the most commonly misunderstood. Many people assume that assets…
Unexpected Industry Prepping for Mad Rush in Pre-Olympic Period
Athletes are not alone in preparing for the 2032 Olympics. Brisbane is buzzing with excitement, with opportunities emerging in both expected and unexpected industries, as everyone rushes to be ready…

Understanding the Role of Hydraulic Systems in Modern Industrial Applications
Industrial machinery, manufacturing systems, and heavy equipment rely on powerful mechanisms to move, lift, and control loads efficiently. Among the most widely used technologies in these environments are fluid power…
How CIOs Can Govern Microsoft 365 Licensing Across Thousands of Endpoints
At enterprise scale, Microsoft 365 licensing is rarely a procurement problem but a governance problem. Organisations managing thousands of endpoints frequently accumulate licence sprawl, misaligned SKUs and underutilised entitlements that…

Why Material Handling Hose Systems Are Critical for Transporting Abrasive Materials in Industry
Industries that handle large volumes of raw materials rely on dependable transport systems to move substances safely and efficiently through different stages of production. Materials such as sand, cement powder…
Aligning Social, Email, and Web Campaigns with Structured Content: Building a Unified Marketing Engi…
Few modern marketing campaigns exist in a bubble. A product launch, for example, may kick off with social media buzz, continue into a targeted email campaign, and finish with a…

Delivering Consistent Brand Messaging Across Global Markets: Building Unity Without Losing Local Rel…
Global expansion is both opportunistic and complicated. As companies venture into new, international territories, they must consider language differences, cultural dynamics, regulatory systems, and consumer needs. However, localization does not…
The Importance of Reliable Bread Crates in Everyday Operations
For bakeries, supermarkets, cafes, and food service businesses, the safe storage and transport of bread is essential. A bread crate is more than just a container; it is a practical…

Prev Next

Why WooCommerce Website Developers Are Essential For Scalable Online Stores
Building an online store today is not just about getting products online; it is about creating a system that can grow, adapt, and…
The Power of Creative Agencies in Shaping Modern Brands
In today’s digital era, businesses are constantly seeking innovative ways to connect with their audiences and stand out in a cr…
Understanding Your Rights Around Property After Separation
Property division is one of the most significant financial matters that arises when a relationship ends, and it's also one of t…
Understanding the Role of Hydraulic Systems in Modern Industrial Applications
Industrial machinery, manufacturing systems, and heavy equipment rely on powerful mechanisms to move, lift, and control loads eff…
How CIOs Can Govern Microsoft 365 Licensing Across Thousands of Endpoints
At enterprise scale, Microsoft 365 licensing is rarely a procurement problem but a governance problem. Organisations managing t…
Why Material Handling Hose Systems Are Critical for Transporting Abrasive Materials in Industry
Industries that handle large volumes of raw materials rely on dependable transport systems to move substances safely and efficien…

No‑one has been prosecuted for wage theft since it became a crime. 2 inquiries want answers
Another day, another Senate inquiry – this time into Australia’s federal laws dealing with “wage theft”.W…
The court ruling in Gina Rinehart’s mining dispute reveals a lot about the nation’s inherited wealth
Matt King/GettyIn a decision described by the judge as “a half-win” for each side, mining magnate Gina Rinehart has b…
The Middle East crisis has exposed NZ to a global fertiliser shock. Where is its plan?
New Zealand and Australia like to think of themselves as food powerhouses.But right now, a war in the Middle East and China&rsquo…
Employment data shows the early signs of AI job disruption are already here
Adolfo Felix/ UnsplashThere has been no shortage of bold claims recently about artificial intelligence (AI) and jobs — from…
Will oil prices ever truly go back to ‘normal’?
The fallout from war between the United States, Israel and Iran has dominated global oil markets. And not just because the Strait…
When AI starts shopping for you, fashion may be entering a new era of pricing
Anthony Shkraba/PexelsFashion has always been a bit different to other industries. Consumers do not just buy because they need so…
Trump’s Strait of Hormuz blockade risks new costs for the global economy
Anadolu/GettyFor weeks now, the world economy has been on tenterhooks, waiting for one outcome: reopening the Strait of Hormuz.In…
This Anzac Day falls on a Saturday – and these states will be getting an extra public holiday
Raj Rana/Unsplash, CC BYANZAC Day is commemorated on 25 April each year as a tribute to more than 2 million Australians who&rsquo…
Who checks Australian theme park rides and roller coasters are safe? A risk expert explains
As thousands of people packed into the Gold Coast’s Warner Bros Movie World theme park for the school holidays on Wednesday…
Is Australia at risk of a recession? Here’s what the data actually shows
Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and sign…
How Australia’s mining sector locks women out of high-paying roles
Mining is a critical industry for the Australian economy and has the potential to offer secure, well-paid and meaningful careers…
Why Australia is right to put affordable medicine ahead of beating US pharmaceutical tariffs
From July 31, the United States will impose up to 100% tariffs on pharmaceuticals coming into the US. Some Australian-made export…
Australia’s biggest stock exchange needs tougher competition, or we all risk paying the price
Almost every Australian has a stake in how well the Australian Securities Exchange (ASX) works. Most working adults have superann…

Commercial Scaffolding Services and the Backbone of Large-Scale Projects
Large construction projects rely on more than concrete and steel to rise safely and efficiently. Commercial scaffolding service…
Common Causes of Hip Problems
You don’t have to be a practicing doctor or attending professional hip courses as part of your ongoing training for it to b…
The Benefits and Ingredients of Natural Body Lotions
Introduction In a world where self-care and conscious living has taken centre stage, the demand for natural and organic produc…
Navigating College Costs: A Comprehensive Tuition Handbook
The journey to achieving higher education can be both exhilarating and daunting. With myriad learning opportunities awaiting …
What are The Instruments Used by a Dentist During a Dental Implant?
Just like an engineer has his own set of tools, in the same way, most dentists also have their own set of instruments which a…

Rail adventure to the NSW outback
New, history-making rail adventure to the NSW outback aboard one of Australia’s most famous trains – the Spirit of Progress -…
Enjoy an Easter Break at the all-inclusive Tamassa Bel Ombre, Mauritius
Tamassa Bel Ombre, Mauritius is hopping into the Easter spirit with an exciting program of activities on Easter Sunday to put a…
Denver daily private tours
Have your forces left you and your life brings you only difficulties from constant worries? Has your ability to work decreased fr…
Mantra at Sharks
Celebrating Mantra at Sharks’ 2nd Birthday Over the past 12 months, Mantra at Sharks’ has gained significant market moment…
How Downsizing to a Caravan Can Transform Your Lifestyle
If you’re curious about simplifying life while keeping the sense of adventure, caravan and camping sales offer an inviting ga…

NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion