Briscoes | Spending | Markets
Shaw and Partners Director Andrew Kelleher reviews financial markets over the past 24 hours, beginning with Briscoes’ full year result, where revenue increased modestly but margins came under pressure, resulting in lower profit. He also examines the latest ANZ spending data, which indicates a lift in consumer spending momentum, with strength in tourism, recreation and hospitality. In addition, he provides brief commentary on several other developments, including the latest US CPI release, the Pulse auction, and movements in the NZD/AUD exchange rate. Then, onto market figures.
To listen to the full commentary, please click below.
