We're still sitting on a respectable gain, even though it's not as good as the year before. Economic growth has held up OK; the conditions have been good enough to push stocks higher. Returns will likely be more restrained going forward, but positive.
It is a very complex situation and it's really to do with industry structure, and he's within his right to test that. He's taking on a fairly big target in terms of the ACCC.
Returns will likely be more restrained going forward. A lot of the good news has been factored in already.
Returns will likely be more restrained going forward.
