Wesfarmers CEO Rob Scott says it has been a difficult yr within the retail house and he hopes the stage 3 tax cuts will present a little bit of aid to households underneath stress from increased mortgage repayments and hovering rents.
He spoke to The Enterprise after the corporate, which owns Kmart, Goal and Bunnings, introduced a full-year revenue of $2.5 billion.
Kmart posted a document revenue, whereas Goal noticed a income fall up to now 12 months.
Mr Scott additionally informed Alicia Barry that he is stunned Bunnings is following the supermarkets by being hauled earlier than parliamentary inquiries to reply questions on income.
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