Corporate Australia just received a glowing profit report card, but the outlook is not as rosy & More Latest News

Reading between the spreadsheet strains, the annual earnings season has given a few hints of what is to return for company Australia and the broader financial system over the subsequent 12 months.

The annual outcomes of Australia’s prime 200 listed firms is a scorecard of how they carried out over the final 12 months, as nicely as what they’re hoping to realize for the 12 months forward.

Despite some severe headwinds in FY 2022, Australia’s largest companies did fairly nicely.

Profits have been up

Overall, firm earnings rose strongly in the 12 months to June 2022.



 

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