
Profits season hits & misses, property crisis & Dan Murphy's drunk on data
Chanticleer
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Mixed Impact of High Interest Rates on Companies
The chapter discusses the mixed impact of high interest rates on companies, with some being negatively affected and others benefiting from hedging and investment income. It highlights the case of Transurban, which mitigated the impact through hedging and had a net benefit of $43 million. Outlook statements for the next year indicate a positive direction for the economy, but the cautious approach in the Australian boardroom suggests a lack of radical changes and investments.
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