Wesfarmers CEO: ‘We can’t just wait around for rates to fall’

The Australian Financial Review
05 Dec 2024

Wesfarmers chief executive Rob Scott is in Canberra for a board meeting this week, but it’s art, rather than politics, that brings him to the nation’s capital. The conglomerate is holding a joint exhibition of Indigenous art with the National Gallery of Australia, having lent a large chunk of its corporate collection to the cause.

Scott might not be in Canberra to talk to politicians, but we hope he finds time to wander up the hill to parliament. As the man in charge of an $83 billion giant that spans so much of the Australian economy, Scott makes a lot of sense when he talks about the need for more action, and less talk, from policymakers.

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