The big takeaway from Australia’s top chief financial officers at The Australian Financial Review’s CFO Live event is that corporate Australia is heading towards a likely economic slowdown in good shape.
While the rapid rise in interest rates has been the big story in capital markets in the past 18 months, Dexus CFO Keir Barnes, Virgin Australia CFO Race Strauss, Coles Group CFO Charlie Elias and Endeavour Group CFO Kate Beattie, all expressed a determination to keep investing.