As part of our annual Chanticleer CEO poll, we asked Australia’s top business leaders a simple question: What risk or trend are you seeing that isn’t getting the attention it deserves?
Matt Comyn, Commonwealth Bank
It would appear that some markets have not yet fully adjusted to a higher rate environment, in terms of appropriately recognising the higher cost of capital. The combination of excess liquidity post the COVID-19 period, high levels of debt in various parts of the global economy, and a cash rate which is likely higher for a longer period, will all take time to work through the system.