N@N

The good, the bad and the ugly of corporate Australia in 2024

The article from the Australian Financial Review discusses the performance and outlook of various sectors within Corporate Australia for the year 2024. It highlights the resilience of the Australian economy amidst global economic challenges, with sectors like mining and energy showing robust growth due to high commodity prices and demand for green energy solutions. Conversely, retail and consumer discretionary sectors are facing headwinds from high inflation and interest rates, impacting consumer spending. The technology sector is experiencing mixed fortunes, with some companies thriving due to digital transformation while others struggle with funding and market volatility. Additionally, the article touches on the increasing focus on ESG (Environmental, Social, and Governance) criteria, influencing corporate strategies and investor decisions. It also notes the potential for increased M&A activity as companies look to consolidate or pivot in response to economic conditions. Overall, the piece provides a comprehensive overview of the economic landscape, corporate performance, and strategic directions for Australian businesses in 2024.

Read the Full The Australian Financial Review Article at:
[ https://www.afr.com/markets/equity-markets/the-good-the-bad-and-the-ugly-of-corporate-australia-in-2024-20241219-p5kzr3 ]