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SBS On the Money: Woolies CEO quits & real wages turn positive

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Woolworths CEO Brad Banducci is unexpectedly quitting as the company's food and supermarkets business posts a 5.4% increase in sales amid sector scrutiny. Credit: Getty/SBS

Woolworths CEO Brad Banducci is unexpectedly quitting as the company's food and supermarkets business posts a 5.4% increase in sales amid sector scrutiny. SBS Finance Editor Ricardo Gonçalves looks through the result with MPC Markets Analyst Mark Gardner, plus Westpac's Justin Smirk on the rise in wages and what it means for inflation and interest rates.


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Presented by Ricardo Goncalves

Source: SBS News



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Woolworths CEO Brad Banducci is unexpectedly quitting as the company's food and supermarkets business posts a 5.4% increase in sales amid sector scrutiny. SBS Finance Editor Ricardo Gonçalves looks through the result with MPC Markets Analyst Mark Gardner, plus Westpac's Justin Smirk on the rise in wages and what it means for inflation and interest rates.


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