As Telstra Vicki Brady flexed her cost-cutting muscle, Origin showed it can deliver dividends and returns and Pro Medicus burnished its growth credentials.
It’s still early days in profit season, but one of the notable trends is another big tick up in expenses. Commonwealth Bank’s operating expenses were up 6 per cent. Suncorp’s costs were up 7 per cent. Westpac’s June quarter costs were up 4 per cent. JB Hi-Fi’s cost of doing business was up 12 per cent on the back of higher labour and lease costs.
Source: https://www.afr.com/chanticleer/what-we-learnt-corporate-australia-s-quiet-cost-cutting-guru-revealed-20250811-p5mlvl