Wesfarmers CEO on Inflation, Labor Shortage

Wesfarmers CEO on Inflation, Labor Shortage

Assessment

Interactive Video

Business

University

Hard

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The video discusses Westfarmers' financial strategies, including hedging against higher interest rates and managing inflation's impact on consumers. It addresses cost pressures from raw materials and supply chain issues, particularly in retail. The new healthcare division, following the API acquisition, is highlighted as a growth area. The Mount Holland lithium project is on track, promising significant contributions to the commodities market. Finally, the video touches on the skills shortage in Australia, emphasizing the need for skills development and migration to support economic growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the Mount Holland project positioned within the lithium market according to West Farmers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the identified opportunities for skills development in the Australian labor market?

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