Wednesday, March 13, 2013

Australia needs to focus on a lower cost structure or more pain on the way

"....until we have got a lower cost structure we will have another round of painful change, a bit like we did in the 1990s when we had to respond to the crisis of confidence

Brian McNamee, CSL


Source: Help us live with high dollar:business
By Nabila Ahmed and Jacob Greber
The Australian Financial Review
Thursday 20th December, 2012 page 1