From hardware giant Bunnings and retailer Kmart, to the emerging lithium business and health unit, Mr Scott says Wesfarmers is well-placed amid a slower economic environment.
The country’s largest wine producer says it could split the business to focus exclusively on luxury labels like Penfolds, where demand is rising rapidly.
Bejing is removing the crippling tariffs on Australian wine exports from March 29, but it will be a hard road back for wine groups other than Penfolds owner Treasury Wine Estates.
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