(Bloomberg) Australians are turning to chicken over pricey steaks as surging living costs squeeze household budgets.Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpHawaii Rightly Rejects Supreme Court’s Gun NonsenseDozens of Banks Rapidly Piled Up Commercial Property LoansWall Street Looks Past Inflation Angst Before PPI: Markets WrapPoultry producer Inghams Group Ltd reported
Don Meij has been CEO of Australia’s biggest pizza group for 22 years, but mistakes are mounting and replicating local success in France and Japan is proving difficult.
The economy managed to avoid a recession this year, but the retail sector was not as fortunate, with real retail spending declining for three consecutive quarters.