March 2024 Quarterly Newsletter

In this quarterly, we discuss how Governments keep taking more, and no matter how one justifies it, if it becomes ‘punitive’ and deemed ‘confiscatory’, society will ultimately be the loser. We follow this with a collection of portfolio company reviews flowing from the latest reporting season. We touch on the pertinent numbers and provide a brief perspective on the business and points of view. We then delve into the “Productivity dilemma”, examining the challenges facing businesses and how the Government’s industrial relations approach is cause for concern. Next, we turn our attention to “Our greatest risk”, where we shed light on the profound impact government regulatory changes can have on the financial wellbeing of a business. Lastly, we explore the importance of portfolio pruning in “Watering the flowers, pulling out the weeds”.