LAU 2.20% 89.0¢ lindsay australia limited

Ann: HY2023 Results Presentation, page-6

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    On page 12, LAU mentions headwinds such as cost pressures from inflation and a competitive labour market.

    The first is undeniably true. It's important that contracts are carefully written.

    With the second, wage (and salary) rises may or will be necessary: one side of the coin.

    But the other is with Scott's collapse, suddenly there are several hundred heavy vehicle drivers out of a job.

    That's small compared to the number of national vacancies, not all of which are advertised on a single channel such as Seek, but it's a bonus for the 'available talent pool' as LAU has on offer similar roles. As in Matthew 3:12, it can sort 'wheat from chaff' in applications.


 
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