Ann: FY23 Half Year Results and Outlook, page-26

Thanks Tarvold.

Obviously HMI is much smaller scale than PPE but is growing very nicely in a very hot recruitment market segment, so good luck to you as you are in early on that one.

As I stated I expect a good result from PPE. I think for the outlook it should be a bit upwards or at worst a steady ship. Therefore it is a bit of a mystery as to why the SP has been falling steadily. The SP is currently very good value and I believe Australia will avoid a recession just like what the US Fed confirmed this morning in its statements after its small interest rate increase announced this morning.

Cheers.....D