The Distillery: Premier protest

Jotters doubt Solomon Lew's call for an urgent rate cut will be heard but they're still upbeat on the retailer's growth.

Premier Investments billionaire Solomon Lew eviscerated the outgoing government yesterday as his chief executive Mark McInnes handed down some disappointing numbers. While there are prospects for growth in the Premier stable, Lew’s hopes for big rate cuts and GST reform aren’t looking too good, according to our business writers.

Fairfax’s Elizabeth Knight reports that Premier’s “particularly difficult” sales quarter, according to Lew, had a lot to do with our warmest winter in a century and constant front pages of feuding politicians.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles