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.

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