Pete Findlay
👤 SpeakerAppearances Over Time
Podcast Appearances
As you go through a wage cycle, you'll have to link your wages to increased costs of living.
So I suspect wages will come under pressure.
to be elevated above normal wage increases.
So I can sort of see it seeping deeper and deeper into our cost structures and probably impacting more elements of our business than what it is currently.
I think it'll drive inflation up.
I'm not an economist, Alan, but I would have thought north of 5%.
Yeah, 5% to 6% would be my view.
Just as I said, just as it spreads into our wages and into other parts of the economy.
I don't think it's flowed fully through yet.
So if it keeps going, I would think that inflation will be 5% to 6%, maybe even higher.
No, we don't do shrinkflation.
So we're pretty committed to our pack sizes.
And so none of our pack sizes will be changing.
No, I mean, I try to stay out of their business.
I try to stay out of the business.
I've got enough issues and enough things to worry about running Bega, Alan.
So I try not to give too much advice to some of my colleagues.
We've just found that, you know, value is one of our key drivers in our business.
So how do we offer great product for a good price?