Wesfarmers profit results ‘the one to watch’

Sky News Business Editor Ross Greenwood says Wesfarmers’ profit results are “the one to watch”. Their results are set to be released on Thursday. “Because we’ve seen James Hardie yesterday, which makes fibre cement things for home renovations," he said. “And they’ve basically said people have cut back on renovating over the past 12 months due to the economic conditions. “So maybe we’ll see what happens with Wesfarmers and their big Bunnings warehouse business.”