Billionaire Jack Cowin’s Plan to Turn Around Domino’s
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Happy Friday from a rainy Sydney. The war in Iran continues to dominate headlines, with leaders from Washington and Tehran striking defiant tones, offering little relief for soaring oil markets. Back home, that’s bleeding into the rate outlook for next week’s central bank decision, with economists from all of Australia’s Big Four banks now expecting a hike.
In other news, my colleague Angus Whitley sat down with Domino’s Pizza Enterprises’ billionaire chairman Jack Cowin, who’s seeking to turn around the fast food chain. And Atlassian has joined WiseTech, Block and a string of tech companies in cutting a large number of its workforce in response to AI. - Carmeli Argana, Australian stocks reporter