Mr Joy: does closing the loopholes mean tightening the noose?
Touchpoints
Australia’s Toll Group is on life support.
And if it wasn’t for its parent, Japan Post, we could well treat it as a business purely valued at liquidation – that’s the very simple takeaway embedded in its latest audited financials, which I got hold of only recently after banging my head against a wall for weeks.
Before we discuss at length the synergies between the Japanese parent and its Australian subsidiary – here are some Japanese lessons for Australia, by the way ...
Comment on this article