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Eddie Peters says the business community needs to be positive. Photo: Attila Csaszar

Confidence key, retailers say

Local businesses aren’t popping the champagne corks for an economic recovery just yet despite the latest data from the Commonwealth Bank showing a rise in transactions across a range of sectors during the Christmas trading period.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
281stRio Tinto12%-1%
292ndANZ Banking Group9%14%
383rdWestpac-2%13%
406thCommonwealth Bank-7%14%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

3rd↓Rio Tinto$49,225.3m
4th-Commonwealth Bank$27,005.0m
6th↑Westpac$21,642.0m
7th-ANZ Banking Group$21,071.0m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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