Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 2GB online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

Wesfarmers rewards shareholders

Article image for Wesfarmers rewards shareholders

Wesfarmers has posted a record first-half profit of $4.5 billion.

The retail conglomerate’s massive interim profits caused shares to soar more than 6%.

Wesfarmers decided to reward shareholders, handing back $2.3 billion in ordinary dividends and $1 a share special dividends, which was worth over $1.1 billion.

Wesfarmers CEO Rob Scott tells Ross Greenwood, “it was just really important for us to reward shareholders for the support they’ve given us over the last year with all the change that’s gone on”.

“But we’re being quite deliberate post the special dividend to maintain a strong balance sheet.

“So that we can invest in our businesses…as opportunities come along we can invest in new opportunities.

“Preserving a bit of firepower we think is the right thing to do for the long term.”

Click PLAY below to hear the full interview

Deborah Knight
Advertisement