There is only so long business can absorb higher production costs. Something has got to give and what's most likely to give is prices.
More Quotes from Craig James:
Given the global outperformance of the Australian share market, some investors are questioning the possibility of further gains.Craig James
I've really seen him change over the past two months. You could just notice his presence more, how physical he was and what a leader he was. He keeps getting better and better.
Craig James
This time around we believe that the Bank of Japan is going to learn from past experience. We believe that the Japanese government is going to learn from past experience.
Craig James
A firmer trend in house construction is expected to take hold later this year, extending into 2007. Approvals probably rose in February, underpinned by a rebound in the apartment sector.
Craig James
The Reserve Bank can just about shut up shop until 2006... the two remaining board meetings (this year) will prove nonevents.
Craig James
Unemployment is low, wages are growing at a healthy pace and interest rates remain stable. Retailers have also played their part by discounting heavily.
Craig James
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