Good morning, Outgoing Woolworths CEO Brad Banducci will leave successor Amanda Bardwell a huge challenge as he admits arch rival Coles "out-traded" his chain during the March quarter, widening the gulf between the two supermarket giants. National Australia Bank's new boss Andrew Irvine says Australians can withstand another rate rise with the economy proving surprisingly resilient as business spending and investment exceeds expectations. Disgruntled investors stripped half a billion dollars from Bapcor's market value in one day and analysts warn the worst could be yet to come for the beleaguered auto accessories retailer. |