A Senate hearing on supermarket prices has been disrupted by a series of suspensions after Greens Senator Nick McKim clashed with the outgoing Woolworths CEO over one key financial figure.
A Senate committee hearing on supermarket prices has resumed after a brief suspension following the outgoing Woolworths CEO being warned over his apparent refusal to answer a question about one key financial performance measure.
Senator Nick McKim was the first to question the outgoing Woolworths CEO on Tuesday. Picture: NCA NewsWire / Martin Ollman "And I am asking you about an accepted measure which is return on equity so could you just address the question please."He said the numbers the Senator was after was available in the company’s annual report but he could only speak to the figures the business itself uses to measure its profitability.
Supermarkerts Nick Mckim Coles Senator Comittee Woolworths
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