THE EVOLVING ROLE OF A CFO the way of good people and spend their time managing the system , not the people .”
Happy Aussies Australia is still in line for a substantial 2.8 per cent growth this year , according to the International Monetary Fund ( IMF ), and has gone 24 years without a recession . The country also boasts low corporate taxes , fair rental costs and a well-educated workforce , as Australia ’ s rising housing market – with prices up nearly 15 per cent in Sydney over the last year – proves the economy is still very stable . Add that to profitable services such as tourism , as well as banking and wealth management , there are several avenues for possible growth .
Politics play a factor in the happiness of CFOs as well . In electoral democracies , people are naturally happier when they feel they have a say in how their countries are run , as there are very few restrictions on the flow of capital or of labour . Aussies have gotten rid of trade protections , have freed labour markets and have reformed strict immigration laws to become one of the world ’ s most flexible economies .
Also helping is a new generation of business called the B Corporation , which has been rapidly growing throughout the country since 2012 . B Corps are businesses certified by B Lab , which uses business to pursue environmental and social goals . There are currently 1,300 B Corps in the
“ CFOs will have the opportunity to lead their companies to greater competitiveness and higher valuation than ever before .”
Keith Nealon , President and Chief Revenue Officer at Adaptive Insights
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