Reporting season starts next week, and it ain’t going to be pretty.The tepid performance of the ASX 200 over the past 12 months has investors grumpy enough. But a repeat of the volatility of recent profit seasons – which have featured wild share price moves on relatively modest earnings surprises – looks certain, given the high level of disagreement between analysts on earnings outlooks, and growing prevalence of passive investing, algorithmic investing and so-called pod shops, which look to jump on earnings surprises.
A wave of job cuts is coming. Goldman says watch these 16 ASX firms
Wage growth has been running ahead of sales growth in Australia for five years. As the economy slows, cost-cutting will become paramount this profit season.






