ASX share review: Wesfarmers Ltd (ASX: WES)

Published: April 10, 2023, 5 a.m.

b"Wesfarmers Ltd (ASX: WES) is one of the largest listed companies in Australia with over 500,000 shareholders. It\\u2019s also probably a company you own through your Australian shares ETF or through your super.\\nKate & Owen provide a high level overview of WES, including what they do, some of their key business units (including Bunnings & Kmart) and the management team, alongside a quick walkthrough of some of the financials.\\n\\u201cThe primary objective of Wesfarmers is to provide a satisfactory return to its shareholders.\\u201d ~Wesfarmers Website\\nPLEASE NOTE: This is not a recommendation from Kate, Owen or the Rask Team. We have no previous or current recommendations on WES, and the data was sourced on 06/04/2023.\\nReady-made ETF portfolios? Rask Core has you covered!\\nTake one of our amazing money & investing courses (think ETFs, shares, property and FIRE) on Rask Education.\\nASK A QUESTION: https://bit.ly/3QtiY00\\nIf you want to thank us for putting this show together, please give The Australian Finance Podcast a 5 star review on Apple Podcasts or Spotify - it\\u2019s a 5 second task which really helps support the show (and puts a big smile on our faces).\\nPearler, the broker for long-term investors. Sign-up to Pearler using the code \\u201cRASK\\u201d for $15 of Pearler Credit: bit.ly/Pearler\\nWe're proudly supported by Global X ETFs. Learn more about the growing range of leading ETFs, on the Global X website:\\xa0https://bit.ly/gx-funds\\nBoost your investment potential, with FundLater. With InvestSMART's Fundlater, you can start a $10,000 investment portfolio, with only $4,000 upfront. Find out how: rask.com.au/inv-fundlater\\nInvesting Made Simple. Thanks to InvestSMART's ready-made ETF portfolios, you can start investing now in a portfolio managed by experts. Not only that, you can invest confidently knowing your investment fees are capped. Learn more: rask.com.au/inv-pma\\nDISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you\\u2019re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.\\nFull individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.\\nAccess The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"