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Inveresk FY26 Review Letter

For those following along, FY2026 was a Henny Penny year, with cries of “the sky is falling down!” every other month. The acorns hit differently, depending on the month, but a steady stream of crises were supposed to have ended things by now. Trump’s tariffs, AI taking over the world, mass unemployment, the Iran War, oil shock, inflation, and property market bubbles. Sometime earlier this year, rumour had it that Australia was about to run out of fuel, farmers wouldn’t be abl