Why Tom Elliott is on Brad Banducci’s side after fiery clash with Greens senator

Outgoing Woolworths CEO Brad Banducci has been grilled by Greens Senator Nick McKim in a fiery Senate hearing.

McKim was arguing about the return on equity versus return on investment for the big supermarket chain, and Tom Elliott then proceeded to explain the argument put being forward in the hearing.

“I’m actually on Brad Banducci’s side here,” the 3AW Mornings host said.

Press PLAY to hear him explain the argument

Image (Banducci): 9News