Many companies are looking overseas to splurge cash as Australia's poor competitiveness limits its appeal as a destination for business investment.

Join SkyNews.com.au to watch bosses of major Australian companies weigh in on the challenging business conditions Down Under from 11am AEST.

The leaders of an array of Australian companies spoke to Sky News about their performance this recent reporting season and addressed the challenges they face investing in Australia.

All but one admitted that deploying capital overseas was currently more attractive.

Robert Iervasi, the CEO of fruit juice company SPC Global, said the company was looking to further expand in Southeast Asia as about 45 per cent of its earnings come from overseas markets.

“We’ve been able to diversify not only our revenue

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