
Show Notes
Telstra posts a $2.4 Billlion dollar annual profit, and docks CEO Vicky Brady $607,000 over July's nationwide outage; More CBA profit-taking; Federal and NSW governments split a $2.5 Billion bailout of Tomago aluminium smelter; Mathan Somasundaram, CEO of Deep Data Analytics, gives his take on the day, speaking to Rena Sarumpaet.
More from SBS On the Money
Oil reaches about US$114 a barrel as investors weigh inflation, interest rates and the Australian dollar.
Delays to power upgrades at NextDC's Melbourne site forced a sharp downgrade, raising questions for data centre investors.
NAB says the cuts will simplify its operations, while promising no material impact to customer-facing banking roles.
Grattan proposes a 15 per cent GST that includes food, with tax cuts and welfare payments to offset the cost.
Australia’s jobless rate reaches 4.7%, raising questions about hiring, wages and the RBA’s next move.