It seems we have entered the corporate twilight zone when a chief executive says they are “focused on helping our customers spend less each time they shop with us”.
Overhauling its board as it seeks to restore its reputation,the airline has appointed the Brambles and Treasury Wine Estates’ chair to lead its directors from July.
As Telstra waits to anoint its next chair,its new CEO Vicky Brady is facing her first big test on how she structures and executes a 49.9 per cent sale of the telco’s infrastructure arm.
Rugby league legend Brad Fittler and his partner have scored a place among Sydney’s ultra-prestige homeowners thanks to the sale of their acreage.
The chairman of the country’s biggest bank says businesses cannot attract foreign workers to Australia because people worry they’ll be trapped here.
National Broadband Network CEO Stephen Rue has hit out at claims Australia's internet service is slower and lags behind countries like Thailand and Paraguay.
Telstra chairman John Mullen has unloaded on critics of chief executive Andy Penn's $5 million-a-year pay,noting kids playing Fortnite are paid similar sums.
Telstra boss Andy Penn is likely to avoid a shareholder revolt over big bonuses paid to executives despite his pay packet jumping to almost $5 million in the last financial year.
Chairman John Mullen acknowledges executive pay is'too high across the board'as Telstra gets its'first strike'.
Some retail shareholders present at its annual general meeting in Sydney had other issues on their minds.
Telstra chairman John Mullen has defended multimillion-dollar executive bonuses while apologising to frustrated shareholders.