Eftpos outage resolved, says Telstra, after earlier advising people to carry cash

Posted Posted in Technology, Telecommunications

Telstra says it has “resolved” a network outage that left people unable to use Eftpos machines and ATMs at businesses across the country. On Saturday morning, the telco had advised people carry cash instead of relying on tap-and-go, as the outage dragged on into its second day. But a spokesman confirmed on Saturday afternoon that […]

Australia’s executive pay backlash hits Telstra and Transurban

Posted Posted in Telecommunications

Some of Australia’s largest companies are facing a concerted pushback from shareholders concerned about executive pay. Amid ongoing concern about stagnant wage growth, the beginning of AGM season and fresh executive pay disclosures have already prompted a renewed focus on what the top end of town is earning, with focus on Telstra and Transurban. On […]