Today
Hacked Optus gonged for cybersecurity nous
The irony of the award going to a company defending both a class action and an ACMA civil lawsuit for alleged security failures hung heavy in the room.
- Updated
- Myriam Robin
This Month
Workers’ rights law firm admits to underpaying staff $300,000
Prominent class action firm Slater & Gordon says there are “no excuses” for the underpayment which was due to a decade-long miscalculation of leave entitlements.
- Maxim Shanahan
Aussie Broadband discount offshoot Buddy chases lost customers
Aussie Broadband is hoping to win back some of the customers lost to rival Superloop with a new, cheap internet brand, Buddy Telco.
- Jenny Wiggins
- Analysis
- Due diligence
Competition for broadband intensifies as consumers crack down on bills
Small telcos such as Superloop and Aussie Broadband have been stealing internet customers from Telstra, TPG Telecom and Optus as consumers shop around.
- Jenny Wiggins
June
Superloop directors wanted ‘firm response’ to Aussie Broadband breach
Superloop’s board discussed whether Aussie Broadband was “aware” it would breach Singaporean rules when it attempted a takeover earlier this year.
- Jenny Wiggins
ANZ’s openly gay chairman warns on ASX’s sexuality disclosure
Asking boards to disclose the sexuality, age and ethnicity of directors risks encroaching on their privacy and could make them a target for activists, leading directors warn.
- Sally Patten and Patrick Durkin
The tallest tales from 50 years of Chanticleer
Movers and shakers from around Australia helped celebrate 50 years of The Australian Financial Review’s revered Chanticleer column. Here are the top tales and anecdotes from each of our past columnists.
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Lawyers to the fore as courts tighten screws on privilege claims
Claiming legal privilege for post-cyberattack reports is now almost impossible, lawyers say, as courts take a more critical view of “woolly” claims.
- Maxim Shanahan
May
Optus raises monthly mobile plan prices by 5-6pc
Optus has quietly raised prices of its cheapest and most popular monthly mobile phone plans for new customers above the rate of inflation, blaming higher costs.
- Jenny Wiggins
Lendlease takes $1.48b hit | Optus loses appeal | Canva’s rap message
Read everything that’s happened in the news so far today.
- Updated
Optus loses appeal to keep Deloitte report on cyberattack secret
The decision means information in a report commissioned by Optus into the causes of its 2022 cyberattack will be given to a class action law firm.
- Jenny Wiggins
NSW pays to keep coal firing | Nvidia’s share price is about to plummet | Sunak’s election gamble
Read everything that’s happened in the news so far today.
- Updated
Optus sued by regulator for breaches in 2022 cyberattack
The communications regulator has filed a lawsuit in the Federal Court claiming Optus did not protect customers’ information before it was struck by a cyberattack.
- Jenny Wiggins
Mobile users face price rises as Telstra swings the axe
Customers could be hit with above-inflation price increases for mobile phone plans, as well as higher internet fees, as the telecommunications giant slashes costs.
- Updated
- Jenny Wiggins
Optus denies ‘cloaking’ Deloitte report on 2022 cyberattack
A press release published after Optus’s 2022 cyberattack had legal purposes, even though they were never mentioned, Optus has argued in a court appeal.
- Jenny Wiggins
Firstmac hack deepens, credit card data stolen
The theft of credit card details has raised concerns about the Brisbane-based lender’s security and encryption standards.
- Liam Walsh
- Exclusive
- Cybersecurity
This industry needs 5000 new workers every year just to keep up
Australian cybersecurity workers warn the domestic industry is not competitive with foreign rivals.
- Andrew Tillett
Qantas’ $120m settlement; Westpac pays dividend; Optus gets new CEO
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
Fresh meat in the Optus sandwich promised a helping hand
Optus and its owner, Singtel, have made governance changes to try to make the incoming CEO’s job easier. We’ll wait to see the proof.
- Anthony Macdonald
NBN fixer Stephen Rue to restore Optus’ credibility
Stephen Rue has been charged with restoring Optus’ reputation with consumers and improving its services when he leaves the NBN to run the beleaguered telco group.
- Jenny Wiggins
