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The ASX hit an intraday high on Thursday.

ASX rises as banks and miners jump, while Wesfarmers falls

The Australian sharemarket hit a new high on a bumper day for the reporting season.

  • Staff reporter

Latest

Telstra posts billion-dollar profit as job cuts deepen

The telco giant is reaping the rewards of aggressive cost-cutting that has shed more than 2300 jobs in six months.

  • David Swan
Telstra has been focused on rolling out AI capabilities over the past two years.

Telstra to cut 209 jobs from AI joint venture, offshoring work to India

The telco giant has proposed to slash hundreds of jobs from its joint venture with consulting firm Accenture after cutting thousands of roles in the past two years and bolstering its AI capabilities.

  • Millie Muroi
The iPhone X, which has been affected by the issue, was released in 2017.

Apple issues fix after update cut older iPhones from Telstra network

An Apple software update introduced to fix a Triple Zero network issue left some older iPhones unable to receive or make calls on the country’s largest network.

  • Elias Visontay, Tim Biggs and Nick Bonyhady
Lachlan Hick lost a property in the Natimuk fire.

Telcos face renewed pressure after fire outages leave people stranded and desperate

In the wake of last year’s Tripe Zero outages, calls for telco security are growing again after firefighters and others lost connectivity while fighting blazes across the state.

  • Rachel Eddie and Alexander Darling
Queensland Premier David Crisafulli (far right) has slammed a copper thief at Deeragun for affecting telecommunications during severe weather.

Qld premier slams ‘lowlife’ copper thief as communications cut while cyclone bears down

David Crisafulli said the theft was “as low as you can get” after cables were cut in Far North Queensland as it braces for a cyclone.

  • Dominique Tassell
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The “kiss cam” couple, Elon Musk and Richard White helped make 2025 a year to remember on the corporate front.

A golden year for star-crossed lovers and bizarre billionaires

No AI hallucination could have predicted a corporate year dominated by kiss cams, Donald Trump and the rabid cult of Elon.

  • Colin Kruger
TPG Telecom chief executive Inaki Berroeta.

Senators accuse telcos of Triple Zero ‘cover-up’ over system failures

Almost 100,000 Samsung phones still can’t reliably call Triple Zero, and the inquiry into the system has revealed dysfunctional communications between telcos, regulators and the federal government.

  • David Swan
Can Australians still trust the three digits they’ve been taught to dial since childhood?

Think the government runs Triple Zero? Wrong. No wonder it’s failing

Failure, incompetence, even negligence typically occurs in a context that makes it likely. So it is with our lifesaving emergency service that keeps collapsing.

  • Waleed Aly
Optus will have to comply with the legislation.

Telcos forced to make network outages public in real time after Optus scandal

The real-time register could operate similarly to how energy companies provide live information and maps about outages on their websites.

  • Natassia Chrysanthos