SA Business Journal: Telstra to axe 2800 workers | Summer blackouts warning | Elders boss slams Albo's 'wrong priorities'

Email Australia’s biggest telco says job cuts are critical to make the ‘necessary investments’ linked to the explosion in data and internet use across the country and meet its cost saving goals.

View in browser 21st May 2024

SA Business Journal Telstra to axe 2800 workers amid AI push Australia’s biggest telco says job cuts are critical to make the ‘necessary investments’ linked to the explosion in data and internet use across the country and meet its cost savin... READ MORE   Summer of blackouts: SA gas shutdown threatens power supply South Australia bailing on gas production could cause cascading energy woes around the nation – first interstate and then here. READ MORE   Space race ramps up for six SA companies A cohort of space-focused companies have joined a new accelerator program being delivered by UniSA’s Australian Centre for Business Growth. READ MORE   Elders boss slams government over ‘wrong priorities’ Mark Allison has slammed the Albanese government for failing to tackle the perfect storm of challenges facing farmers across rural Australia. READ MORE   IVF start-up’s last ditch bid for survival Shareholders in an Adelaide tech firm backed by Hong Kong tycoon Li Ka-shing are trying to save it from collapse after falling into administration. READ MORE   Aware Super calls for rapid exit by Lendlease chairman The superannuation fund heavyweight has made surprising demands for change at the helm of the developer ahead of its crucial strategy day. READ MORE   Mood at melting point as Gupta’s broken promises mount Faith that Sanjeev Gupta’s GFG Alliance can deliver on its promises to modernise the Whyalla steelworks have worn thin, while his European assets face their own challenges. READ MORE   ASX 200 down; James Hardie, Sonic dive James Hardie's cloudy outlook weighs despite record results. Sonic flags weak earnings. TechOne jumps as profit expectations lift on record earnings. Telstra job cuts plan to cost ... READ MORE   SkyCity to pay $67m fine for money laundering breaches SkyCity will pay a $67m penalty to settle a money laundering case brought against the Adelaide Casino, which alleged that more than $4bn was gambled by 59 suspicious customers. READ MORE   Are property investors really too greedy? Attacks on landlords and policies that push them out of real estate investment could come back to bite everyone, including tenants. READ MORE   Newsletters Today's Paper +Rewards Want to change how you receive these emails? Manage your newsletter preferences or unsubscribe from this newsletter. Sent by The Advertiser, GPO Box 339, Adelaide SA 5001, Australia.