Australia’s “highly competitive” telecommunications sector is under “dynamic strain”, Communications Minister Michelle Rowland has warned, after the country’s largest telco Telstra revealed it would slash 2800 direct jobs before year’s end. Announced by Telstra boss Vicki Brady on Tuesday, the telecommunications giant swung the axe in what is largest redundancyContinue Reading

Footage from a record-breaking $8.6 million auction in Strathfield in Sydney’s inner-west has sparked heated reaction online, amid suggestions that Australia’s property market is being flooded with foreign cash. But the agent who sold the property has now revealed that the buyer was a “local”. The “uber-luxury” five-bedroom, six-bathroom homeContinue Reading