Month: November 2018

More work to do, economists say

Economists say the federal budget is a step in the right direction in addressing the economy's structural problems, but more can be done.
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The budget is expected to have a minimal impact on the economy in the next financial year as most of its cuts will only kick in

Mobile headwinds shake Optus profits

Rolling out 4G network: Optus chief Kevin Russell. Photo: Michele MossopProfits at Optus, Australia's second-largest mobile carrier, fell 7.5 per cent to $728 million in the latest year after declining mobile income.
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Revenue in the last quarter ending March 31 was down 5.4 per cent to $2.17