Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Breaking News › Telstra CEO gets $700,000 pay rise to $6.8m despite...
Breaking News

Telstra CEO gets $700,000 pay rise to $6.8m despite Australia-wide outage

The Guardian World Thursday 13 August 2026, 01:37 UTC By Luca Ittimani and Josh Taylor 1 min read
Key Points

Telco board cuts senior executive bonuses by total $1.3m after tech fail that affected millionsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastTelstra has paid its chief executive, Vicki Brady, $6.8m for the year ending in June, after docking 20% of her bonus in response to the network’s nationwide outage in July. The company reported financial results on Thursday. Its board met on Monday and decided to cut Brady’s bonus by...

Telco board cuts senior executive bonuses by total $1.3m after tech fail that affected millions

Telstra has paid its chief executive, Vicki Brady, $6.8m for the year ending in June, after docking 20% of her bonus in response to the network’s nationwide outage in July.

The company reported financial results on Thursday. Its board met on Monday and decided to cut Brady’s bonus by $607,000 – but she still took home a $700,000 pay rise as she was awarded a total of $6.1m the year before.

Continue reading...
Telstra (ORG) Australia (LOCATION) Vicki Brady (PERSON) Brady (PERSON)
Originally published by The Guardian World Read original →

Related Stories

Urgent recall issued for 13,500kg of beef products - full list

Urgent recall issued for 13,500kg of beef products - full list The products were produced between May 15 and May 20 and have use-or-freeze-by dates from between September 15 and September 20, according to the US Department of Agriculture The US has recalled raw beef products imported from Argentina to America after the products failed inspection. The recall by the US Department of Agriculture affects 29,628 pounds (around 13,440kg) of raw beef products that were distributed in two states by...

Daily Mirror 2h ago

Latest news bulletin | August 13th, 2026 – Morning

Catch up with the most important stories from around Europe and beyond in this Euronews news bulletin. In just a few minutes, our newsroom brings you the latest news and breaking news across world affairs, business, politics, culture, entertainment and travel, with the context you need to make sense of a fast-moving day. Reported with the independence and the European perspective that define Euronews, this regular round-up gives you a clear and reliable overview of the stories shaping our...

Euronews 2h ago

David McBride leaves prison on parole after being jailed for leaking Afghanistan war documents

Attorney general grants former army lawyer’s release after 27 months in jail Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastDavid McBride, the former army lawyer jailed for his role in stealing secret defence documents about the Afghanistan war and leaking them to the media, has been released from prison in Canberra on Thursday. McBride was sentenced to a maximum five years and eight months in jail in May 2024, but is being...

The Guardian World 5h ago

Pay with a glance at a screen as biometric technology company begins push into Australian retail

Customers will be able to pay using face and palm scans, potentially speeding up transactions – but rollout of the technology is likely to be slowGet our breaking news email, free app or daily news podcastThe company behind 300,000 Eftpos terminals across Australia is hoping shoppers will want to make payments by simply glancing at a screen, as biometric technology pushes further into retailing. Verifone is selling the innovation as “pay for your coffee with a smile”, promising faster...

The Guardian World 8h ago