Latest / The Front / Telstra exec bonuses on the line in wake of Australia-wide outage
Transcript
- 0:01Speaker 1: Today's biggest news from The Australian. I'm Christinami it with
- 0:05Speaker 1: the front's afternoon headlines. Senior Telstra executives may not receive
- 0:10Speaker 1: their annual bonuses after the telco suffered its worst outage
- 0:14Speaker 1: in a decade. The disruption caused chaos across the country
- 0:17Speaker 1: on Wednesday, and hundreds of people were unable to contact
- 0:21Speaker 1: emergency services after a Y two K style software glitch
- 0:25Speaker 1: dialed the network back to two thousand and six. Telstra
- 0:29Speaker 1: CEO Vicky Brady returned from an overseas holiday on Friday morning.
- 0:33Speaker 1: She told the media it's up to the board if
- 0:35Speaker 1: the telco's most senior executives receive their bonuses in the
- 0:39Speaker 1: wake of the outage.
- 0:41Speaker 2: Well, you another executive voluntarily offered the surrender your bonuses
- 0:45Speaker 2: given this.
- 0:45Speaker 1: Happened over your watch.
- 0:47Speaker 2: Look, our focus right now has been on getting the
- 0:49Speaker 2: issue fixed, making sure all of our customers are back
- 0:53Speaker 2: up and running, and then making sure we get the
- 0:55Speaker 2: investigation done. We again have very clear processes and governance
- 1:00Speaker 2: when it comes to bonuses and remuneration. That process will
- 1:04Speaker 2: happen and it will be overseen by our board.
- 1:06Speaker 1: Brady said she takes full accountability for the outage, and
- 1:10Speaker 1: defended the company's decision to sack thousands of staff over
- 1:13Speaker 1: the last few years.
- 1:16Speaker 2: So my view of what I've seen so far is
- 1:18Speaker 2: our people and our processors worked as they should have
- 1:21Speaker 2: as the incident occurred, it was identified, and then we've
- 1:25Speaker 2: worked to rectify it as quickly as possible. There is
- 1:28Speaker 2: no indication that any restructuring of jobs has impacted on
- 1:33Speaker 2: this particular issue.
- 1:35Speaker 1: Telstra CFO Michael Ackland previously said the company would consider
- 1:39Speaker 1: compensating people affected by the outage. Communications Minister Annika Wells,
- 1:44Speaker 1: who was also on leave at the time of the incident,
- 1:47Speaker 1: blasted Telstra on Friday for telling her about the network
- 1:51Speaker 1: meltdown just minutes before Brady was informed what had happened. Megan,
- 1:56Speaker 1: the Duchess of Sussex, is rumored to be reuniting with
- 1:59Speaker 1: her husband Rince Harry in the UK this week. Harry
- 2:02Speaker 1: traveled to London alone for a series of engagements related
- 2:05Speaker 1: to the Invictus Games, but was also in town when
- 2:08Speaker 1: the High Court handed down its decision in his privacy
- 2:11Speaker 1: case against The Daily Mail and The Mail on Sunday newspapers.
- 2:16Speaker 1: Meghan and the couple's two children, Archie and Lilibet, stayed
- 2:19Speaker 1: home in California after Harry's request for taxpayer funded security
- 2:24Speaker 1: was declined. But so also say Meghan's trip across the
- 2:27Speaker 1: Pond is back on, though she and the children won't
- 2:30Speaker 1: participate in any public appearances while they're in the UK.
- 2:34Speaker 1: Veteran broadcaster and former Senator Darren Hinch has died, aged
- 2:38Speaker 1: eighty two. Hinch was known as the human Headline for
- 2:42Speaker 1: his long and storied career in the Australian media, as
- 2:45Speaker 1: well as his stint in federal politics. Check out those
- 2:53Speaker 1: stories live right now at the Australian dot com dot
- 2:56Speaker 1: au and come back to the front first thing in
- 2:58Speaker 1: the morning for our look at a very modern feminist conundrum.
- 3:02Speaker 1: Should your ex pay for egg freezing? That's right here,
- 3:05Speaker 1: Saturday morning.