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News Archive - May 2006
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31st May, 2006 John Howard's workplace revolution is transforming pay deals rapidly, with all individual work contracts axing at least one protected award condition.
Source: SMH/AAP
31st May, 2006 Mobile phone services group Vodafone Australia expanded its customer base by 23 per cent in fiscal 2006.
Source: The Age - Jesse Hogan
31st May, 2006 Telstra has warned it will not be pressured into ending its stand-off with the competition regulator over its planned broadband network upgrade.
Source: ACTU
30th May, 2006 Beaconsfield miners have called on John Howard to lift his ban on workplace agreements that give working Australians, access to union OH&S training and work-time meetings.
Source: The Australian - Michael Sainsbury
30th May, 2006 French technology giant Alcatel has admitted that it made a "strategic error" in keeping prices for its internet equipment high, costing Telstra hundred of millions of dollars.
Source: The Age - Jesse Hogan and Katharine Murphy
30th May, 2006 Mums and dads will be invited to "share in the future" and forget the money they lost in the last Telstra float.
Source: SMH - John Garnaut
29th May, 2006 Telstra has accused a departed manager of deliberately creating a damaging memorandum about Alcatel's contracting performance "as a prop" to hurt Telstra.
Source: The Australian - Michael Sainsbury and David Uren
29th May, 2006 Telstra operations chief Greg Winn did not see an internal company document tabled in Federal Parliament last week which raised serious concerns about French vendor Alcatel.
Source: The Australian - Michael Sainsbury
26th May, 2006 Sol Trujillo's aggressive $11 billion plan to build new networks and systems is behind schedule, just six months after it was announced.
Source: SMH - Colin Kruger
26th May, 2006 Telstra may only be seven months into its multi-billion-dollar transformation strategy but it has already managed to trim $500 million from its capital spending estimates.
Source: The Age - Jesse Hogan
26th May, 2006 Telstra has effectively escalated its battle with the Federal Government, cutting about $700 million from this year's network improvement budget.
Source: The Australian - David Uren
25th May, 2006 Dumping the Government's Telstra shares in the Future Fund would depress its performance and make it harder to meet its target, chairman David Murray warned yesterday.
Source: SMH - Lisa Murray
25th May, 2006 Finance Minister Nick Minchin said it was "probable" the Future Fund would be given the proceeds from a potential sale of the Federal Government's remaining stake in Telstra.
Source: The Age - Jesse Hogan
24th May, 2006 Australian company Babcock & Brown is set to take over Ireland's largest telco, eircom, after striking a partnership with its employees.
Source: SMH - Linda Morris
24th May, 2006 A Catholic bishop has questioned whether police should break up demonstrations against industrial laws he says are morally indefensible.
Source: The Australian - Michael Sainsbury
24th May, 2006 Telstra's $24 billion sale may be put on hold after critical talks between the telco and the competition regulator have become bogged down.
Source: The Age - Paul McIntyre
23rd May, 2006 James Packer has labelled Australia's internet speeds embarrassing. He has also criticised Telstra's broadband pricing plans and download restrictions.
Source: The Australian
23rd May, 2006 A government senator has accused Telstra of going slow on rolling out broadband internet services to the bush to make a point about red tape.
Source: ACTU
22nd May, 2006 The ACTU has said safety standards in Australia's multi-billion dollar mining industry will get worse if the Workplace Minister Kevin Andrews does not lift his ban on union OH&S training.
Source: The Age - Malcolm Maiden
22nd May, 2006 It is becoming increasingly likely there will be significant institutional and private investor interest in the third Telstra share sale if it goes ahead as planned at the end of the year.
Source: ACTU
19th May, 2006 Sacked by text message. Fired then rehired on a contract that pays $200 less a week. Pay docked for doing a whip around for the widow of a mate killed on the job.
Source: The Age - Adam Morton
19th May, 2006 Electrical workers will refuse to work on or near operational mobile phone towers in Victoria until safety standards are introduced.
Source: The Australian - Nicki Bourlioufas
18th May, 2006 Telstra boss Sol Trujillo is Australia's most talked about chief executive.
Source: The Age - Stephen Bartholomeusz
18th May, 2006 A key prerequisite for the go-ahead for the $25 billion T3 sale is now in place: the re-stocking of a depleted Telstra board.
Source: The Age - Jesse Hogan
16th May, 2006 Telstra is in a prime position to secure funding from the Federal Government's $878 million Broadband Connect fund.
Source: The Australian - Belinda Tasker
16th May, 2006 The Federal Government is closer to announcing details about the sale of its remaining stake in Telstra as the telco and the competition watchdog finalise discussions over regulations.
Source: ACTU
15th May, 2006 Unions will today (Monday) press ahead with claims for a 4% lift in wages for more than one million low paid workers.
Source: The Age - Jesse Hogan
15th May, 2006 Communications Minister Helen Coonan has welcomed a proposal by three telcos to provide subsidised broadband internet access to regional Australia.
Source: SMH - Elizabeth Knight
12th May, 2006 As chief executive of Telecom New Zealand, Theresa Gattung is the most powerful businesswoman in her country.
Source: The Age - Adam Morton and David Rood
12th May, 2006 A spate of brain tumours among staff has forced RMIT University to close part of its business school and test for radiation emissions from rooftop phone towers.
Source: ABC Online
12th May, 2006 The Federal Government may have to wait several months to find out if its new industrial relations (IR) laws can remain in place.
Source: Australian/AAP
11th May, 2006 The Federal Government could slice the value of its stake in Telstra again, depending on the outcome of an agreement with the corporate regulator, analysts said today.
Source: The Age - Meaghan Shaw
11th May, 2006 The Federal Government was asking the High Court to grant it industrial relations powers it had been refused in four referendums, a judge said yesterday.
Source: callcentres.net
10th May, 2006 A South Australian television commercial highlighting poor service from an overseas call centre operator has been taken off air after it was deemed to be racist and vilified Indians.
Source: The Age - Katharine Murphy
10th May, 2006 The Government expects to raise $26.7 billion from asset sales in 2006-07 but Telstra's value has tumbled to about $25 billion from more than $30 billion a year ago.
Source: SMH/AAP
10th May, 2006 The federal government has cut the estimated value of its majority stake in Telstra by six per cent, or around $1.5 billion.
Source: ACTU
10th May, 2006 The handouts in the Budget will be quickly swallowed by the rising cost of living says the ACTU with interest rates up, petrol up and childcare fees up $100 a month in the last year.
Source: The Age - Misha Schubert
9th May, 2006 A Ballarat company has sacked 35 Australian labourers but kept on up to 25 Chinese welders it imported last year, sparking union anger over failing to train locals in vital trades.
Source: The Age - Fergus Maguire
9th May, 2006 Finance Minister Nick Minchin said senior ministers had agreed to proceed with preparations to sell the Government's 51.8 per cent stake in Telstra.
Source: SMH - Lisa Murray and Colin Kruger
9th May, 2006 Investment bankers, lawyers and advisers have been told to continue laying the groundwork for the sale of the Federal Government's remaining stake in Telstra by the end of the year.
Source: ACTU
9th May, 2006 The ACTU has accused the Howard Government of being too focussed on the needs of high income earners and big corporation.
Source: ABC-TV - Inside Business transcript 07/05/2006 - Stephanie Kennedy
8th May, 2006 How to move from the old switched copper wire networks to the new digital world is undoubtedly the greatest challenge facing the global communications industry.
Source: SMH/AAP
8th May, 2006 Employees are being urged by state government bodies to sue their bosses for harassment and bullying instead of lodging unfair dismissal claims.
Source: The Age - Rebecca Urban
8th May, 2006 Former prime minister Bob Hawke says Australia is condemned to mediocrity if it does not optimise the skills of its people, particularly young people.
Source: The Age
8th May, 2006 The chief of Australia's competition watchdog says he doesn't feel under any pressure from the Federal Government to quickly clear hurdles to Telstra's full sale.
Source: The Age - Jason Koutsoukis
7th May, 2006 Telstra's 1.6 million mum-and-dad shareholders may finally find relief, as the PM moves to end a longstanding row over how much the company can charge its rivals.
Source: The Age - Tracy Withers and Fergus Maguire
5th May, 2006 Telecom Corp shares had their biggest slump in more than eight years after the New Zealand Government edict this week to open its network to competitors.
Source: Australian/AAP
5th May, 2006 Optus is preparing to offer free mobile phones to push customers towards its third generation, or 3G service.
Source: The Australian - Rhys Haynes
5th May, 2006 Optus has vowed to spend more than $1 billion as it defends profitability from heightened competition and regulatory pressures
Source: SMH - Jesse Hogan
5th May, 2006 Optus chief executive Paul O'Sullivan has admitted the main reason for its 8.5 per cent drop in full-year profit to $593 million - capped-price mobile plans - is also the key to protecting its mobile market.
Source: SMH - Lisa Murray
4th May, 2006 Telstra has dashed hopes of a resolution next week on the regulation of its new $3 billion broadband network, telling investors the Government was unlikely to make any announcement.
Source: The Age - Jesse Hogan
4th May, 2006 Optus's 3 per cent increase in mobile subscribers for the first three months of 2006 will not be enough to prevent it reporting a drop in quarterly earnings today, analysts predict.
Source: ABC Online
4th May, 2006 The High Court challenge to the Federal Government's new industrial relations (IR) laws will begin today. The six-day hearing has been billed as a showdown over state and federal relations.
Source: The Age - Jesse Hogan
3rd May, 2006 Telcos will begin marketing mobile phones to children aged between eight and 12 — because there are no new adult customers left in the Australian market.
Source: The Land - Michael Thomson
3rd May, 2006 A new row has broken out between Telstra and the Government over plans for the replacement of the CDMA network with 3G.
Source: The Australian - Blair Speedy
3rd May, 2006 Listed companies' directors and executives received an average pay rise of 10 per cent last year, double the increase afforded to average workers.
Source: Australian IT - Simon Hayes
3rd May, 2006 Unions have labelled proposed independent contractor legislation worse than Work Choices.
Source: The Age - Meaghan Shaw
3rd May, 2006 A Victorian single mother yesterday became one of the first Victorians to be hauled before a special building commission hearing under the threat of six months' jail.
Source: The Age
2nd May, 2006 Internet access company iiNet has warned its full-year earnings will be significantly below earlier projections of $40 million.
Source: Australian/AAP
2nd May, 2006 Telstra says it is not possible for a company to take over its code division multiple access (CDMA) telephone network when it moves over to a next generation mobile phone system.
Source: The Age - Jesse Hogan
2nd May, 2006 Telstra is seeking Federal Court intervention to force the competition watchdog to back down in the multimillion-dollar battle over its latest increase in line rental price.
Source: Age/AAP
2nd May, 2006 A final decision on when to sell the government's majority shareholding in Telstra should be made in the next few weeks, Finance Minister Nick Minchin said.
Source: SMH/AAP
1st May, 2006 A woman accused of making almost 90 fake emergency calls has been charged by police.
Source: ABC Online
1st May, 2006 The Australian Council of Trade Unions (ACTU) says today's start of the new Australian Fair Pay Commission will lead to a wage freeze for low paid workers.
Source: The Australian - Richard Gluyas and Samantha Maiden
1st May, 2006 The Federal Government has conceded that regulatory uncertainty over Telstra's $3 billion investment in a new broadband network could push the timing of the carrier's full privatisation into next year.
Source: The Age/AAP
1st May, 2006 The Federal Government says it may be forced to delay its final decision on Telstra's full privatisation because of regulatory uncertainty.
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