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Australia’s biggest telco has defended price hikes as it spends $800m upgrading its network to power the AI boom and rewards shareholders with a hefty dividend increase.
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Good afternoon,

Telstra has defended its price hikes as the telco giant says it will spend $800m upgrading its network during the next four years to ensure it can power the artificial intelligence boom and fend off increased competition from rivals TPG and Optus.

Apple has released a $999 smartphone which features the same A18 chip as its iPhone 16 range,  making it “built for Apple Intelligence” - Apple’s AI offering.

Flight Centre’s corporate travel division is ramping up its use of artificial intelligence and automation to increase its global market share and make it easier for businesses battling elevated airfares in premium cabins.

Let me know what you think — [email protected]
Jared Lynch
Technology editor
BREAKING
Telstra defends price hikes amid $800m upgrade
Australia’s biggest telco has defended price hikes as it spends $800m upgrading its network to power the AI boom and rewards shareholders with a hefty dividend increase.
PRODUCT LAUNCH
Apple unveils new ‘affordable’ and greener iPhone
The tech behemoth has released a new entry-level iPhone, which costs $400 less than the standard model. Here’s what the new features are.
COMMENTARY
Why Goodman’s AI pivot has a big message for investors
The veteran property investor is replaying the strategy that turned a small commercial property trust into a $70bn industrial powerhouse.
REGULATION
ACCC to launch new cartel actions, warns on crypto fraud
The Australian Competition and Consumer Commission is concerned about influencers peddling get rich crypto scams in the wake of proposed deregulation of the sector by Trump.
AVIATION
Want the best business class fare? AI can do that says Flight Centre
Finding better business class seats for its booming corporate travel arm is just one of the ‘efficiencies’ Flight Centre says should come from its expansion of AI for customers.
DIGITAL INNOVATION
Aussie workers love AI but their employers don’t
Almost two thirds of Australians are using AI at work and 96 per cent say they’re confident with the technology but employers are failing to see a return on their investment, survey results show.

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