Peter Ryan_ABC News Soundcloud

With the new Reserve Bank governor Michele Bullock on heightened alert about rising inflation, key economic data out this week could influence the likelihood of the need for yet another interest rate rise. Also, legislation to reform the RBA will be introduced in parliament today after an extensive review that contributed to the exit of governor Philip Lowe. Reporter: Peter Ryan, Senior business c...

Reserve Bank governor Michele Bullock threatens "blunt instrument" of rate hikes to tackle domestic rather than offshore inflation. Supports RBA review 100pc and points to "culture and leadership" issues where some insiders speak but dont listen.

Reserve Bank of Australia governor Michele Bullock threatens to use the "blunt instrument" of interest rate hikes to tackle what's now domestic rather than offshore inflation. Ms Bullock says she supports the findings of this year's RBA review "100 percent" .. and points to "culture and leadership" issues where some RBA insiders who speak but not listen will "find it tough" telling me her road to...

On AM - Reserve Bank governor Michele Bullock warns of a "substantial policy response" to fight domestic rather than offshore inflation now hot in hairdressing, dentists, insurance, dining out. Concedes hikes don't resonate with some - but threatens to use the "blunt instrument"On AM - Reserve Bank governor Michele Bullock warns of a "substantial policy response" to fight domestic rather than offs...

Nearly two-thirds of organisations worry their Boards don't understand cyber challenges and are not fully prepared for a data crisis, the Goverance Institute warns. A survey of 345 executives found 57 percent are not positive about how their organisation manages and protects important data. Governance Institute CEO Megan Motto says the standout risk is cyberattacks followed by new technologies lik...

Alarming signs that some businesses are passing higher inflation costs on to Australian consumers convinced the Reserve Bank that another interest rate rise was needed to dampen inflation expectations. Minutes from the RBA's meeting a fortnight ago noted that while "longer-term" inflation expectations remain "broadly anchored" there were "growing signs of a mindset among businesses" that any cost...

The crisis at Optus during the nationwide outage and the chaotic communications in the immediate aftermath has been slammed by the head of Australia's corporate watchdog. Joe Longo, chairman of the Australian Securities and Investments Commission, tells AM Optus customers are rightly angry that there appeared to be no well-developed crisis plan to ensure essential services like the 000 emergency s...

The crisis at Optus during the nationwide outage and the chaotic communications in the immediate aftermath has been slammed by the head of Australia's corporate watchdog. Joe Longo, chairman of the Australian Securities and Investments Commission, says Optus customers are rightly angry that there appeared to be no well-developed crisis plan to ensure essential services like the 000 emergency servi...

After days of speculation about her future, Optus chief executive Kelly Bayer Rosmarin has resigned. The decision to quit comes after Ms Bayer Rosmarin face intense criticism a nationwide outage on November the 8th stranded ten million Optus customers. The question now is whether a new CEO will be able to rebuild the telco's smashed reputation. Reporter: Peter Ryan, Senior Business Correspondent F...

The future of Optus chief executive Kelly Bayer Rosmarin remains uncertain as the embattled telco tries to rebuild its reputation after a damaging nationwide outage. Ms Bayer Rosmarin underwent a tough interrogation during Friday's senate hearings .. but how long before she faces an outage of her own? Also, Hamish McLennan has been punted as chair of Rugby Australia in a boardroom coup citing "a c...

Optus CEO Kelly Bayer Rosmarin has attempted to deflect speculation she is under pressure to resign after last week's nationwide outage. Asked outright by Liberal Senator Sarah Henderson if planned to quit, Ms Bayer Rosmarin would only say "it has not been a time to be thinking about myself". Ms Bayer Rosmarin has also been pressed over the outage of the 000 emergency and accused of trying to shar...

Optus chief executive Kelly Bayer Rosmarin is facing the full force of a Senate inquiry into the cause and the management of last week's nationwide outage which took ten million customers offline. The senate grilling comes amid speculation that Ms Bayer Rosmarin might be considering an outage of her own - and resign as CEO given the political and customer heat.

After more than a week of public anger over its nationwide outage that took ten million customers offline, Optus chief executive Kelly Bayer Rosmarin will face a potentially hostile Senate grilling today. The telco has copped intense criticism for its of the outage. It's offers of free data as compensation has gone down a "hollow gesture" with businesses saying they lost tens of thousands of dolla...

Qantas has suffered another blow to its reputation - found guilty of illegally firing a health and safety representative at the height of the pandemic. The sacking of the longstanding worker comes almost two months after the High Court found Qantas acted unlawfully when it sacked 1700 ground workers when covid lockdowns grounded global aviation.

As we get towards the end of the year you might be starting to relax a bit - but there's no rest for economists watching every bit of data that might prod the Reserve Bank into yet another interest rate rise. Later this morning, we'll get an official update on employment and maybe an indication on whether the economy is slowing from 13 rate rises since May last year.

Just when you thought the fallout from last Wednesday's Optus outage couldn't get more bizarre, it's been confirmed the embattled telco's owner in Singapore is the main culprit. It's another embarrasing development about the way the nationwide crash has been handled and it raises further questions about the telco's backups for an essential services. Reporter: Peter Ryan, Senior Business Correspond...

Well if you thought the fallout from last Wednesday's Optus outage couldn't get more bizarre, there are reports this morning that it's parent company in Singapore might be responsible. Optus is yet to confirm the link, but the link to Singtel as a chief cause for the nationwide shutdown raised further questions about the telco's backups for an essential services.

What was the weirdest question you copped at a job interview? Also - how Optus and DP World rate as crisis case studies. I speak with Ali Moore on ABC Radio Melbourne.

The ANZ is the latest bank to reveal a multi billion dollar profit as borrowers continue to feel the pain from inflation and rising interest rates on their home loans. But the ANZ's boss Shayne Elliott says while the bank has profited from higher rates a surprisingly small number of customers are in mortgage stress. Reporter: Peter Ryan, Senior Business Correspondent Featured: Shayne Elliott, ANZ...

This time yesterday the port operator DP World was reeling from a cyberattack that left around 30-thousand shipping containers stranded in the critical leadup to Christmas. Although DP World's operations are now back online, the company's Australian boss still doesn't know how the hackers got in, or whether they took any private data - and he's told the ABC there's been no ransom demand so far.

The ANZ is the latest major bank to reveal a multi billion dollar profit as borrowers continue to feel the pain from inflation and rising interest rates on their home loans. But the ANZ's boss Shayne Elliott says while the bank has profited from higher rates a surprisingly small number of customers are in mortgage stress.

The nation's cyber security agencies are working alongside one of the nation's largest port operators after it was hit with a crippling ransomeware attack at the weekend. There are growing concerns about supply chain disruptions in the leadup to Christmas as DP World works to bring its system back online after the the cyberattack forced a shutdown of its operations. We speak with Home Affairs Mini...

The likelihood of at least one more interest rate rise has increased after the Reserve Bank delivered a slightly rosier-than-anticipated outlook for Australia's economy and the risk that inflation will remain higher for longer.

As embattled telco giant Optus stuggles to restore its smashed reputation after Wednesday's nationwide outage, it's pushing back on pressure to financially compensate customers left in the dark. Instead of stumping up with cash, Optus is offering free data to appease its ten million customers. Optus CEO Kelly Bayer Rosmarin says the data offer acknowledges "patience and loyalty". Reporter: Peter R...

As embattled telco giant Optus stuggles to restore its smashed reputation after Wednesday's nationwide outage, it's pushing back on pressure to financially compensate customers left in the dark. But instead of stumping up with cash, Optus is offering free data to appease its ten million customers. Optus CEO Kelly Bayer Rosmarin says the data offer acknowledges "patience and loyalty". Reporter: Pet...