AGP Executive Report
Last update: 12 hours agoTelstra Outage Fallout: Australia’s biggest mobile network went down nationwide, disrupting calls, data, trains, EFTPOS and even some triple-zero access; Telstra says there’s no evidence of malicious activity, but the root cause is still being investigated after a reported failure in time-synchronisation nodes across east-coast data centres. Political Pressure: Coalition MPs demanded answers and pushed for the Telstra CEO to return from leave, while the telecoms ombudsman flagged impacts on up to 100,000 customers. Energy & Cost Context: Oil jumped after US strikes on Iran and renewed Strait of Hormuz tensions, feeding into broader market jitters as the ASX slid. EV & Auto Updates: MG S5 EV gets a simplified 2026 line-up with a stronger 150kW motor and longer claimed range on the Essence 62; Kia will end production of its K9 luxury sedan by end-2026 with no direct replacement. Renewables Deal: CleanPeak will supply 100% renewable electricity to Western Sydney International Airport via rooftop solar plus a 120MWh battery under a seven-year agreement. Beauty/Skincare Launch: pHformula expanded its MIXIT professional resurfacing system with new regeneration and recovery solutions for clinicians. Business/Comms: Finn Partners acquired Sydney agency Honner to expand its financial services communications footprint across APAC.
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