'Profits ahead of safety': outage grilling for Telstra

Telstra faces parliamentary inquiry over a nationwide outage that disrupted triple zero calls, business payments (80,000 EFTPOS terminals offline), and public transport across Victoria and NSW. Regulators are signalling tighter accountability requirements, with political pressure mounting for mandatory compensation and stronger network reliability laws. If you sell network infrastructure, payment systems or emergency comms to Australian telcos, mandatory resilience standards and automatic compensation rules are now in Parliament. Telstra's bill for this outage will set the floor for what regulators expect you to build and guarantee.