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Telstra gets 2nd biggest fine in history | Aussie winemaker pivoting from China | Uber, WeWork investor breaks Japan record

Telstra gets 2nd biggest fine in history | Aussie winemaker pivoting from China | Uber, WeWork investor breaks Japan record

Published 5 years ago
Description

Telstra has received the second biggest fine in the history of Australian consumer law – for selling mobile phone plans to Indigenous Australians that left them with major debts.

 

Aussie wine maker Treasury Wine Estates is pivoting from China to the US market and will start prioritising its Penfolds brand.

 

SoftBank, the company behind investments in Uber, WeWork and Alibaba, has hit a national record for profits in Japan.

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