Category Archives: Business

Live blog: Telstra public meeting from 6 – 8pm, 23/01/13 (updated)

The telecommunications company Telstra has called a public meeting with Balgowlah residents to discuss the installation of a mobile phone antenna on top of a power pole in New Street, Balgowlah.

From 6PM on Wednesday, you can read the full story right here on The Sydney Newsdesk. Reporter Mackenzie Price will be live streaming updates throughout the night keeping you up to date with everything you need to know.

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Boral announces 700 job cuts

Mackenzie Price/The Sydney Newsdesk

Mackenzie Price/The Sydney Newsdesk

Boral has today announced a restructuring plan that will cut 700 jobs company-wide.

The CEO and Managing Director of Boral Limited said in the companies ASX release “This is a great company, with a great history and great potential. However, over time, it has become burdened with excessive overhead costs. While this may be less obvious during the good times, it becomes critically exposed when times are tough.”

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