Australia newsExecutive payTelecommunications industryTelstra

Telstra CEO gets $700,000 pay rise to $6.8m despite Australia-wide outage

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This story was selected and curated by our editorial team in the Australia news category. Published on August 12, 2026 • Originally reported by Luca Ittimani and Josh Taylor. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Telco board cuts senior executive bonuses by total $1.3m after tech fail that affected millions

Telstra has paid its chief executive, Vicki Brady, $6.8m for the year ending in June, after docking 20% of her bonus in response to the network’s nationwide outage in July.

The company reported financial results on Thursday. Its board met on Monday and decided to cut Brady’s bonus by $607,000 – but she still took home a $700,000 pay rise as she was awarded a total of $6.1m the year before.

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