Business

Lucy Battersby

Lucy Battersby has covered trends, technology and telecommunications since joining The Age in 2008.

Telstra chief executive Andy Penn said Telstra was "definitely prepared to sell down" its stake to help achieve a float ...

Telstra could cut ties to Foxtel in float

Telstra is prepared to sell down its stake in a combined Foxtel-FoxSports to facilitate a float of the new business in the coming years, chief executive Andy Penn says.

It's a bad day for Telstra investors as its shares crashed on the prospect of lower dividends.

Telstra sheds $5b in minutes after dividend warning

Telstra shares dropped to their lowest price in five years on Thursday after the company announced a "material" reduction in its long-term dividend policy - a move that will affect about 1 million investors.

Street Talk

Ten knew Packer was out but didn't own up

Ten's directors knew for at least four weeks before the company's collapse that James Packer was not going to guarantee a new loan, but failed to pass this information on to shareholders.

About 36 per cent of Australians aged over 70 are binge-watching television shows, defined as three or more episodes in ...

Australians still won't pay for online news

Australians are overwhelmingly unwilling to pay for online news, yet are getting more concerned about the quality of what they read online, according to the latest media habits report by Deloitte.