Lucy Battersby

Lucy Battersby

Lucy Battersby is Technology Reporter for Fairfax Media. She worked on communications policy for the federal government before joining Fairfax in 2006.

Reserve Bank rate rise surprises markets

Lucy Battersby THE Reserve Bank's surprise decision to increase the official cash rate yesterday lifted banking shares and sent the Australian dollar above parity with the US dollar.

RBA sends $A above parity

dollar

Lucy Battersby Australia's dollar pushed through parity with its US counterpart for the second time in three weeks after a shock lift in rates by the Reserve Bank.

Macquarie hits back over telco claims

Macquarie logo

Lucy Battersby Macquarie Group has hit back at claims it acted improperly by taking on equipment leasing deals designed by telecommunications companies.

Telstra to cut 950 jobs around Australia

Lucy Battersby TELSTRA will axe 950 executive and middle-management jobs in corporate offices around Australia in a bid to cut costs and reduce bureaucracy, the company announced yesterday.

Telstra to slash 950 jobs

telstra

Lucy Battersby Telstra will slash almost 1000 jobs across the country.

Futures trading grinds to a halt

Lucy Battersby THE futures market froze for almost two hours yesterday when three products tripped up the wider market just seconds after key economic data was released.

NBN in wrangle over rural pricing

Lucy Battersby NBN Co and the competition watchdog will consult the telecommunications industry for two weeks on a controversial engineering recommendation aimed at making broadband services available in rural...

Regulator rings the changes on numbers

Lucy Battersby THE communications regulator is to overhaul Australia's telephone numbering system after noticing an increase in the use of phone calls on the internet, as well as general consumer apathy about the...

Phone numbers set for shake-up

Mobile phone

Lucy Battersby The communications regulator is set to overhaul Australia's telephone numbering system after noticing an increase in the use of internet-based phone calls, as well as general consumer apathy about...

ACCC steps in to regulate prices

Lucy Battersby TELSTRA may be forced to charge lower wholesale prices for fixed broadband services as the competition watchdog considers backing out of a 2008 decision not to regulate wholesale services.

Up to 90% see the need for speed

Lucy Battersby NBN Co is overwhelmed by the number of households in mainland test sites signing up for an optical fibre connection to the national broadband network.

Job cuts flagged as Australia Post turns to retail

Post office

Lucy Battersby AUSTRALIA POST has set aside $150.2 million for redundancies over the next five years as it is restructured to reap more revenue from retail products, providing services for the government and...

$1 a day marks the start of telco prepaid price war

Mobile phone

Lucy Battersby Optus has fired a defensive shot ahead of Telstra's anticipated grab for lucrative prepaid customers with a new pricing strategy offering calls for $1 a day.

Battle for prepaid customers heats up

Lucy Battersby OPTUS has fired a defensive shot at Telstra's expected grab for lucrative prepaid customers with a pricing strategy offering unlimited calls for $1 a day.

NBN Co set to use semi-idle satellites to deliver remote broadband

Lucy Battersby NBN Co is close to signing up a satellite provider to supply broadband to remote households, delivering on a promise that helped Labor secure the support of the independents to form government.

Online banking expert to help Telstra win back customers

Lucy Battersby TELSTRA has hired a former banking e-commerce specialist to improve its online capabilities as part of a plan to increase self-service among its customer base.

Unstoppable dollar poses threat to big miners

Iron ore mine

Lucy Battersby MINING earnings are at risk if the Australian dollar remains strong against the greenback, as retail investors look for opportunities to benefit from the currency's historically high levels.

Limitations of 'unlimited'

Lucy Battersby THE competition regulator says slowing broadband speeds after customers exceed a download limit on an ''unlimited'' plan is like selling them a Ferrari with one gear.

NBN a cloud over Telstra, says fund

Telstra

Lucy Battersby TELSTRA'S recent profit results are ''concerning'' and the company faces years of uncertainty if the national broadband network is built, according to senior investment staff at the Australian...

Uncertainty sends share price down

Lucy Battersby TELSTRA'S share price reached fresh lows as investors abandoned it despite its promises to become more competitive and responsive to customers.