The telco has agreed that it took advantage of indigenous people in remote areas and people with poor English skills.
The Australia central bank’s forecasts suggest, however, that there may be only one more rate hike in this cycle.
The executive was criticised for her slow response to the outage that affected a third of Australia’s population last week.
Timetable for new system remains unclear, and Australian stock exchange has previously said it would maintain Chess until 2032.
The Mars Cap saga continues as administrators continue to unravel what happened to billions in investor funds.
The airline recently flew back into profit and new owner Bain Capital is pondering the timing of an IPO likely next year.
Manager selection is still crucial, however, with a big difference in active fund performance in asset classes such as emerging markets.
RBA policy has engineered a slowdown that needs to be slow enough to calm inflation while not being so slow it causes a recession.
The RBA forecasts are based on interest rates, now at 4.35%, falling to 3.5% by the end of 2025.
EY is the second Big Four firm to announce redundancies this week, after PwC.