/ 18 October 2023

Calling for answers on the Voice spend

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Telco giant Telstra has become the first big Aussie corporation to be grilled by shareholders on its significant financial support for Voice referendum’s ‘Yes’ campaign. Telstra’s annual general meeting (AGM) was yesterday, and outgoing chairman John Mullen copped it over the $1 million contribution of company/shareholders’ money. He said there were opposing views on the Voice, “even within Telstra,” but the decision was made in consultation with Indigenous leaders. “Support was in the best interests of the company, and therefore the best interests of our shareholders,” Mullen said. There were also questions over the suitability of new director Maxine Brenner – who’s on the Qantas board but will leave early next year – but Mullen said he backed her fully. And just a forewarning – it’s AGM season, so expect more of this over the coming weeks…

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