Telstra CEO gets $700k pay rise to $6.8m despite nationwide outage

Telstra CEO Vicki Brady received $6.8m in total pay for the year ending June — a $700,000 rise on the prior year — despite the board cutting her bonus by $607,000 following a nationwide network outage in July. The outage affected millions of Australians, prompting the board to reduce senior executive bonuses by a combined $1.3m. The base pay increase more than offset the bonus reduction.