Telstra gets 2nd biggest fine in history | Aussie winemaker pivoting from China | Uber, WeWork investor breaks Japan record

Published: May 16, 2021, 7 p.m.

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Telstra has received the second biggest fine in the history of Australian consumer law – for selling mobile phone plans to Indigenous Australians that left them with major debts.

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Aussie wine maker Treasury Wine Estates is pivoting from China to the US market and will start prioritising its Penfolds brand.

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SoftBank, the company behind investments in Uber, WeWork and Alibaba, has hit a national record for profits in Japan.

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