Alarming signs that some businesses are passing higher inflation costs on to Australian consumers convinced the Reserve Bank that another interest rate rise was needed to dampen inflation expectations.

Minutes from the RBA's meeting a fortnight ago noted that while "longer-term" inflation expectations remain "broadly anchored" there were "growing signs of a mindset among businesses" that any cost increases could be passed on.

The crisis at Optus during the nationwide outage and the chaotic communications in the immediate aftermath has been slammed by the head of Australia's corporate watchdog. Joe Longo, chairman of the Australian Securities and Investments Commission, tells AM Optus customers are rightly angry that there appeared to be no well-developed crisis plan to ensure essential services like the 000 emergency services could be quickly restored.

Reporter: Peter Ryan, Senior Business Correspondent

Featured: Joe Longo, chairman, Australian Securities & Investments Commission

The crisis at Optus during the nationwide outage and the chaotic communications in the immediate aftermath has been slammed by the head of Australia's corporate watchdog. Joe Longo, chairman of the Australian Securities and Investments Commission, says Optus customers are rightly angry that there appeared to be no well-developed crisis plan to ensure essential services like the 000 emergency services could be quickly restored.

Reporter: Peter Ryan, Senior Business Correspondent

Featured: Joe Longo, chairman, Australian Securities & Investments Commission

After days of speculation about her future, Optus chief executive Kelly Bayer Rosmarin has resigned. The decision to quit comes after Ms Bayer Rosmarin face intense criticism a nationwide outage on November the 8th stranded ten million Optus customers. The question now is whether a new CEO will be able to rebuild the telco's smashed reputation.

Reporter: Peter Ryan, Senior Business Correspondent

Featured: Kelly Bayer Rosmarin, former chief executive, Optus

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The future of Optus chief executive Kelly Bayer Rosmarin remains uncertain as the embattled telco tries to rebuild its reputation after a damaging nationwide outage.

Ms Bayer Rosmarin underwent a tough interrogation during Friday's senate hearings .. but how long before she faces an outage of her own?

Also, Hamish McLennan has been punted as chair of Rugby Australia in a boardroom coup citing "a coordinated smean campaign" that was "all about money and power".

Optus CEO Kelly Bayer Rosmarin has attempted to deflect speculation she is under pressure to resign after last week's nationwide outage. Asked outright by Liberal Senator Sarah Henderson if planned to quit, Ms Bayer Rosmarin would only say "it has not been a time to be thinking about myself". Ms Bayer Rosmarin has also been pressed over the outage of the 000 emergency and accused of trying to share the blame.

Reporter: Peter Ryan, Senior Business Correspondent

Featured: Kelly Bayer Rosmarin, chief executive, Optus

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Optus chief executive Kelly Bayer Rosmarin is facing the full force of a Senate inquiry into the cause and the management of last week's nationwide outage which took ten million customers offline.

The senate grilling comes amid speculation that Ms Bayer Rosmarin might be considering an outage of her own - and resign as CEO given the political and customer heat.

After more than a week of public anger over its nationwide outage that took ten million customers offline, Optus chief executive Kelly Bayer Rosmarin will face a potentially hostile Senate grilling today. The telco has copped intense criticism for its of the outage. It's offers of free data as compensation has gone down a "hollow gesture" with businesses saying they lost tens of thousands of dollars in lost revenue.

Reporter: Peter Ryan, Senior Business Correspondent

Featured: Kelly Bayer Rosmarin, chief executive, Optus

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Qantas has suffered another blow to its reputation - found guilty of illegally firing a health and safety representative at the height of the pandemic.

The sacking of the longstanding worker comes almost two months after the High Court found Qantas acted unlawfully when it sacked 1700 ground workers when covid lockdowns grounded global aviation.

As we get towards the end of the year you might be starting to relax a bit - but there's no rest for economists watching every bit of data that might prod the Reserve Bank into yet another interest rate rise.

Later this morning, we'll get an official update on employment and maybe an indication on whether the economy is slowing from 13 rate rises since May last year.