Just when you thought the fallout from last Wednesday's Optus outage couldn't get more bizarre, it's been confirmed the embattled telco's owner in Singapore is the main culprit. It's another embarrasing development about the way the nationwide crash has been handled and it raises further questions about the telco's backups for an essential services.

Reporter: Peter Ryan, Senior Business Correspondent

Featured: Michael Alp, Australia NZ managing director Cohesity

Well if you thought the fallout from last Wednesday's Optus outage couldn't get more bizarre, there are reports this morning that it's parent company in Singapore might be responsible.

Optus is yet to confirm the link, but the link to Singtel as a chief cause for the nationwide shutdown raised further questions about the telco's backups for an essential services.

What was the weirdest question you copped at a job interview? Also - how Optus and DP World rate as crisis case studies.

I speak with Ali Moore on ABC Radio Melbourne.

The ANZ is the latest bank to reveal a multi billion dollar profit as borrowers continue to feel the pain from inflation and rising interest rates on their home loans. But the ANZ's boss Shayne Elliott says while the bank has profited from higher rates a surprisingly small number of customers are in mortgage stress.

Reporter: Peter Ryan, Senior Business Correspondent

Featured: Shayne Elliott, ANZ chief executive

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This time yesterday the port operator DP World was reeling from a cyberattack that left around 30-thousand shipping containers stranded in the critical leadup to Christmas.

Although DP World's operations are now back online, the company's Australian boss still doesn't know how the hackers got in, or whether they took any private data - and he's told the ABC there's been no ransom demand so far.

The ANZ is the latest major bank to reveal a multi billion dollar profit as borrowers continue to feel the pain from inflation and rising interest rates on their home loans.

But the ANZ's boss Shayne Elliott says while the bank has profited from higher rates a surprisingly small number of customers are in mortgage stress.

The nation's cyber security agencies are working alongside one of the nation's largest port operators after it was hit with a crippling ransomeware attack at the weekend.

There are growing concerns about supply chain disruptions in the leadup to Christmas as DP World works to bring its system back online after the the cyberattack forced a shutdown of its operations.

We speak with Home Affairs Minister Clare O'Neil.

The likelihood of at least one more interest rate rise has increased after the Reserve Bank delivered a slightly rosier-than-anticipated outlook for Australia's economy and the risk that inflation will remain higher for longer.

As embattled telco giant Optus stuggles to restore its smashed reputation after Wednesday's nationwide outage, it's pushing back on pressure to financially compensate customers left in the dark. Instead of stumping up with cash, Optus is offering free data to appease its ten million customers. Optus CEO Kelly Bayer Rosmarin says the data offer acknowledges "patience and loyalty".

Reporter: Peter Ryan, Senior Business Correspondent

Featured: Kelly Bayer Rosmarin, Optus chief executive

As embattled telco giant Optus stuggles to restore its smashed reputation after Wednesday's nationwide outage, it's pushing back on pressure to financially compensate customers left in the dark. But instead of stumping up with cash, Optus is offering free data to appease its ten million customers. Optus CEO Kelly Bayer Rosmarin says the data offer acknowledges "patience and loyalty".

Reporter: Peter Ryan, Senior Business Correspondent

Featured: Kelly Bayer Rosmarin, Optus chief executive

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