Telstra stands by its $1m backing for Voice

Original article by Matt Bell
The Australian – Page: 13 & 16 : 18-Oct-23

Telstra’s support for the ‘Yes’ campaign for an Indigenous Voice to parliament came under scrutiny at the telco’s AGM on Tuesday. Chairman John Mullen said the decision to contribute $1m to the campaign had been deemed to be in the best interests of the company and its shareholders; he emphasised that the personal views of Telstra’s executives and directors played no role in the decision. However, Australian Shareholders’ Association CEO Rachel Waterhouse contends that companies should only support a social cause if it aligns with their strategy and shareholders are fully informed.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, AUSTRALIAN SHAREHOLDERS’ ASSOCIATION

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