The Daily Aus

Headlines: Optus fined for targeting vulnerable customers

Sep 24, 2025
This episode highlights several pressing topics. Inflation has surged by 3% as reported by the ABS, creating economic ripples. Optus faces a staggering $100 million fine for targeting vulnerable customers with unaffordable products. In a shocking legal ruling, a Florida man was found guilty of attempting to assassinate former President Trump. On a brighter note, scientists have developed a method to enhance the nutrition of rice while using less fertilizer, promising a more sustainable future.
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INSIGHT

Inflation Tick Up But Core Eases

  • Annual inflation reached 3% in the year to August, the highest since July 2024. The trimmed mean eased slightly from 2.7% to 2.6%, showing core inflation is lower than headline figures.
INSIGHT

Which Prices Drove Inflation

  • Alcohol and tobacco rose the most at 6% and housing rose 4.5% over the year to August. Electricity fell month-to-month but is up 24.6% annually due to last year's rebates ending.
INSIGHT

Optus Fined For Targeting Vulnerable Customers

  • Optus was fined $100 million after admitting it sold products to hundreds of vulnerable customers who couldn't afford them. The ACCC sued and the Federal Court called the conduct "clearly unconscionable" and "appalling."
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