Telstra boosts dividend as mobile price hikes pay off

Telecommunications giant Telstra has beaten expectations with a $1.1 billion first-half net profit, driven by strong earnings growth from its mobile division.

Telecommunications giant Telstra has beaten expectations with a $1.1 billion first-half net profit, driven by strong earnings growth from its mobile division.
More than 1,000 homes will replace the defunct Edith Cowan University site in Mount Lawley.
But Housing Minister John Carey, who released the 18 hectare site masterplan on Tuesday, said the development would be a slow process because of remediation and other issues.
"It's an incredible location, close to the city, on high transport routes," Mr Carey said.
"There's a real opportunity to create a new urban village."