US regulatory hurdles have delayed the launch of Optus’s much-hyped partnership with Elon Musk’s Starlink to provide the first satellite direct-to-handset services to Australians. Meanwhile, the telco’s $1.6bn network sharing deal with TPG has yielded a 40 per cent surge in new customers as “fed up Australians” ditch the nation’s biggest and most expensive telco for cheaper Vodafone plans. They’re young, digital savvy and yet to experience a major financial crisis in their lifetimes. But a recession could change all of that for Gen Z, which now makes up one third of the Australian workforce and are making money investing in financial markets, property and reshaping the corporate ladder. |