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ASX slips as cyclical rally cools; Bega to raise $400m for Lion deal – The Sydney Morning Herald

The ASX 200 slipped in early trade as investors switched from value to growth stocks following a mixed Wall Street session.

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Telstra has admitted that staff at five stores in the Northern Territory, South Australia and Western Australia used unfair selling tactics and took advantage of a substantially stronger bargaining position when selling post-paid mobile products on behalf of Telstra.
Many of the consumers spoke English as a second or third language, had difficulties understanding Telstras written contracts, and many were unemployed and relied on government benefits or pensions as the primary source of their limited…

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