THE DISTILLERY: Telstra plug

Two jotters say Telstra’s well placed to shore up asbestos concerns, while others predict the cash rate will stay on hold.

Telstra Corporation shares took a small slip yesterday as investors dealt with a word that has a long, sad history in Australia – asbestos. But two commentators point out that Telstra is surely well placed to deal with this problem. Asbestos is hardly a new thing for a company routinely involved in construction.

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