Telstra boosts dividends; labour market stays tight; end of the supersize meal era?

Friday 20 February 2026

Telstra announces a jump in its dividend as its mobile business powers earnings, just as Wesfarmers provides a note of caution about consumer spending. 

• The unemployment rate last month came in at 4.1 per cent, upping the chance of an interest rate hike in coming months. 
• The local share market hits an all-time high. 
• Mark Zuckerberg concedes it is difficult to enforce age limits on social media. The era of super-sized meals might be coming to an end.

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