ACBE100 Academic Communication in Business and Economics

ACADEMIC COMMUNICATION BUSINESS
AND ECONOMICS- SUSTAINABLE
DEVELOPMENT
09/13/2021

Introduction
Optus is one of the largest telecom company in Australia
The company was founded in 1981 and currently holds 38% of the
Australian Telecom market.
The company earned a revenue of AUD 8.43 billion as of 2017, with an
operating Revenue of AUD 4.308 billion and net profit of AUD 963 million.
The company also spends a significant amount of money on CSR spending
about AUD 9.4 million and supporting about 299 charity organizations.
09/13/2021

09/13/2021

Sustainability Issue: Poverty
09/13/2021
Poverty is still a major problem faced by the Australian Government
According to Australian Council of Social Service (ACOSS), more than 3
million Australians live below the poverty line and includes 739,000 children
(acoss.org.au 2018).
According to the reports, one in eight adults and one in six children live in
poverty.
Moreover, children in single parent families are three times more likely to
live in poverty (anglicaresa.com.au 2018).
Australia’s poverty rate is the 14th highest as shown in the table next.
The poverty have adversely affected the health and wellbeing of the
people, reduced access to proper healthcare and education and have
reduced employability among people living in impoverished and
disadvantaged conditions.