RBA's McGauchie promoted at Telstra Corp
McGauchie, 54, votes on monetary policy as a member of the RBA's board and has been a director at Melbourne-based Telstra since 1998. McGauchie will oversee a plan outlined last month to focus on existing operations and return A$4.5 billion ($3.3 billion) to shareholders through dividends and share buybacks, he said in a statement.
Telstra
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