Get ready for the industry to be stung - it's a massive figure
Camilla Theakstone is a journalist with experience in broadcast, print and digital journalism. She studied Journalism and Media at the University of New South Wales from 2017 - 2019 and worked in multiple news organisations, including News Corp and Channel 7, throughout her studies. Her main areas of interest are business, finance and public interest journalism. She now reports for Insurance Business Australia.
It joins a raft of mega firms that have issued profit target warnings