BG> Given that a 1 cent (i.e. 4%) reduction per 25 cent call
BG> fee results in a loss of revenue to Telstra of $1.2 million
BG> (source: Frank Blount, ABC-TV),

The 1-Jun P2 report of that speech in the SMH has that at $120M for
a 1c reductions, and quotes him as saying 'a 10c reduction is big bucks'
The $120M figure fits much better with Telstras gross revenue figure too.

BG> a 25% overall discount equates to a loss in the order
BG> of $7.5 million, not at all what I'd call a trivial amount.

True, and its a huge amount on the $120M figure. OTOH its
hard to say how many would qualify for the 25% discount too.

--- PQWK202