ASX Announcements
Update regarding ANZ's Pacific operations
Progress Report
Update - Notification of buy-back - ANZ
Daily Share Buy-Back Notice
Update - Notification of buy-back - ANZ
Daily Share Buy-Back Notice
Update - Notification of buy-back - ANZ
Daily Share Buy-Back Notice
Notification of cessation of securities - ANZ
Appendix 3H (Notification of cessation of securities)
This Month
APRA warns of ‘international upheaval’ in lending rules
The prudential regulator’s chairman John Lonsdale said it was unlikely that Australia would follow the US in moderating the requirement to hold capital.
Robotic decision-making throws up new risk amid privacy reforms
Increasing use of “agentic AI” means banks must tread carefully to comply with regulations covering personal information.
RBA alarm over banks’ plans to shut key payments system
The Bulk Electronic Clearing System, which handles almost $18 trillion in payments, is being replaced. But the troubled transition has the RBA worried.
Feud over Australian banks a factor in RBNZ governor’s abrupt exit
Adrian Orr had been concerned that in the event of a financial calamity, Australian lenders – by far the dominant banks in New Zealand – would retreat back home.
Bank, super boards the target of APRA’s new director rules
The lobby group for company directors described some of the proposals, which include limits on tenure and more oversight in succession planning, “overreach”.
This young commodity trader learnt from Macquarie’s $58m man
These two women are on their way up in the world of banking, in small part thanks to some pointed words of encouragement and extremely relevant advice.
February
Postie may come every three days if letters keep dying
Daily letter deliveries are a thing of the past and could fall further, but Australia Post has posted a healthy profit and looks set to expand its deal to provide rural banking.
Big banks won’t automatically lower repayments after rate cut
NAB, CBA and ANZ require customers to “opt in” to get a reduction in monthly repayments, as lower interest rates were applied on Friday.
ASX closes at one-month low, CBA down 2pc; Megaport rallies
Shares closer lower; new jobs hit 44,000, topping forecasts; Megaport soars 19pc; banks slump; Magellan down 10pc; Fortescue, Rio cut dividend.
Bank profit falls send uneasy investors into panic mode
NAB was the second major bank in three days to warn of weaker profits. An 8 per cent share price fall raised investors’ concerns the sector has begun to derate.
Think you need to be an accountant to be a CFO? You don’t
Analysis primarily of biographies and LinkedIn profiles of ASX 50 chief financial officers found that just over 60 per cent cite professional accounting qualifications.
Major banks move quickly to pass on cut in full
Westpac, NAB, CBA and ANZ have all announced a 25-basis-point cut to their mortgage rates, just minutes after the central bank moved the cash rate lower.
The graduate employment boom is losing steam
Graduates can still find employer programs straight out of university, but it’s becoming tougher as the employment market retreats from boom time to just good times.
Why Comyn is cautious celebrating CBA’s bumper profit
Chief executive Matt Comyn has plenty to celebrate in the bank’s results. Unlike politicians, he prefers to avoid claiming much credit for that.
Banks strike Australia Post deal to bolster rural branches
Lenders will extend moratoriums on country branch closures and have agreed to lift funding for over-the-counter services provided at post offices.
CBA cracks down on ‘coffee badging’, Woolies joins WFH push
The big four bank tells staff they have to spend at least four hours in the office to count for a day’s work, while Woolies joins the back-to-the-office push.
Goldman Sachs alumni are taking over banking
From Westpac’s Anthony Miller to Commonwealth Bank’s Andrew Hinchliff, the Wall Street giant is well represented on Australian bank executives’ CVs.
There’s a new mortgage war brewing
Competition is creeping up again in the mortgage market. But there’s a new battleground opening up as one bank puts the pedal to the metal.
US private debt house Monroe Capital to open Australia office
Monroe Capital will open a Sydney office and has tapped former Hines Investment Management’s capital markets director Galen Fu to develop its local business.
January
10 CEOs under the pump in 2025
Overextended stockmarket valuations equal heightened investor expectations. The market has these 10 chief executives in its sights.