ASX 200 LIVE: Court questions if ASIC’s ANZ fix-up is ‘satisfactory’; GDP data cools rate hike fears

Corporate regulator ASIC is being taken to task over what the regulator has done to ensure ANZ, led by new chief Nuno Matos, does not repeat its past failures.

It's the second day of a court hearing into ASIC's $240m fine on ANZ, led by chief executive Nuno Matos.

The Australian’s rolling coverage of business and markets news for Wednesday, December 3.

The ASX 200 index has jumped from flat to be 0.4 per cent higher at 8609.60 points at 11.35am AEDT after GDP growth data missed expectations, cooling rate hike bets.

Originally published as ASX 200 LIVE: Court questions if ASIC’s ANZ fix-up is ‘satisfactory’; GDP data cools rate hike fears