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Your afternoon Briefing: Hayne to lift lid on NAB’s ASIC negotiations

Good afternoon, readers. NAB’s discussions with the regulator to be made public and Coles reveals the plastic bag ban has hurt sales.

Good afternoon, readers. The Banking Royal Commission will shed light on NAB’s discussions with ASIC and Coles reveals the phasing out plastic bags could have been handled better.

TWAM-20183006 EMBARGO FOR TWAM 30 JUNE 2018NO REUSE WITHOUT PERMISSIONBANKING FEATURE The Commissioner Kenneth Hayne at the The Royal Commission into the Financial Services Industry. 12 February 2018.PHOTOGRAPHY: Eddie Jim/THE AGEFEE APPLIES
TWAM-20183006 EMBARGO FOR TWAM 30 JUNE 2018NO REUSE WITHOUT PERMISSIONBANKING FEATURE The Commissioner Kenneth Hayne at the The Royal Commission into the Financial Services Industry. 12 February 2018.PHOTOGRAPHY: Eddie Jim/THE AGEFEE APPLIES

Hayne lifts lid on NAB’s ASIC talks

Banking royal commissioner Kenneth Hayne has ruled in favour of publicly examining documents revealing NAB’s negotiations with ASIC.

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A shopper is seen carrying a reusable plastic bag at a Coles Sydney CBD store, Sydney, Monday, July 2, 2018. Woolworths says it will hand out free reusable bags for the next 10 days as its customers get used to its ban on single-use plastic bags. Woolies stores in NSW, Queensland, Victoria and Western Australia stopped providing free single-use plastic bags on June 20. (AAP Image/Peter RAE) NO ARCHIVING
A shopper is seen carrying a reusable plastic bag at a Coles Sydney CBD store, Sydney, Monday, July 2, 2018. Woolworths says it will hand out free reusable bags for the next 10 days as its customers get used to its ban on single-use plastic bags. Woolies stores in NSW, Queensland, Victoria and Western Australia stopped providing free single-use plastic bags on June 20. (AAP Image/Peter RAE) NO ARCHIVING

Coles sales hurt by bag ban

Coles has conceded for the first time that its phasing out of single-use plastic bags has dented sales.

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Pic of Australian Public Service Commissioner John Lloyd who is being profiled in Inquirer in Friday's paper. Go to main security desk and ask for Emma. Details above Picture Gary Ramage
Pic of Australian Public Service Commissioner John Lloyd who is being profiled in Inquirer in Friday's paper. Go to main security desk and ask for Emma. Details above Picture Gary Ramage

‘Group think stifling good policy’

Outgoing public service chief John Lloyd has used a defiant valedictory speech to criticise the ACTU and Labor.

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Fremantle Docker Andrew Brayshaw points to his teeth after being hit by Andrew Gaff in Round 20.
Fremantle Docker Andrew Brayshaw points to his teeth after being hit by Andrew Gaff in Round 20.

Gaff punch ‘assault’: brother

The brother of Fremantle player Andrew Brayshaw says Andrew Gaff would be facing prison for assault if the incident occurred on the street.

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Governor of the Reserve Bank of Australia, Philip Lowe, addresses the Australian Financial Review BHP Business Summit in Sydney, Wednesday, March, 7, 2018. (AAP Image/Dean Lewins) NO ARCHIVING
Governor of the Reserve Bank of Australia, Philip Lowe, addresses the Australian Financial Review BHP Business Summit in Sydney, Wednesday, March, 7, 2018. (AAP Image/Dean Lewins) NO ARCHIVING

RBA holds rates at record low

The Reserve Bank of Australia board has left interest rates unchanged at 1.5 per cent, as it eyes the jobless rate falling to 5 per cent over the next two years.

Original URL: https://www.theaustralian.com.au/news/briefing/your-afternoon-briefing-hayne-to-lift-lid-on-nabs-asic-negotiations/news-story/2db87d371071483b64bd1e49ad72379c