ANZ staff face bonus cuts for not going to office
ANZ managers are warning staff their reluctance to return to their office desks could hurt their bonuses.
Anz Bank
Home loan refinancing via phone app to cut ANZ costs
Dozens of customers have already refinanced their home loans via the new ANZ Plus app on their phones which could help the banking giant cut its current cost base.
Brokers’ verdict: a hit and a miss
Clinuvel Pharmaceuticals and ANZ have been under brokers’ microscopes. One has been given a series of ticks, the other … not so much.
CBA won’t be rushed into offering better deals
Matt Comyn says the largest of the big four lenders it’s not in a rush to offer better deals to customers, even though it is losing market share.
Home loans ‘now only for the rich’, ANZ boss warns
Shayne Elliott sounds a warning on the Australian dream, as former treasurer Peter Costello says runaway migration had worsened the affordability crisis.
ANZ determined to press on with $4.9bn Suncorp deal
ANZ still wants to buy Suncorp, but CEO Shayne Elliott has rejected suggestions his bank’s recent price war was an attempt to challenge the ACCC’s objections to the deal.
Why ANZ’s chief is taking the slow lane in digital race
Digital is the last piece of the puzzle for chief executive Shayne Elliott. Finally his new bank is taking shape.
Migration, energy switch ‘fuel housing pain’: ANZ
Australia’s massive green energy transition and immigration boom will further boost rising house prices, ANZ chief executive Shayne Elliott has predicted.
Major bank reveals $7bn profit
Banking giant ANZ has revealed a whopping $7bn profit despite a “challenging” environment.
ASX down; Optus outage cause revealed
AusSuper won’t join Brookfield/EIG bid. Optus faces up to $400m compo: analyst. DP World ports back. ANZ profit misses estimates. John Mullen to chair Scyne. Elders, Boral, Ainsworth gain.
Suncorp staff unsettled about potential job cuts
Suncorp staff remain worried about the prospect of more job losses if the $4.9bn sale of its banking operations to ANZ gets the green light from competition regulators.
Shock rates hike ahead of RBA decision
Two Aussie banks have hiked interest rates days before the Reserve Bank of Australia is forecast to set another increase.
ANZ board must apologise for $2.5bn placement fail
The ANZ board should review its understanding of its most basic obligation to shareholders after the bank was found guilty of breaching continuous disclosure rules.
Suncorp staff brace for job losses amid ANZ ‘collateral damage’
Suncorp staff are up in arms over ANZ’s stalled $4.9bn takeover of the group’s banking operations, saying they are collateral ‘damage’ as they brace for job losses.
ASIC ANZ court win ‘should trigger hedge funds inquiry’
A fund manager who spotted the massive shortfall in a $2.5bn share placement by ANZ wants ASIC to investigate which hedge funds knew about it and used the information to trade.
Tribunal backs government ‘public interest’ input on Suncorp deal
Australia’s competition tribunal will allow the Queensland government to intervene in a legal challenge in support of the $4.9bn ANZ-Suncorp Bank merger.
State intervenes in high stakes $4.9bn bank merger battle
The Queensland government has intervened in the ANZ-Suncorp Bank merger legal battle, arguing $15bn in new lending and thousands of jobs are at risk if the deal does not get over the line.
ANZ guilty of not informing market about shortfall
In a case brought against ANZ by ASIC, the Federal Court has ruled the bank failed to inform the market under its continuous disclosure obligations after its $2.5bn raising fell short.
ASX ends down; CSL rebounds
Court finds ANZ failed to inform market over 2015 placement. China’s flat inflation signals need for stimulus. Fletcher Building dismisses BGC’s plumbing claims. Perpetual lifts. Pact rejects billionaire investor’s bid.
The fallacy that all small banks are disadvantaged
Being a ‘mini me’ is a strategic choice smaller banks make and it’s largely a path determined by legacy and culture, but it need not define their future.
Leading Libs rebut ‘misinformation’
Senior Liberal frontbenchers have hit back at Anthony Albanese’s claim misinformation was undermining the voice referendum amid dwindling support for the government’s proposal.
State Libs ‘sorry’ for voice postal vote mistake
The WA Liberals have been forced to tell constituents that postal vote applications returned before referendum writs were issued are invalid.
Big four banks’ $7m Yes donation revealed
The size of the major banks’ donations has triggered Coalition claims that the case for change ‘is being made by our elites, for our elites’.
Digital marketing is L’Oreal’s foundation
Cosmetics giant L’Oreal’s recently appointed marketing boss Georgia Hack explains how the brand’s digital marketing sends its products into the coveted “coffee conversation” to drive growth.
Crypto looking up after friendly ‘Septembear’
There’s a good reason Crypto folks refer to last month as Septembear. But wait, it looks like we’re heading into Uptober in unusually good shape.
ASX ends down; RBA keeps rates on hold
RBA holds rates at 4.1pc for fourth month. Inflation still too high: Bullock. US sale lifts Computershare. Avita tanks on new FDA hurdle. US, Aus bond yields hit new highs. Endeavour allows Wavish vote.
ANZ Bank suffers major outage
Customers have been left unable to use their credit or debit cards, access online banking services or ATMs.
‘Instability’ continues after major bank outage
Banking services continue to be plagued by “instability” after a widespread outage left customers unable to access their money.
ASX quarterly fall; Rinehart ups Liontown stake
ASX 200 has worst month in a year, down 3.5 per cent. Hancock Prospecting’s Liontown stake at 12.36 per cent. Fresh barbs in battle to control pubs giant Endeavour. Core soars. BoQ flags $79m hit, 250 job cuts.
ANZ to regrow institutional clients but shrink lending
ANZ plans grow its book of corporate clients again after it culled almost four in five large customers and made a very public retreat from the Asian strategy of its former boss.
Original URL: https://www.theaustralian.com.au/topics/anz-bank/page/10