Trading DayTrading DayBanking giant trims Australia’s GDP growth forecast. Nearly 20 per cent of Woodside investors reject election of climate director. BlueScope warns of an inflation jump from President Trump’s tariffs as he spruiks deal with the UK. Aussie dollar in demand.
Trading DayTrading DayChina has cut interest rates and announced other economic boosters before its first trade talks with the US since US President Donald Trump’s sweeping tariffs in April. Local shares close slightly higher, bitcoin gains and the AUD is near US65c.
EXCLUSIVEThe Growth AgendaAttivo Group has bolstered its management team appointing seasoned advertising executive Anthony Gregorio to helm its growing ANZ business.
Danielle Long
FINANCEBusiness Breaking NewsA big four bank will launch an Australian first aimed at helping stop common scam threats.
Cameron Micallef
NetballRomelda Aiken-George will become the most capped player in the ANZ Championship-Super Netball era when her Adelaide Thunderbirds play the NSW Swifts. And the all-time games list is in her sights.
NetballAfter a Code Sports investigation examined how Diamonds player Donnell Wallam ended up without a Super Netball contract for 2025, is there a club that could sign her next season?
Emma Greenwood
Trading DayTrading DayKey market index now 10 per cent below February 14 record close as tariff fears hit investors. Woodside, Santos lead energy slump. Banks and miners also in the red.
BanksFinancial ServicesANZ’s culture review has largely cleared the bank over issues in its markets business, warning they were isolated, but found many staff felt like the bank failed to police poor behaviour.
Trading DayTrading DayTrump tariff relief as Aussie beef escapes ban, medicines exempt. Asian equities slump as China, Japan urge dialogue. Last-ditch reprieve for Gupta’s InfraBuild. APRA lifts ANZ capital buffer, demands over concerns.
ExclusiveFinancial ServicesThe AOFM has disclosed two more meetings with senior bankers at ANZ, after The Australian revealed the government’s debt agency had met with the frozen-out bank.
BanksFinancial ServicesIncoming boss Nuno Matos is expediting his entry at the bank amid growing regulatory scrutiny.
Trading DayTrading DayMarkets brace for Trump’s ‘Liberation Day’. US recession probability doubles: GS. Nine, Domain fall amid CoStar talks. RBA, ASIC salvo weighs on bourse operator ASX.
Trading DayTrading DayWA miner Gold Road hits record amid standoff with rejected suitor, partner Gold Fields. Regal in recovery mode as Opthea questions remain. James Hardie stays in the red after analyst ratings changes. Budget to reveal worsening debt outlook.
BanksFinancial ServicesANZ is readying to run all new retail bank customers through its new banking platform, in a bid to slash costs at the bank.
BanksFinancial ServicesThe Future Fund did its own investigations into the ANZ bond trading scandal, contacting market participants to get a sense of how it might have happened.
BanksFinancial ServicesThe federal government debt agency has met with ANZ bankers as it confronts refinancing a $80bn pile of Covid-19 debt, softening its stance toward the bank which was frozen out of all government bond deals.
BankingFinancial ServicesBanking major ANZ invited about 250 high-valued clients to its annual three-day knees up in the Hunter Valley as it tries to halt the decline in deals market share.
ExclusiveFinancial ServicesThe bank will ramp up the information flow about its Plus platform next month, even as it remains the subject of several regulatory probes involving its retail unit.
Joyce Moullakis
Trading DayTrading DayReserve Bank cuts rates 25 basis points, takes official cash rate to 4.1 per cent. First cut in more than four years. NAB, Westpac, CBA and ANZ lower home loan rates. Qatar-Virgin deal gets ACCC nod. Gold to outshine $US3000: UBS, Goldman.
Trading DayTrading DayDavid Di Pilla-led HMC eyes Brookfield-owned hospitals operator. Cochlear falls on trimmed guidance. Dividend disappointment weighs on AMP. GFG Alliance puts NSW coal mine on the block in debt plan. Mirvac soars on return to profit.
BanksFinancial ServicesA string of deals from the banking sector have been struck, amid a looming plan to punish banks with limited rural and regional presence.
THE GROWTH AGENDAThe Growth AgendaPublicis Groupe ANZ CEO Michael Rebelo tells The Growth Agenda about his plans to double down on end-to-end services as the market refocuses on brand marketing.
Danielle Long
BankingThrough a string of clandestine meetings, the bank’s CEO-elect outlined plans and met with executives, assessing whether to bring in new blood and if those who missed out on the top job remain committed.
Joyce Moullakis
UPDATEDBusiness Breaking NewsIn welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
Cameron Micallef and Jessica Wang UPDATEDBusiness Breaking NewsIn welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
Cameron Micallef and Jessica Wang ExclusiveFinancial ServicesA highly profitable business, ANZ is now faced with having to restaff its Singapore-based credit trading business after an en-masse walk out of staff after Standard Chartered poached traders.
THE GROWTH AGENDAMediaPublicis Groupe has bolstered its media services with the acquisition of Australia’s largest independent media agency, Atomic 212°. The acquisition will add significant firepower
Danielle Long
RegulationFinancial ServicesASIC expects to bring its examination of ANZ’s bond market conduct to a head in the first half of the year, and it’s one of the most complex cases the regulator has dealt with.
Joyce Moullakis and David Ross Financial servicesFinancial ServicesFund managers are calling on ANZ to urgently rectify compliance issues, including within its under-pressure retail bank, given the risks posed by regulatory fines and further capital outlays.
Trading DayTrading DayThe ASX rises 0.3 per cent to a seven-week highs on positive US leads. Qantas shares soar on US peer gains. CBA, Goodman, NAB, Westpac, WiseTech top contributors. Paladin soars as operations improve. Iluka drops on estimates miss.