ANZ stops funding gas extraction
Tucked away at the back of its recent results, the lender revealed it will now only fund new oil and gas extraction projects in the event of a national emergency.
Anz Bank
Mixed half-year result for ANZ
ANZ’s half-year results have revealed the cost of its mortgage wars with rivals and a 7 per cent slide in cash profit.
Worst over for economy: ANZ
ANZ chief Shayne Elliott has revealed a $2bn share buyback for the bank despite the economic stresses and the challenge rising house prices present the bank.
Behind the invisible force turning ANZ inside out
It’s come at a huge upfront cost, but ANZ boss Shayne Elliott says the sky is the limit for the potential savings that technology can offer.
ANZ chief’s dire warning for homeowners
Homeowners are feeling the pinch of the cost-of-living crisis, with the number of loans past due at ANZ increasing double digits.
ASX 200 climbs 1.4pc, AUD down after RBA
RBA board considered a rate hike, ‘not ruling anything in or out’. Inquiry wants steps to combat supermarket giants’ power. Earnings upgrade lifts AGL. ANZ profit down, $2bn buyback ahead. Sims tanks.
Bonza reality check: Qantas-ACCC stoush ancient history
Bonza’s failure was a reality check for Qantas and it’s time to move on from its stoush with the ACCC.
ASX ends up 0.7pc; Westpac lifts investor mood
Australia’s sharemarket rose for a third day running, tracking the US market to its highest daily close in almost two weeks, after cooling non-farm payrolls data gave hope of a soft economic landing with interest rate cuts.
Mortgage war over as Westpac ends loan cashbacks
Westpac announced on Friday it was pulling back from the mortgage wars, signalling a June 30 deadline for its remaining brands to tempt customers with cashbacks.
Too close for comfort on QF418?
Spotted on a flight out of Melbourne was ANZ boss Shayne Elliott, seated uncomfortably close in business class to stockbroker Angus Aitken, and these two have history.
Handle with care
Poorly-designed policy changes could damage the substantial benefits which international education gives to Australia.
ANZ remaking the millionaire mortgage market
A move by ANZ to test special deal mortgages on a minority of wealthy postcodes is being watched closely and if it works, expect the other banks to clamour for the business.
Steady or better dividends in store for bank investors
JPMorgan’s banking analysts say big Aussie lenders are likely to easily meet expectations, maintain or increase dividends and that ANZ may even trigger a share buyback worth up to $1.5bn.
New mortgage trial for millionaires in select suburbs
If you live in one of these 145 ‘low risk’ postcodes, then has ANZ got a mortgage deal for you. Check if your home makes the list.
ANZ announces huge shake-up
One of Australia’s major banks has announced a huge change to how thousands of people do their banking – and it’s coming soon.
Disentangling Suncorp Bank looming challenge for ANZ
ANZ’s $4.9bn takeover of Suncorp Bank is all but done, but we hear disentangling the local lender from the broader Suncorp Group is set to be a challenge.
Rate cuts may be delayed: ANZ
Interest rate cuts may be delayed, says ANZ chief executive Shayne Elliott, who has warned lending controls remain too tight to allow average people to obtain home loans.
Green project approvals plummet
The rate of approvals for energy projects has plummeted in the past 12 months, a major report warns, casting doubt on the nation’s ability to meet Anthony Albanese’s 43 per cent emissions reductions target.
ANZ pays $57.5m to settle credit card class action
ANZ will pay $57.5m to settle a class action after it was accused of incorrectly slugging some customers interest rate charges over a nine-year period.
ASX 200 rises; McGrath, MMA lift
MMA Offshore agrees to Singapore bid. Crown to learn licence fate tomorrow. Knight Frank, Bayleys to buy McGrath. Star in seesaw session. Eureka rejects Aspen bid. Perseus wins OreCorp race.
House prices to rise as RBA keeps rates at 4.35pc
Further signs of a slowdown in the economy has seen the RBA keep rates unchanged for a third meeting in a row, as experts say the decision could drive house prices even higher.
Market too optimistic on rates: ANZ chief
The market is expecting the RBA to cut rates this year, but ANZ boss Shayne Elliott still sees potential for the opposite to occur.
ASX edges into green; iron ore rebounds
Vitamins group Nature’s Care in receivership. ANZ boss says rate cuts may not come this year. Iron ore futures back above $US100. China economic data slightly better than expected. Superloop drops.
APRA removes NAB’s $500m culture penalty
The prudential regulator has removed a $500m capital add-on it slapped on NAB five years ago, but keeps quiet on Westpac and ANZ penalties.
ASX 200 inches up; tech stocks drop
Tigerlily collapses for second time. Annual GDP growth slowest since 2000, excluding pandemic. Qantas fined $250,000 for discrimination. Iress down after dismissing takeover talk.
ACCC drops Suncorp Bank appeal
The ACCC has dropped its opposition to ANZ’s buyout of Suncorp Bank after being defeated at the Australian Competition Tribunal.
ASX slightly lower; Healius, gold stocks gain
No ACCC appeal on ANZ/Suncorp ruling. China’s 2024 growth target of 5 per cent. Healius up on review, CEO exit. Gold miners rally, lithium names fall. Medibank, NIB up. Bitcoin above $US68,000.
Tech chiefs reveal how to leave your staff rosters to AI
This tech won’t forget who’s away, who can’t work nights and to give part-timers a minimum of 12 hours a week. Make your life as a manager a whole lot easier.
New chair at ANZ’s New Zealand banking ops
Former New Zealand PM John Key is leaving ANZ Bank’s board and will be replaced by Scott St John.
ASX edges up; Woodside, Coles, Reece gain
Woodside cuts dividend on profit drop. Coles boss says customers worried, but defends profit. Johns Lyng tanks despite upgrade. Adbri up on CRH buyout deal. Citic ‘assessing’ Alcoa’s Alumina bid.
Original URL: https://www.theaustralian.com.au/topics/anz-bank/page/7