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The Latest Breaking News from ANZ Bank

ANZ has been hit with a record $240 million fine. These lessons should have been learned years ago

ANZ Bank has agreed to pay a record fine of A$240 million after admitting to various forms of misconduct that occurred “over many years”.

The Conversation

ANZ Staffers Are Rinsing Their CEO In This Viral Reddit Thread Amidst Massive Job Cuts

A Reddit thread with scathing comments about ANZ Bank and Nuno Matos has gone viral following the company's massive restructure.

Pedestrian.tv

Australia Moves To Keep Its Banks In The Pacific

Australia will move to stem the exodus of its banks from the Pacific Islands, the country's top economic official said, as concerns mount that China could bolster its influence by filling in the gaps.

International Business Times

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A 'hawkish' Reserve Bank rates decision will be bad for borrowers, good for savers

Business & investing: ANZ Bank economists expecting rate rise before year's end, but Kiwibank thinks hikes aren't necessary, writes Andrew Patterson

Newsroom.co.nz

Profits again outstrip wages amid accusations 'corporate Australia is driving inflation'

While workers' pay packets are growing at the fastest pace in a decade, profits are still rising even faster, according to official data.

ABC News

Australia under pressure to sanction Myanmar military after Amnesty International report and leaked ANZ Bank transactions

Australia is an outlier among like-minded countries, including the United States, United Kingdom, Canada and the European Union, all of which have imposed tough sanctions on Myanmar's military rulers since the coup on February 1 last year.

ABC News

ANZ faces further pressure over Myanmar ties

Trans-Tasman bank's connection to a Myanmar corporation supporting the military junta draws criticism.

Newsroom.co.nz

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ANZ Bank to close Dickson branch

The permanent closure is due to a more than 50 per cent decrease in in-branch transactions.

The Canberra Times

Housing downturn widens amid fresh fears property prices will plunge 18 per cent

Cracks are emerging in key regional property markets, with new data showing the housing downturn has quickly spread beyond major capital cities.

The New Daily

ANZ drops home loan rates, matches Westpac

ANZ Bank has put more pressure on home loan rates and matched Westpac's lowest variable rate.

People

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