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The Latest Breaking News from ANZ

Australian shares edge higher despite Wisetech plunge

The ASX200 has finished 0.1 per cent higher, snapping a five-day losing streak despite its leading tech company plunging to a six-month low.

AAP

Aussie shares plunge to five-week low on weak earnings

The ASX200 finished down 1.2 per cent on its biggest day of earnings season, with heavy losses for the big four banks, Fortescue and Goodman Group.

AAP

Bank moratorium 'too late' for rural towns left behind

The federal government has announced a moratorium on regional bank closures, but it's cold comfort for those who have already lost their local branches.

AAP

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Aussie shares dip, ending volatile week on a quiet note

The ASX200 has finished Friday down 0.1 per cent to close out the week slightly in the red after starting it with a big plunge.

AAP

Big bank clips rates as RBA mulls next move

Strong retail spending figures are not expected to deter the Reserve Bank from cutting rates at its next meeting as one big bank lowers fixed-rate loans.

AAP

Australian shares drop as Trump rally loses steam

The ASX200 has snapped its three-day winning streak with a 0.6 per cent drop, while the Australian dollar was close to a one-month high.

AAP

Movie-goers, bargain hunters boost discretionary spend

Australians spent more on new cars, movie tickets and discounted clothes and household goods in the month leading up to the Christmas period.

AAP

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Activists want banks' actions to match words on climate

Activists are heartened that Australia's big banks took steps to limit lending to fossil fuel companies this year, but also have questions.

AAP

ANZ chief executive forfeits $1.5m bonus after outcry

The CEO of a big-four bank has forfeited a bonus worth $1.5 million after a backlash from shareholders upset about poor behaviour in its trading rooms.

AAP

How China uncertainty could push back RBA rate cut

Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu.

AAP

International banker to replace retiring ANZ boss

Nuno Matos, a native of Portugal currently based in Hong Kong, will begin as the next chief executive of ANZ next year.

AAP

Senior Liberal senator to swap parliament for bank role

One of the coalition's most senior figures will soon leave politics for a role at a major bank after revealing he would step down at the 2025 federal election.

AAP

Pacific expresses interest in Cook Islands' super deal

A deal will allow Cook Islanders permanently migrating home from Australia to take their nest egg with them, plugging a gap in a pact with New Zealand.

AAP

Australians’ wages increase faster than inflation for fourth quarter running

ABS confirms wage price index rose an annual rate of 3.5% in September quarter, bringing some relief to households battling cost of living pressures

The Guardian - AU

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The Guardian - AU

‘Setting people up to fail’: Australians ask banks for mortgage help, only to plunge into worse debt

Customers who get hardship assistance often fall into arrears again once the reprieve ends. Critics blame a ‘cookie-cutter’ approach by the banks

AAP

Australian bourse gets a boost after offshore rate cuts

The Australian bourse has risen after two central banks cut interest rates and investors expressed hope China will announce measures to boost its economy.

AAP

ANZ profit falls as mortgage wars hit big four banks

The ANZ bank has joined the rest of the big four in recording a fall in annual profit, as a result of ongoing mortgage competition and high inflation.

AAP

Australia shares rise on eve of rates meeting, US vote

The ASX200 has posted gains while investors wait for the outcome of the Reserve Bank meeting and any hints of when interest rates might be cut.

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The Guardian - AU

Independent MPs cancel airline VIP memberships – as it happened

This blog is now closed

AAP

Inflation readout make or break for 2024 rate cut

Important pieces of the economic puzzle will fall into place this week, starting with inflation and then spending data.

The Conversation

Do recent class actions against ‘flex commission’ car loans mean consumer voices are getting stronger?

It’s been more than five years since the banking royal commission, but its findings continue to have an impact on the financial services sector.

The Guardian - AU

More than 9,000 scam Facebook pages deleted after Australians lose $43.4m to celebrity deepfakes

Meta’s new Fraud Intelligence Reciprocal Exchange (Fire) tool to work with seven banks in a bid to tackle scams

AAP

Battle of Kim and Goliath as bank closes amid loophole

A NSW town will lose its ANZ branch because it isn't considered regional, just months after the bank committed to keep country locations open for three years.

AAP

Uranium, lithium miners soar amid Aussie share rally

The S&P/ASX200 index finished 1.1 per cent higher, as uranium and nickel developers posted strong gains after Russia suggested it might limit exports.

AAP

Fading economy yet to unlock rate cuts for watchful RBA

The economy might be slowing but the Reserve Bank chief wants inflation to moderate further before opening the door to interest rate cuts.

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