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The Latest Breaking News from ANZ

Banks improve climate funding, but work to do: report

The big four banks have made significant strides to curb lending for fossil fuel projects but a report says they still have not met their own climate targets.

Australia’s big banks lent $3.6bn to fossil fuel expansion projects in 2023, report shows

Australia’s big banks lent $3.6bn to fossil fuel expansion projects in 2023, report shows

Lending puts banks in ‘complete violation’ of commitments to Paris agreement, climate group says, even as overall funding to sector ebbs

The Guardian - AU

Banks lashed for ripping off poorer customers

Banks lashed for ripping off poorer customers

The market watchdog has slammed four major banks for causing financial distress to more than two million Australians by systematically overcharging on fees.

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Aussie shares rally ahead of Fed chairman's testimony

The ASX200 finished up 0.86 per cent ahead of overnight congressional testimony by Fed chairman Jerome Powell.

ANZ-Suncorp deal gets final stamp of approval

ANZ's multi-billion acquisition of Suncorp's banking arm and its 1.2 million customers will be completed within weeks.

Aust shares drop again as Reserve Bank talks rate hikes

The ASX200 fell 0.4 per cent after Reserve Bank minutes indicated that a central bank's August meeting would be "live," with a chance for a rate hike.

ANZ named and shamed for charging dead clients

The ANZ bank has been publicly named and shamed for charging fees to dead clients and ignoring requests for information from their representatives.

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More cracks in labour market as fewer job ads posted

More cracks in labour market as fewer job ads posted

The number of job ads posted each month is tapering off in a sign of a labour market weakening from a strong starting point.

Afternoon Update: Democrats worried after poor Biden performance; Nine to cut 200 jobs; and sharp increase in Victorian motorcyclist fatalities

Afternoon Update: Democrats worried after poor Biden performance; Nine to cut 200 jobs; and sharp increase in Victorian motorcyclist fatalities

Donald Trump and Joe Biden sparred over abortion and tax policy in the first presidential debate

The Guardian - AU

ANZ’s $4.9 billion Suncorp takeover will now go ahead. Is the government sending mixed messages on business competition?

ANZ’s $4.9 billion Suncorp takeover will now go ahead. Is the government sending mixed messages on business competition?

Two years after the deal was first announced, Treasurer Jim Chalmers has today given the green light for ANZ to acquire the banking arm of Queensland-based insurer Suncorp.

The Conversation

Australian shares finish financial year up 7.8 per cent

Australian shares finish financial year up 7.8 per cent

The ASX200's early gains on Friday faded in the afternoon, but it still finished June and 2023/24 in the green.

Greenlight for ANZ's takeover of Suncorp's banking arm

Greenlight for ANZ's takeover of Suncorp's banking arm

ANZ's multibillion-dollar deal to buy Suncorp's banking arm is full steam ahead after federal Treasurer Jim Chalmers approved the plan.

Nuclear more costly and could ‘sound the death knell’ for Australia’s decarbonisation efforts, report says

Nuclear more costly and could ‘sound the death knell’ for Australia’s decarbonisation efforts, report says

Analysis from Bloomberg says even if nuclear is successfully implemented it would be ‘at least four times’ more expensive than average cost of renewables

The Guardian - AU

Australia’s inflation rises to 4%, stoking concern interest rates could increase again

Australia’s inflation rises to 4%, stoking concern interest rates could increase again

The consumer price index increased to its highest level in 2024, indicating the Reserve Bank is unlikely to cut interest rates soon

The Guardian - AU

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Cops, banks team up to track cash feeding child abuse

A major Australian bank has teamed up with the police to stamp out child abuse material by tracking suspicious financial transactions.

International Business Times UK

Scammers Steal $12K In 10 Minutes From Aussie Student Via A Simple And Easily Overlooked Scam

A student loses $12k trip savings to a pop-up scam but gets refunded by the bank after media attention.

Australian shares finish lower as RBA decides on rates

The ASX200 has fallen 0.3 per cent, with losses for uranium producers and gains for goldminers, as investors await the outcome of the RBA's two-day meeting.

RBA likely to hold rates as price pressures loiter

The Reserve Bank of Australia is expected to hold interest rates at 4.35 per cent and keep its options open on its next move.

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Shares fall again to finish week down 1.7 pct

The ASX200 finished Friday down 0.3 per cent in its third losing day out of the past four sessions.

Chalmers eyes soft landing amid budget criticism

The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.

The Guardian - AU

No interest rate relief predicted this year, major bank tells mortgage holders

ANZ first big bank to push prediction of Reserve Bank interest rate cut into 2025

Households keep falling behind as rate increases bite

Most borrowers are adapting to tough financial conditions but the number of people in hardship or struggling to meet repayments is growing.

Tiwi Islanders take aim at bank's complaint rejection

ANZ has rejected a complaint from Tiwi traditional owners who say the bank's funding of fossil fuel projects contribute to adverse human rights impacts.

Aust shares fall after hawkish Federal Reserve minutes

The ASX200 has dropped 0.5 per cent after US Federal Reserve minutes showed some officials were willing to raise interest rates.

Service returns after ANZ app and online banking outage

An outage lasting several hours has struck ANZ's app and online services, sparked by a "technology issue relating to a third party vendor".

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