The Latest Breaking News from ANZ

Australia has one of the world’s most concentrated banking sectors, with its four biggest banks – Commonwealth Bank, National Australia Bank, Westpac and ANZ – holding more than about three-quarters of the market.

Home owners are facing another $650 rise in their mortgage bills within months as the economy is pushed to the brink to curb inflation.

Get up to speed on today's headlines with The Loop.

As comments from two US central bank officials eased fears about a bigger interest rate hike this month, Australian shares rose on Monday, while Suncorp scrip jumped after ANZ said it would buy the insurer's banking business.

Suncorp accepts a $4.9 billion bid from ANZ to take over its banking business, as the big four bank seeks to accelerate its growth.

She tells of going from a state house to a $17m property portfolio. But Finax Mortgages and its high-profile founder have had their accreditation to broker home loans withdrawn, after concer

New Zealand is about six months ahead of Australia in its moves to bring down inflation, so is looking across the ditch a glance into our future?

Australians are still spending record amounts of money, but surveys show that could change quickly as interest rate rises send consumer confidence towards pandemic lows.

Here's your TL;DR for today's news.

New Zealand property prices have fallen every month this year following a series of punishing interest rate hikes that began last October. So far, the hikes have yet to dent inflation.

Oil prices edged higher on Thursday after dipping in early Asian trade, as concerns about global supply tightness outweighed a build in US gasoline and distillate inventories. Brent crude futures for September, the more actively traded contract, rose 63 cents, or 0.6%, to $113.08 a barrel at 0250 GMT. The…