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The Latest Breaking News from ANZ

Independent MPs cancel airline VIP memberships – as it happened

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The Guardian - AU

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.

AAP

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 Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

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

The Guardian - AU

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.

AAP

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Economy stuck in slow lane as households tighten belts

The Australian economy is barely growing as higher borrowing costs and inflation keep a lid on household consumption.

AAP

Plague of our time: banks devoting more to scam fight

Australia's big four banks say they're setting aside more resources to prevent customers being scammed out of their money.

AAP

No cost to taxpayers from bond scandal: ANZ head

There will be consequences across ANZ following the misconduct of employees over bonds, the company's head says.

AAP

Aussie shares dip as banks drag, BHP and Woodside gain

The ASX200 has fallen 0.2 per cent as BHP, Woodside, Coles, Johns Lyng Group, Lovisa and others report earnings.

AAP

The horror, the horror: banks are having to compete for our business by offering better rates

Don’t buy the banks’ sob story. They are annoyed Australians are becoming more savvy at shopping around for better deals for their home loans

The Guardian - AU

Commonwealth Bank to stop financing fossil fuel companies that don’t comply with Paris climate goals

Shareholders and customers of ANZ, Westpac and NAB are bound to demand their banks do the same, expert says

The Guardian - AU

Australian shares bounce back, rising 1.3 per cent

The ASX has rallied on a better-than-expected drop in US jobless claims but has finished the week down 2.1 per cent after Monday's big sell-off.

AAP

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AAP

Aussie shares finish higher again as dip-buyers step in

The ASX200 has finished 0.25 per cent higher, its second day of modest gains after a 3.7 per cent plunge on Monday.

AAP

RBA governor warns rate cuts not on near-term agenda

The Reserve Bank of Australia has kept interest rates steady and tempered expectations of imminent cuts, warning inflation remains "too high".

AAP

ASX hits record high, dollar sinks as inflation cools

The ASX200 rose 1.8 per cent in its best single-day performance since late 2022, while the Aussie fell under 65 US cents for the first time in three months.

AAP

Australian shares rally ahead of key inflation readout

The ASX200 briefly reclaimed the 8,000 level as traders wait for what one analyst calls the biggest data point of the year for Australia's market.

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AAP

Pivotal inflation print to set scene for rates call

Eyes will be fixed on quarterly inflation data which could land hot enough to trigger a rate hike at a time when other advanced economies are talking cuts.

AAP

Australian shares slide to two-week low as tech drags

Every sector of the Australian share market has lost ground as stock markets weaken worldwide on lacklustre earnings from US tech firms.

AAP

ANZ admits 'unacceptable failure' as bond probe ongoing

ANZ's chief has issued a personal apology to the Australian Office of Financial Management boss as investigations into trading and conduct issues are ongoing.

The Conversation

ANZ is embroiled in allegations it manipulated government bond sales – what exactly does that mean?

ANZ is being investigated by the Australian Securities and Investments Commission (ASIC) amid serious allegations the bank manipulated markets when it facilitated a A$14 billion sale of government bonds in April last year.

The Guardian - AU

Mortgage stress rose in June with 1m Australian households ‘extremely at risk’, report says

RoyMorgan report says stage-three tax cuts should ease burden unless jobs market falters or Reserve Bank raises interest rates again

AAP

NZ inflation drops to 3.3 per cent, below expectations

To the relief of mortgage holders, headline inflation has fallen to 3.3 per cent in New Zealand, within sight of the Reserve Bank's target band.

AAP

Australian shares take a breather after three-day climb

The ASX200 has finished 0.2 per cent lower, dragged down partly by losses from BHP and Rio Tinto, but still notched its second-highest close ever.

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