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The Latest Breaking News from Suncorp

ANZ, Suncorp welcome takeover approval as ACCC reflects

ANZ's proposed $4.9 billion takeover of Suncorp's banking arm will proceed after a tribunal found it would not lessen competition but would benefit consumers.

AAP

ANZ To Decide On .2B Suncorp Bank Unit Buyout

ANZ Group's potential .2 billion buyout of Suncorp's bank unit could reshape the financial sector with far-reaching implications.

Top News

Davila stars in milestone ALM game as Bulls thump Roar

Macarthur FC captain Ulises Davila scored in his 100th ALM match in the Bulls' 3-1 win over Brisbane Roar at Suncorp Stadium to go fourth on the table.

AAP

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Suncorp surface not cause for Sydney injury toll: Talay

Ufuk Talay says Sydney can't point the finger at the Suncorp Stadium playing surface as a reason for their mounting injury toll.

AAP

Lithium-ion batteries fires warning for Christmas

The fire risk from lithium-ion batteries is rising as Christmas shoppers continue stocking up on gadgets and devices that run on the rechargeable power source.

AAP

Insurance claims reveal Qld's storm damage hotspots

A study of almost 10,000 weather-related home insurance claims across Queensland has revealed the areas worst hit by rain, hail and floods.

AAP

Aust shares sink as US bond yields hit multi-year high

Soaring US bond yields are pressuring equities as markets digest the probability that interest rates will stay higher for longer.

AAP

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Suncorp banking chief leaving amid court battle on sale

The chief executive of Suncorp Bank is leaving for wealth manager Colonial First State amid a court battle to sell the group's division to one of the Big Four.

AAP

Dad sues over crash that killed his four children

A Queensland father whose four children were killed in a head-on collision is suing his deceased wife's estate and insurer over claims she caused the crash.

AAP

Queensland thrash sorry NSW to seal 2023 State of Origin series win

A rampant Maroons side retained the State of Origin shield with a comprehensive 32-6 win over the Blues at Suncorp Stadium

The Guardian - AU

ANZ, Suncorp agree to major investments in Queensland

ANZ is promising to establish a major tech hub in Brisbane while Suncorp says it will establish a new disaster response centre at its headquarters there.

AAP

Collingwood Magpies’ Super Netball team in danger of collapse

Netball Australia say it is committed to running an eight-team Super Netball competition after news that Collingwood could exit the league.

The New Daily

Broncos brace to face bogey team Wests Tigers

Wests Tigers may be winless but NRL leaders Brisbane are wary of them, with the memory of a horror loss that started 2022's late season slide still fresh.

AAP

'This is our home': Staggs says Broncos own Suncorp

Kotoni Staggs once played for Redcliffe - but the Broncos centre says his vocal post-try statement in the 18-12 derby win sent a message to the new Dolphins.

AAP

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AAP

Suncorp rains down dividends despite La Nina challenge

Insurance and banking group Suncorp announced bumper dividends for investors, posting large earnings in the face of increased claim costs caused by La Nina.

ABC News

ASX slips ahead of US, British and European rate hikes, Rio Tinto apologises after radioactive capsule lost in WA

Rio Tinto's iron ore division chief Simon Trott has apologised and says the company is taking the lost radioactive capsule in WA "very seriously", while the Australian share market slips from its nine-month high ahead of a busy week.

ABC News

What changes are banks making to interest rates?

A flurry of banks have passed on interest rate rises to borrowers after the Reserve Bank increased the cash rate by 0.25 percentage points on Tuesday.

AAP

ANZ beats expectations but shares fall

Big four lender ANZ has outperformed expectations with a $6.5 billion full-year profit and a higher dividend, but its shares have dropped nearly four per cent.

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The Guardian - AU

Major sponsors stick with Netball Australia despite Hancock Prospecting pulling out of $15m deal

Companies, including Suncorp, HCF and Origin Energy, say they will continue to financially support the code

Newsroom.co.nz

Five things we've learned from the Con Cup

Halfway through netball's annual highlight, the Constellation Cup, the Silver Ferns are in the hot seat. Merryn Anderson looks at the intel we've gleaned so far.

ABC News

Queensland farmer battling Suncorp Bank vows to keep pushing to fix financial services

A farmer who looks set to lose his farm vows to keep fighting for accountability in the financial sector and its lending practices.

The New Daily

Suncorp home insurance premiums soar as floods weigh on profits

Suncorp has hiked its home insurance premiums by almost 10 per cent on average after payouts from devastating floods weighed on its profits.

ABC News

Oz Minerals rejects BHP takeover bid, while ASX climbs after lacklustre session

Copper and nickel miner Oz Minerals rebuffs an $8.3 billion takeover bid from BHP, while the Australian share market gains on the first trading day of the week.

The New Daily

ANZ grows, Tesla disappoints, and inflation keeps surging in this week’s market wrap

The ASX200 traded to its highest level in more than a month this week. Here are five of the biggest events that caught investors' attention.

The Conversation

ANZ's takeover of Suncorp will reduce bank competition – but will that be enough to block it?

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.

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