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Banking

CBA records $10.2b profit as borrower arrears stay low

by Anas Siddiqui
CBA records .2b profit as borrower arrears stay low

Commonwealth Bank of Australia has posted a modest rise in profits for the financial year as mortgage arrears remain relatively low. Australia’s biggest lender on Wednesday reported a five per …

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ANZ won’t let sun set on stalled $4.9b bank takeover

by Anas Siddiqui
ANZ won’t let sun set on stalled .9b bank takeover

ANZ will keep pursuing its proposed $4.9 billion take-over of Suncorp’s banking arm despite the competition watchdog rejecting the deal. The proposal was knocked back by the Australian Competition and …

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Competition regulator blocks ANZ takeover of Suncorp

by Anas Siddiqui
Competition regulator blocks ANZ takeover of Suncorp

ANZ’s plans to buy Suncorp’s banking arm have been dealt a massive blow after an intervention from the competition watchdog. ANZ had planned to take over Suncorp’s banking arm in …

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ANZ won’t let sun set on stalled $4.9b bank takeover

by Anas Siddiqui
ANZ won’t let sun set on stalled .9b bank takeover

ANZ will keep pursuing its proposed $4.9 billion take-over of Suncorp’s banking arm despite the competition watchdog rejecting the deal. The proposal was knocked back by the Australian Competition and …

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Competition regulator blocks ANZ takeover of Suncorp

by Anas Siddiqui
Competition regulator blocks ANZ takeover of Suncorp

ANZ’s plans to buy Suncorp’s banking arm have been dealt a massive blow after an intervention from the competition watchdog. ANZ had planned to take over Suncorp’s banking arm in …

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Jim Chalmers says employment rate and wages outcomes ‘decoupled’

by Anas Siddiqui
Jim Chalmers says employment rate and wages outcomes ‘decoupled’

Australians need not be frightened by the thought that only higher unemployment alone will ease inflation, Treasurer Jim Chalmers says. Earlier this year, incoming RBA governor Michele Bullock used a …

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Murray Watt sets sights on wine after ‘mutually beneficial’ China barley decision

by Anas Siddiqui
Murray Watt sets sights on wine after ‘mutually beneficial’ China barley decision

China’s decision to repeal costly barley tariffs is “mutually beneficial” and Australia did not make any concessions to Beijing, Agriculture Minister Murray Watt has said. On Friday, the government confirmed …

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Latest RBA statement shows economy faltering even further

by Anas Siddiqui
Latest RBA statement shows economy faltering even further

The Reserve Bank is warning the fight against inflation may still have some way to run, as a shock report reveals soaring rents and higher power bills are expected to …

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One week on: What we know from the Talisman Sabre catastrophe

by Anas Siddiqui
One week on: What we know from the Talisman Sabre catastrophe

Late in the night on July 28, an MRH-90 Taipan helicopter ditched into the waters off North Queensland during the multi-nation Talisman Sabre military training exercise, taking the lives of …

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Anthony Albanese dodges questions on whether he supports a treaty in fiery interview

by Kwame Phillips
Anthony Albanese dodges questions on whether he supports a treaty in fiery interview

Anthony Albanese is under pressure to clarify his position on a treaty with Indigenous Australians after he repeatedly dodged the question in a lively radio interview. The Prime Minister committed …

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