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The Latest Breaking News from ANZ

Egg prices keep rising. Will Australians cut back or will we embrace $1 an egg as the new normal?

At about 250 to 260 eggs a person each year, our egg consumption is very high by international standards

The Guardian - AU

RBA governor expected to address tariff impacts

As the dust settles on Donald Trump's 'liberation day' tariff dump, a speech by Reserve Bank governor Michele Bullock will be closely scrutinised.

AAP

Trump tariffs send ASX tumbling and raise expectations of further interest rate cuts this year

Australian stock market follows Wall Street lower with benchmark S&P/ASX 200 shedding almost 3% value since ‘liberation day’ tariffs unveiled

The Guardian - AU

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Alarm over tariffs sends Australian shares $42b lower

Australian shares are heading towards a second straight quarter of losses for the first time since 2022 as incoming tariffs increase the risk of a US recession.

AAP

Australians turn to back yard chickens to beat the rising price of eggs

From pandemic hobby to beating the egg shortage, more people are falling in love with keeping chickens

The Guardian - AU

Pacific to bank on ANZ thanks to Australian guarantee

The federal government will provide a $2 billion guarantee to ANZ bank in the Pacific for it to continue services as Australia works to lock out China.

AAP

Business outlook brighter but red tape chafes operators

Optimism has risen among small business owners, buoyed by the prospect of lower interest rates and holding out for tax and regulatory reform at the election.

AAP

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New rules for banks to help customers in stress

Banks that breach a new code of practice could have their failures publicised, like those who recently charged dead customers or closed branches without notice.

AAP

Australian shares edge higher despite Wisetech plunge

The ASX200 has finished 0.1 per cent higher, snapping a five-day losing streak despite its leading tech company plunging to a six-month low.

AAP

Aussie shares plunge to five-week low on weak earnings

The ASX200 finished down 1.2 per cent on its biggest day of earnings season, with heavy losses for the big four banks, Fortescue and Goodman Group.

AAP

Bank moratorium 'too late' for rural towns left behind

The federal government has announced a moratorium on regional bank closures, but it's cold comfort for those who have already lost their local branches.

AAP

Aussie shares dip, ending volatile week on a quiet note

The ASX200 has finished Friday down 0.1 per cent to close out the week slightly in the red after starting it with a big plunge.

AAP

Big bank clips rates as RBA mulls next move

Strong retail spending figures are not expected to deter the Reserve Bank from cutting rates at its next meeting as one big bank lowers fixed-rate loans.

AAP

Australian shares drop as Trump rally loses steam

The ASX200 has snapped its three-day winning streak with a 0.6 per cent drop, while the Australian dollar was close to a one-month high.

AAP

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AAP

Movie-goers, bargain hunters boost discretionary spend

Australians spent more on new cars, movie tickets and discounted clothes and household goods in the month leading up to the Christmas period.

AAP

Activists want banks' actions to match words on climate

Activists are heartened that Australia's big banks took steps to limit lending to fossil fuel companies this year, but also have questions.

AAP

ANZ chief executive forfeits $1.5m bonus after outcry

The CEO of a big-four bank has forfeited a bonus worth $1.5 million after a backlash from shareholders upset about poor behaviour in its trading rooms.

AAP

How China uncertainty could push back RBA rate cut

Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu.

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AAP

International banker to replace retiring ANZ boss

Nuno Matos, a native of Portugal currently based in Hong Kong, will begin as the next chief executive of ANZ next year.

AAP

Senior Liberal senator to swap parliament for bank role

One of the coalition's most senior figures will soon leave politics for a role at a major bank after revealing he would step down at the 2025 federal election.

AAP

Pacific expresses interest in Cook Islands' super deal

A deal will allow Cook Islanders permanently migrating home from Australia to take their nest egg with them, plugging a gap in a pact with New Zealand.

The Guardian - AU

Australians’ wages increase faster than inflation for fourth quarter running

ABS confirms wage price index rose an annual rate of 3.5% in September quarter, bringing some relief to households battling cost of living pressures

The Guardian - AU

‘Setting people up to fail’: Australians ask banks for mortgage help, only to plunge into worse debt

Customers who get hardship assistance often fall into arrears again once the reprieve ends. Critics blame a ‘cookie-cutter’ approach by the banks

AAP

Australian bourse gets a boost after offshore rate cuts

The Australian bourse has risen after two central banks cut interest rates and investors expressed hope China will announce measures to boost its economy.

AAP

ANZ profit falls as mortgage wars hit big four banks

The ANZ bank has joined the rest of the big four in recording a fall in annual profit, as a result of ongoing mortgage competition and high inflation.

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