• ANZ
• AXDJ
• CMWAY
• NABZY
• WBC

Aussie discretionary retailers hit third straight record on rate cut hopes

Australian discretionary retailers soared after inflation data hinted at possible interest rate cuts, boosting consumer spending and benefiting major retailers like Wesfarmers and Harvey Norman.

• ANZ
• ANZGY
• AXJO
• CMWAY
• NABZY
• WBC

Interest rate path to determine if Aussie banks can sustain rich valuations in 2025

Analysts predict Australian bank shares may struggle to grow in 2025 due to rate paths and inflation, despite strong performance this year driven by investor inflows.

• ANZ

ANZ's outgoing CEO to forfeit 2024 long-term variable remuneration

ANZ Group's CEO Shayne Elliott will not receive 2024 long-term variable remuneration due to significant shareholder opposition at the annual general meeting.

• ANZ
• WOW

Factbox-Scandals that rocked corporate Australia in 2024

• ANZ

ANZ taps HSBC's Nuno Matos as new CEO, shares fall

Nuno Matos will become CEO of ANZ Group Holdings, succeeding Shayne Elliott, effective July 3, 2025, as the bank focuses on digital transformation and enhancing customer experience.

• ANZ

Australian lender ANZ names former HSBC wealth chief Nuno Matos as new CEO

• ANZ
• CMWAY
• NABZY
• WBC

Top Aussie banks join hands to combat fraud and scam in banking payments

• ANZ

Australia nears deal with ANZ to stop bank closures in the Pacific

Australia is finalizing a deal with ANZ to retain its banks in the Pacific, amid a backdrop of increasing Chinese influence and reduced access to banking services.

• ANZ

Australian lender ANZ's annual profit shrinks as late repayments rise

ANZ's annual profit dropped 8% due to competition and rising late loan repayments, highlighting stress on banks and borrowers. Interest rate cuts in Australia expected by February 2025.

• ANZ

Australian lender ANZ launches structural overhaul amid regulatory woes

ANZ Group announced a major overhaul to streamline operations and enhance data analytics amid regulatory scrutiny, planning to consolidate and improve accountability by March 2025.