ASX Announcements
Yesterday
- Opinion
- Letters to the Editor
Climate balance sheet reveals a dire bottom line
Letters from readers on the climate debate; ANZ’s bonds scandal; energy wars; Fortescue job losses; remembering MH17 victims; and a post-election exodus from the US.
Banks turn to Gen AI to protect customers from scams
Banks and super funds deal with billions of data events every day, and are increasingly relying on artificial intelligence to detect hacking attempts.
- Christopher Niesche
This Month
- Opinion
- Letters to the Editor
Superannuation is not for your kids’ inheritance
Letters from readers on super tax concessions; equitable road tolls; aged care and productivity; the need for plain speaking on climate; and ANZ’s bonds scandal.
ANZ’s toxic trading-floor roulette spins out of control
The bank is engulfed in one of its biggest scandals after a sudden market move swung tens of millions of dollars out of its client’s favour. The client was the government.
- Jonathan Shapiro
Has the CBA share price peaked?
After the Commonwealth Bank’s latest record, analysts and fund managers are wondering whether the hyper-rally in bank stocks can be sustained.
- James Eyers
Prudential watchdog halves $1b Westpac penalty
APRA will slash its $1 billion capital penalty levied on the bank four years after it was first implemented.
- Lucas Baird
New Zealand inflation slows to three-year low
Three of the country’s main banks brought forward forecasts for RBNZ rate cuts after the inflation report.
- Matthew Brockett
- Updated
- Big four
ANZ board ‘acutely focused’ on trading scandal
In a note to staff, the bank’s executives said directors and senior management met on Tuesday to review probes into workplace conduct and market manipulation.
- Updated
- Jonathan Shapiro and Lucas Baird
- Exclusive
- Big four
ANZ suspends traders for alleged misconduct amid markets probe
The bank’s executives are battling to contain a growing scandal about its trading team, with the regulator investigating whether bond trades were manipulated.
- Jonathan Shapiro
Akaysha signs $650m debt deal for giant NSW battery
The system to be built near Wellington will be one of the largest in the world. The BlackRock-owned group has also struck a supply deal with EnergyAustralia.
- Angela Macdonald-Smith
- Opinion
- Big four
The ANZ scandal is a bombshell in two acts
The issues engulfing the bank’s trading team are not about complicated bond trades. It’s about an alleged double act of deceit and manipulation of the taxpayer.
- Jonathan Shapiro
The ACCC’s new target | What makes an elite CEO | Earnings season predictions
This week on the Chanticleer podcast, Anthony and special guest companies editor Vesna Poljak look at the ACCC’s latest target, discuss what makes an elite CEO, and make some predictions on earnings season.
ANZ’s alleged bond trade manipulation is ‘disturbing’
MST Marquee veteran analyst Brian Johnson says the growing scandal in the bank’s markets division “could be yet a significant issue” for investors.
- Jonathan Shapiro
Retail ownership of big banks crashes to lowest level on record
Hot demand from offshore and local institutional investors has been driving up the share price of the country’s big lenders, a Jarden analysis shows.
- Joanne Tran
- Exclusive
- Bonds
‘Those involved will be held accountable’: ANZ boss amid scandal
ANZ CEO Shayne Elliott has admitted to staff that the alleged wrongdoing and inappropriate trading raised by the Financial Review is “not new”.
- Jonathan Shapiro and Aaron Patrick
- Opinion
- Bonds
ANZ’s board could be on the precipice of a bank-defining scandal
Insiders believe ANZ has played with this arcane-but-lucrative corner of the market for years – it could be the worst modern scandal in ANZ’s history.
- Aaron Patrick
- Exclusive
- Bonds
ANZ probes ‘$54b’ in inflated bond trades
The bank overstated the value of government bonds it traded by over $50 billion in a year, boosting its chances of winning lucrative mandates to issue Commonwealth debts.
- Jonathan Shapiro and Aaron Patrick
‘I shot Bambi’: Women leaders on their toughest decisions
Often the toughest decisions are those that affect other people. Here winners of the Women in Leadership awards share their hardest calls.
- Updated
- Sally Patten
AOFM chief puts banks on notice as bond trading probe heats up
The head of the government’s debt agency has reminded the banks, which are hired to help it sell billions of dollars of bonds, what is expected of them.
- Jonathan Shapiro
- Exclusive
- Private equity
Blackstone, ANZ join forces to target rich families in volatile world
The pair launched a new fund that puts a higher price on alternatives in today’s more “volatile” investment landscape.
- Aaron Weinman
