People are buying on Saturday and rushing to get their finances organised on Monday in another sign of the heat in the national property market.
ANZ’s decision to pay shareholders a 70 cent per share dividend exceeded analysts expectations. But its pledge to boost investments has scared some investors.
ANZ bank’s chief executive Shayne Elliot has also joined the banking industry’s push for tighter curbs on buy now,pay later (BNPL) firms such as Afterpay.
The boss of one of Australia’s biggest banks is urging state and territory governments to revamp planning rules to encourage more housing development amid forecasts of double-digit price growth for 2021.
ANZ chief Shayne Elliott says digital disruption is massive,but don’t expect the bank to jump on the latest fintech craze for the sake of it.
The bank chief said property prices would remain “well supported,” which could ultimately force policy interventions to cool the market.
ANZ’s Malaysian bank has been fined $900 million fine for failing to prevent one of the largest global corruption scandals,causing a hit to profits for the big four bank.
ANZ's chief financial officer Michelle Jablko will leave the big four bank after four and a half years to join the toll road giant Transurban next year.
Senior Nationals politicians say ANZ's push for its 100 largest carbon-polluting customers to reduce emissions is virtue signalling,warning the bank it is not society's moral compass.
A surprise element of the result has been the way customers have responded to the dire threats to their finances.
ANZ Bank's Shayne Elliott says the lender is preparing for a much larger number of financially distressed customers next year as government support is removed.