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ANZ boss Shayne Elliott hot for start-up investments as it partners with Honcho
2016-02-28 09:03:44| Automakers - Topix.net
ANZ chief executive Shayne Elliott wants his legacy to be defined by digital banking and is keen on partnering with more start-ups. ANZ Banking Group has partnered with Sydney-based Honcho to fast-track customer small business registrations, as new boss Shayne Elliott drives the bank to work more closely with technology start-ups.
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ANZ posts record profit results
2015-10-29 01:53:18| BBC News | Business | UK Edition
One of Australia's biggest lenders, ANZ, posts a record annual cash profit of 7.2bn Australian dollars ($5.1bn; 3.34bn).
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CBA and ANZ to cop the brunt of falling house prices, says Macquarie
2015-10-13 04:09:19| Automakers - Topix.net
The investment bank's economists believe home values are set for a 7.5 per cent decline from March next year . While the prediction will no doubt cheer first-home buyers, the resulting slowdown in housing credit is set to hit the nation's biggest lenders, in particular Commonwealth Bank of Australia and National Australia Bank, according to Macquarie.
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ANZ joins war on coal
2015-10-05 18:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Macro Business: From the AFR: ANZ Banking Group will set strict rules on lending to the coal industry to bring the banks business into line with the growing momentum across the corporate world of reducing carbon emissions. ANZs new climate change commitments include $10 billion in new lending for greenhouse gas reductions over five years and a ban on lending to new coal plant that does not use the latest clean coal technology. we will continue to support our natural resources and energy customers...
More rate rises tipped after moves by ANZ and Commonwealth Bank of Australia
2015-07-26 13:02:26| Automakers - Topix.net
Pressure to pass on higher capital costs to borrowers is likely to spark more interest rate hikes by banks, on top of last week's changes by ANZ Bank and Commonwealth Bank of Australia, analysts predict. ANZ and CBA said the regulator's 10 per cent a year cap on housing investor credit growth was a key reason for their moves to raise rates for these customers by 0.27 percentage points late last week.