Big four
Opinion
Opinion
Why did ANZ look past its bench to pick a superstar CEO
The Big Four bank’s decision to fly in an overseas star banker is at the very least curious – and potentially risky.
- by Elizabeth Knight
Latest
Updated
Executive shake-up
ANZ chief to step down, replacement named
ANZ chief executive Shayne Elliott will step down next year after nine years at the helm.
- by Sumeyya Ilanbey and Omer Ilanbey
This big bank plans to kill the password by 2030
The head of cybersecurity at one of Australia’s Big Four says it’s time to put passwords to bed, and replace them with something better.
- by Sumeyya Ilanbey and David Swan
Opinion
Opinion
The one player fuelling the $148b bank bonanza
The surge in bank shares this year has been truly enormous. But if booming profits aren’t driving the great bank share rally, what is?
- by Clancy Yeates
Simon Birmingham’s post-politics job revealed as Christmas reshuffle looms
The former Liberal frontbencher has wasted no time in picking up a lucrative gig in the private sector.
- by Sumeyya Ilanbey and James Massola
CBA caves in to pressure over plan to charge $3 for branch withdrawals
Facing a backlash, the bank has paused a move that would have led to about 50,000 extra customers charged for withdrawing cash from branches.
- by Sumeyya Ilanbey, Millie Muroi and Clancy Yeates
Opinion
Opinion
Why CBA should be embarrassed for charging for cash withdrawals
Australia’s biggest bank has found out the hard way how quickly a simple and largely benign change to transaction accounts can become a debacle.
- by Elizabeth Knight
Shops to be forced to accept cash for basic supplies and services
The use of physical currency has plummeted in recent years, but Australians will still be able to use it to buy essential items into the future.
- by James Massola and Shane Wright
ASIC sues NAB for ‘failing’ customers facing financial hardship
The corporate regulator cited submissions from people who had left violent relationships or who had lost work during the pandemic.
- by Sumeyya Ilanbey
Can ANZ’s $2.5 billion tech bet close the gap on rivals?
Maile Carnegie is trying to transform the bank’s technology, and oversee the movement of millions of customers to a new platform. It’s a mammoth undertaking.
- by Sumeyya Ilanbey
Updated
World markets
ASX slides as ‘Trump trade’ peters out on Wall Street; miners, banks fall
The Australian sharemarket remained in the red throughout the day on Wednesday, marking the index’s third consecutive day trading lower.
- by Hannah Hammoud