Business
Banking & finance
Opinion
Earnings season
What keeps CBA’s boss awake at night? It isn’t stressed borrowers
Any board that ticks off a share buyback and a higher dividend payout ratio is sending a message that it is not concerned about the strength of its franchise.
- by Elizabeth Knight
Latest
The $10.4 million man: CBA chief gets a rich reward
CBA chief Matt Comyn and other executives at the country’s largest bank have seen their pay packets soar as a result of long-term bonus schemes.
- by Clancy Yeates
Reworked ANZ-Suncorp deal could help it get across the line
ANZ may have to tweak its deal to improve the chances of getting the $4.9 million planned purchase of Suncorp’s banking assets through on appeal, investors have said.
- by Millie Muroi
CBA results a litmus test on mortgage pressures as record profits tipped
The bank’s full-year results will give an insight into the state of the economy, bad debts and pressures on banking sector profit margins.
- by Millie Muroi
Mortgage pain is set to get worse. Here’s how banks are getting ready for it
Banks have signalled they will support customers struggling with higher interest rates – but it won’t be the same as COVID-19 rescue packages.
- by Clancy Yeates and Millie Muroi
Updated
Mergers & acquisitions
ANZ to challenge ACCC knockback of $4.9b Suncorp deal
ANZ will appeal the ACCC’s rejection of what would have been the biggest transaction in Australian banking since Westpac’s 2008 takeover of St George.
- by Millie Muroi
Opinion
Credit rating
The US just paid a heavy price for Washington’s poison
The historic credit rating downgrade shines a light on how America’s bitterly divided, dysfunctional politics is playing a key role in its deteriorating financial position.
- by Stephen Bartholomeusz
Analysis
Financial planners
Financial advice fix will take time as adviser numbers continue to fall
Moves are afoot to give Australians access to financial advice that is more affordable.
- by John Collett
Household bank deposits drop $7.7b, in first decline in two years
The latest figures from the banking regulator suggest households may at last be feeling the pinch from rising rates as RBA mulls the next move in its fight against inflation.
- by Millie Muroi and Clancy Yeates
Opinion
Cash
My adventures at Starbucks in LA showed why cash is still king
Unless you’re willing to trade in some dignity, a physical card or cash should remain decisively on your packing list.
- by Millie Muroi
Opinion
Interest rates
The world is watching Japan very closely
What the Bank of Japan does matters for all of us. So Friday’s surprise announcement by its governor sent a jolt through markets and left them wondering what is next.
- by Stephen Bartholomeusz