ANZ Wealth auction and the $9.5 billion smoking gun
ANZ Banking Group has hopes for its up-for-sale wealth unit.
Banks brace for tax on liabilities
Australia's big four banks are bracing themselves for a new tax on balance sheet liabilities in the budget which is said to raise $6 billion over four years.
Bankers face executive pay crackdown, loss of bonuses
Bank bosses will be banned and face having their bonuses stripped under populist and far-reaching new laws.
Big banks tapped to repair deficit
The big four banks and Macquarie have been targeted to repair the budget, facing a levy that will raise $6 billion over four years.
‘One-stop shop’ for bank disputes
The government will establish a single, industry-funded body that gives consumers access to free, fast and binding dispute resolution.
Sell-off wipes $14b from bank shares
Massive rout in bank shares compounded by reports of a new tax and heightened expectations from investors.
ISPT in talks to collect NAB's rent, again
Industry superannuation fund-backed ISPT is in talks to buy a half-share in National Australia Bank's new $800 million home in Melbourne.
Fairfax shareholders want up to $3.1b
Fairfax Media shareholders are believed to be pushing for a $3.1 billion bid for the entire company.
September Fed rate hike could derail equity rally
Ellerston's global macro team is betting US interest rate rises will surprise the market.
Fairfax Media's valuation-bid price paradox
Analysts think Fairfax Media is worth less than TPG's $2.2 billion offer. But they don't think the current offer cuts it. Go figure.
