Join today and you can easily save your favourite articles, join in the conversation and comment, plus select which news your want direct to your inbox.
Join today and you can easily save your favourite articles, join in the conversation and comment, plus select which news your want direct to your inbox.
Australia and New Zealand Banking Group said third-quarter cash profit rose 5.3 per cent from the previous two quarters as a rise in owner-occupier home ownership helped grow its mortgage book.
In a limited trading update on Tuesday, the country's No. 4 lender said cash net profit was $1.79 billion for the three months to June 30. The bank offered no comparable figure from the same period a year earlier, when it reported results for the first nine months of the financial year.
With market participants looking at what opportunity in 2018, we look at the consensus views for the year ahead. This video was produced in commercial partnership between Fairfax Media and IG Markets.
Pilots at low-cost Irish airline Ryanair have held a four-hour walkout - one week after the carrier gave up its long-held opposition to recognising unions.
ANZ's trading update said it had grown at 1.3 times the broader market in lending to owner-occupiers, and 0.8 times the market in property investor lending.
"We've been growing our business in owner-occupied home loans much faster than the market and actually really reweighting our portfolio towards that, and we're really comfortable with that," chief executive Shayne Elliott told the bank's in-house publication BlueNotes.