CBA’s chief executive started banging the drum on loss-making mortgages early last year. Now, the broader banking sector appears to be thinking along the same lines.
Deep food and grocery discounts have become increasingly popular with consumers, but the cost is unfairly borne by suppliers, prompting calls for change.
Local managing partner Jason Denisenko says the new-look firm will occupy the same space in the market, but will increasingly take on US firms with Australian arms.
The commercial explosives maker has reported a 10 per cent increase in earnings, beating analyst estimates.
The banking giant was fined after the corporate regulator found it failed to pick up the unusual orders which were likely intended to manipulate wheat prices.