ASX Announcements
Update - Dividend/Distribution - ANZ
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
- May 17, 2024
- 7 pages
Further information on ANZ's DRP Neutralisation, DRP & BOP
Dividend - Other, Dividend Reinvestment Plan
- May 17, 2024
- 1 page
Today
Traders finger ‘pre-hedging’ in ANZ bond probe
Fixed income traders say pre-hedging is “a gray area” riddled with inherent conflicts of interest. ASIC has already targeted Westpac over the practice in swap markets.
- James Eyers and Cecile Lefort
This Month
ANZ confirms investigation of its government bond sale
ANZ said is “co-operating fully” with ASIC as it investigates “suspected contraventions” of the Corporations Act relating to a government bond sale last year.
- James Eyers
- Exclusive
- Regulation
ASIC investigates ANZ over Treasury trades
The corporate regulator acted after receiving a complaint from the Australian Office of Financial Management, which raises government debt, sources said.
- Aaron Patrick
ANZ wants to revisit Bank@Post deal amid scrutiny of branch closures
It is the only major bank not to allow customers to access services through Australia Post. Rural branch closures will be a focus of a Senate report this week.
- James Eyers
- Analysis
- Earnings season
Can the banks fight their way out of the commodity trap?
It’s hard to see how the banks can meaningfully increase profit margins unless the trend towards mortgage brokers reverses.
- Lucas Baird
Business loan demand spikes, keeping inflation fears alive
CBA, the country’s largest lender, says a strong labour market is driving “robust” demand from companies, which could push up prices, economists warn.
- James Eyers and Lucas Baird
ANZ hardens policy against bankrolling oil and gas projects
The bank says it will “no longer provide direct financing to new or expansion upstream” projects, practically ruling out lending to the largest proposals.
- Ben Potter
Pallas vows to prove rating agencies wrong
Treasurer Tim Pallas has fended off warnings Victoria could face a third credit rating downgrade since 2020.
- Gus McCubbing and Patrick Durkin
Westpac’s business boss eyes fast-charging financing demand
Anthony Miller says “business credit growth will be as good, if not better than in the first half” after three banks talked up their business lending pipelines.
- Lucas Baird
- Updated
- Earnings season
ANZ says it can reward shareholders and grow lending
The bank said profits were down in its retail business with conditions “more competitive than ever”, but lending to large companies was stronger.
- Updated
- Lucas Baird and James Eyers
- Opinion
- Chanticleer
The sneaky bad news in the banks’ $4.5b buyback bonanza
ANZ joined the bank buyback party on Tuesday. Investors love getting excess capital back, but do these buybacks show the banks are short of growth options?
- Updated
- James Thomson
ANZ reveals $2b buyback; Macquarie bets on AI; Bonza backers’ plot
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
Big banks hand out the treats to keep investors sweet
The banks have a few lollies for shareholders. NAB’s was capital management, Westpac is likely to follow suit.
- Anthony Macdonald
April
- Exclusive
- Big four
Westpac’s Yetton targets ‘right returns’ over mortgage wars
The consumer bank chief also also promises to extend a moratorium on regional branch closures until 2027.
- Lucas Baird and James Eyers
- Opinion
- Chanticleer
The politician who’s answered ANZ’s rallying call on bank rules
Liberal Senator Andrew Bragg has backed Shayne Elliott’s view that bank rules are restricting economic growth and making it harder for first home buyers to get into the market.
- James Thomson
- Opinion
- Chanticleer
Why Shayne Elliott says it’s time to tweak responsible lending rules
The ANZ boss says the derisking of Australia’s very safe banking system is coming at a cost to growth and economic dynamism. A rebalancing is required.
- Updated
- James Thomson
Henri Aram: the 101-year-old market gadfly
A reforming pioneer in the investment advice industry, Henri Aram was also outspoken about the operation of finance markets and the behaviour of big corporates.
- Andrew Clark
Banks stare down spectre of bad debts, eye $4.5b return
Analysts say banks may declare higher dividends and share buybacks over the next fortnight’s earnings season as margin pressures ease.
- Lucas Baird and James Eyers
NSW wants fintechs to be part of the country’s largest bank contract
Westpac, ANZ and Citi are incumbents, but NSW Treasury wants innovative pitches to help solve issues, such as helping get payments to victims of domestic violence who may not have access to banks.
- Max Mason
Macquarie, ANZ and Canva CEOs help power Australia’s India push
Governments hope to prevent another false dawn in bilateral trade and investment by getting business to work on policy.
- James Eyers
