Elliott and Hodges take new grip on ANZ IT

ANZ will refresh the executive team handling facets of its technology and operations management, with managing director Shayne Elliott opting to take direct oversight of the work of the chief informat.. read more

Savings ratio stabilises

The household savings ratio has stabilised, after having fallen since 2011. The Reserve Bank expects it to fall further. read more

Whelan places ANZ on rations

ANZ's institutional bank will concentrate its efforts on about 6000 key customers and half a dozen industry sectors to buttress measures to lift returns. read more

Bank buffers sufficient for Moody's

Australia's banks have built up substantial buffers against potential losses, Moody's said, ruling the outlook on the sovereign rating for Australia is "stable". read more