ANZ hires Phil Chronican

Phil Chronican will take over as chief executive of ANZ's Australian banking business from November, the bank said yesterday. read more

Modest spending on Myer cards

Myer Holdings yesterday provided some glimpses into its payment card business with the publication of the prospectus for the forthcoming initial public offer. read more

Hardship test up to the courts

It will be up to the courts to determine the meaning behind terms such as 'hardship' and 'appropriate' in the new credit licensing law, ASIC commissioner Peter Boxall told a Melbourne Centre for Finan.. read more

The September run on Suncorp

In the group's annual report, published on Friday, Suncorp more or less confirmed, at long last, the fact, though not the significance, of its near-death experience 12 months ago. read more

Joint venture not such a bad business

One piece of received wisdom worth putting into perspective is the suggestion that the ANZ and ING joint venture is in some fashion an underachiever, in the life segment at least. read more

Path clear for Asian wealth spend-up by ANZ

While most of ANZ's domestic banking businesses are, in practice, starved of capital for growth at present, the management rhetoric around the acquisition of ING's majority stake in the pair's wealth.. read more

Less demand for deposit guarantee

Demand for use of the government guarantee on deposits of more than $1 million and on short-term bank debt is falling, the latest Financial Stability Review published by the Reserve Bank of Australia.. read more