Investment pays dividends for ANZ

ANZ is reaping the benefits of its many long-running investments in business improvement in Australia, New Zealand and Asia, with the bank justifying a rise in its dividend payout ratio on the promi.. read more

More soft loans on offer for farmers

Government-sponsored rural lenders will have access to a further A$60 million in funding from the Australian government, made available in a bid to address the politics of a supposed shortfall in pr.. read more

CEFC return target only three per cent

Investors and lenders in renewable energy projects may find themselves working alongside, or in competition with, a public sector financier which has a very modest mandate. read more

ANZ's Bangalore hub not for sale

ANZ is committed to ownership of its global hubs and IT has "not had any discussions about our Bangalore hub with Wipro Ltd about a possible sale", says the bank. read more

Suncorp keeps up the pace

Suncorp is maintaining a quick rate of growth in commercial and agribusiness lending, which, it says, is largely being funded by an increase in retail deposits. read more

Wipro bid for Bangalore hub

ANZ may be considering an unsolicited offer for its information technology hub in Bangalore.The Hindu reported that Wipro Ltd is in talks to acquire ANZ Operations and Technology  and ANZ Support.. read more

Slow growth and higher losses 'normal'

Banks and bank investors are stuck with slow growth and with housing price growth that will be slower in future than in the previous 30 years, a senior Reserve Bank of Australia official says. read more