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‘Competition concerns’ flagged in Suncorp-ANZ deal: ACCC
5 April 2023

The competition watchdog is seeking further feedback before making a decision on ANZ’s proposed acquisition of Suncorp Bank.

60% of borrowers ahead of mortgage repayments: Suncorp
9 February 2023

The bank has reported a 5.2 per cent increase in home lending for its 2023 financial half-year results.

ACCC made ‘fatal mistake’ in blocking ANZ/Suncorp merger: ANZ counsel
5 December 2023

The consumer watchdog has made a “fatal mistake” when it knocked back ANZ’s $4.9 billion acquisition of Suncorp Bank, the counsel representing ANZ has told the competition tribunal.

ACCC to rule on ANZ-Suncorp merger in June 2023
14 December 2022

ANZ’s proposed acquisition of Suncorp’s banking arm is now officially being considered by the competition watchdog, with a formal decision expected on 12 June 2023.

ACCC won’t seek review of ANZ-Suncorp decision
6 March 2024

The competition watchdog “does not propose to seek review” of the competition tribunal’s decision to grant authorisation for ANZ to acquire Suncorp.

ANZ and Suncorp will ‘continue to operate as two independent brands’
29 July 2024

In this episode of Broker Daily Uncut, we sit down with Natalie Smith, general manager of retail broking at ANZ. Here, she delves into the upcoming merger with Suncorp, setting the record ...

ANZ seeks review of ACCC decision on Suncorp acquisition
28 August 2023

The major bank has announced it has filed an application for the Australian Competition Tribunal to review ACCC’s acquisition denial.

ANZ-Suncorp merger appeal to be handed down today
20 February 2024

The Australian Competition Tribunal will hand down its determination relating to ANZ’s proposed acquisition of Suncorp Bank today.

ANZ-Suncorp merger denied
4 August 2023

ACCC has denied authorisation for ANZ to acquire Suncorp Bank.

ANZ-Suncorp merger given green light
20 February 2024

The Australian Competition Tribunal has overturned the ACCC’s decision to block the ANZ-Suncorp merger – giving it the green light to proceed.

ANZ-Suncorp merger won’t ‘substantially’ lessen competition: ANZ
8 June 2023

The major bank has asserted that Suncorp Bank is not a “particularly important source of competition”, in a response to the ACCC’s concerns.

ANZ-Suncorp sign agreement with Qld government
19 June 2023

The two groups have signed agreements with the Palaszczuk government in order to support Queensland jobs and financial services sector.

Bendigo-Adelaide chides proposed ANZ-Suncorp deal
9 November 2022
Bendigo-Adelaide chides proposed ANZ-Suncorp deal

Suncorp’s sale to ANZ would add to Australia’s banking “oligopoly”, Bendigo-Adelaide Bank has declared.

Big four pass on latest rate hike
13 September 2022
Big four pass on latest rate hike

All four major banks plus Macquarie, Bendigo, Adelaide and ING will pass on last week’s 50-bp rate hike.

Business as usual for ANZ-Suncorp amid merger
31 July 2024

The ANZ-Suncorp merger is slated to kick off tomorrow (1 August). Speaking to Broker Daily, ANZ has driven home that it’s business as usual for the two organisations and brokers will ...