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The banks face weaker growth in their biggest market: mortgages.

The banks’ rivers of gold are facing another blow

On top of a weakening economy and an energy crisis, banking giants now face a softer market in their most important type of lending: mortgages.

  • Clancy Yeates

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ANZ CEO Nuno Matos said small business lending was “the hottest part of the market”.

‘This crisis is still at the beginning’: ANZ boss sends Iran war warning

As ANZ delivered a $3.8 billion profit, chief executive Nuno Matos has sounded a warning over the risks that would arise from a prolonged conflict in the Middle East.

  • Clancy Yeates
Former ANZ chief Shayne Elliott.

Former ANZ chief Shayne Elliott drops legal action against bank

Elliott was denied $13.5 million in bonuses following a string of regulatory woes at the big four giant.

  • Clancy Yeates
The ASX is set for an uncertain start to the session.

ASX slips after Trump tariffs drama; banks and tech shares slide

The Australian sharemarket lost ground as investors digested the implications of the latest developments regarding US President Donald Trump’s trade war.

  • Staff reporter
The ASX hit an intraday high on Thursday.

ASX rises as banks and miners jump, while Wesfarmers falls

The Australian sharemarket hit a new high on a bumper day for the reporting season.

  • Staff reporter
NAB shares have soared on the back of its trading update.

ASX closes higher for third day straight as NAB jumps; Santos cuts jobs

The Australian sharemarket ended the day in the green as investors digested a raft of company results, with National Australia Bank jumping after a trading update. 

  • Staff reporter
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ANZ chairman Paul O’Sullivan (left) with chief executive Nuno Matos.

ANZ won’t hesitate to wrest more bonuses from executives, says chair

Paul O’Sullivan told shareholders ANZ would continue to make decisions regarding unvested equity for its former executives “where appropriate”.

  • Dominic Powell
Former ANZ chief executive Shayne Elliott outside the Federal Court in October.

Former ANZ boss sues bank after losing $13.5 million in bonuses

Former ANZ boss Shayne Elliott has lodged legal action against the bank after it denied him millions of dollars in bonuses.

  • Clancy Yeates
Andrew Irvine addresses the House standing committee on economics on Wednesday.

‘Sad’: Bank chief slams Australia’s political failure on net zero and energy

Amid an intense political debate over energy prices and net zero, one of the nation’s top bankers says the current state of play is sad.

  • Shane Wright and Millie Muroi
ANZ chief executive Nuno Matos says ANZ’s retail and business banking units are underperforming.

ANZ boss vows to reignite mortgage growth as market share slides

ANZ’s boss says its growth in mortgages was being held back by staff shortages and a past decision not to participate a government scheme for first home buyers.

  • Clancy Yeates