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The Australian Business Review
 

Good morning,

ANZ was alerted about the corporate regulator’s growing interest in its role in a $14bn bond placement in August 2023 - nine months before it told shareholders about the ongoing investigation that now threatens to engulf the bank's leadership.

Meanwhile, complaints against Cbus are mounting, and one grieving father has revealed that the industry fund gave him the run-around for a year before paying out his son’s death benefit - and is still refusing to disclose key information to him on the make-up of the payment.

And the competition watchdog is expected to grant interim authorisation today for Virgin and Qatar Airways to co-operate on international flights from Australia under a wet lease deal signed along with Qatar's equity investment in Virgin.

Perry Williams
Business editor
The markets


Making news this morning
1
Troubled Melbourne fund ‘may have traded while insolvent’
Administrators of Melbourne-based funds management company Keystone say it may have traded while insolvent, as they rejected a bid for control of the company.
2
Blackout risk to linger, gas shortfall worse than feared
A heatwave is stressing NSW’s energy grid, with authorities warning that stress will peak on Wednesday and Thursday.
Editor's picks
GAMBLING
Crown backs Victoria’s pokies crackdown
Crown Melbourne has backed the Victorian government’s moves to introduce the nation’s strictest gaming machine rules, including slashing load-up limits.
By GIUSEPPE TAURIELLO
MARGIN CALL
Is Vatican losing faith in ACU?
It’s not just Sydney’s Archbishop who is doubting the Australian Catholic University of late but it appears the church’s highest earthbound authority, the Vatican no less, has concerns.
By YONI BASHAN, NICK EVANS
PROPERTY
‘We were very happy’: Highrise Harry’s most emotional apartment sale
Of more than 80,000 apartments Harry Triguboff has sold in his lifetime, this will be the most emotional. See inside the penthouse the property billionaire owned for more than 34 years before it hits the market
By KATHLEEN SKENE
Commentary
How Trump’s rise could spoil BHP’s run at Anglo
By ERIC JOHNSTON
Associate Editor
As restrictions on BHP making another mega-approach to Anglo’s board lift in coming days, this time the Australian miner could be fighting against a bigger force.
What are insurers and hospitals fighting about?
By JAMES KIRBY
Wealth Editor
A heated brawl between private health insurers and the nation’s hospitals has gone public. Something has to give. So far it’s the patients who look likely to pay more, no matter wh...
DataRoom
Major NZ wealth manager ‘snaring Aussie backer’
The Soul Patts-backed Ironbark Asset Management could soon be the third offshore group to buy into Craigs Investment Partners.
Who offered what for Anglo American’s Aussie coal mines
Was winner Peabody Energy really the best bidder?
IPO may be off as suitor takes a shine to Mason Stevens
Wealth manager Mason Stevens is understood to have caught the eye of an offshore suitor, which may halt plans for an IPO.

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