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The Australian Business Review
 

Good morning,

ANZ chief executive Shayne Elliott still has work to do on the clean-up operation that marked the start of his tenure. But his Suncorp transaction will mark a milestone for his rein, even as the bank now navigates the hard work on the integration and customer migration. 

And while his successor is mad about sports, including tennis legend Rafael Nadal, when it comes to the high-octane world of banking, incoming ANZ chief executive Nuno Matos is described as a keen adopter of technology and “very focused”.

Elsewhere, one of Australia’s largest steel businesses, Westview Group, is planning to build a $750m low-carbon mill in Brisbane, at a time when concern over supplies is rising as major supplier Sanjeev Gupta’s empire fights for its future.

Perry Williams
Business editor
The markets


Making news this morning
1
Coalition rejects CSIRO nuclear costings as Labor seizes on report
With energy shaping as a critical election issue, the Coalition has rejected CSIRO’s report on nuclear power plant costings.
2
Pay deal for ground crew averts airport strike
Last-minute talks have averted a threatened strike by ground crews at major airports, after their employer agreed to union demands.
3
Canberra’s clean energy bank defends $117m investment
The Albanese government’s renewable energy investment arm has defended its funding for a private equity firm founded and controlled by Mineral Resources chairman James McClements.
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