Federal Treasurer Jim Chalmers will take his time to consider ANZ's acquisition of Suncorp Bank, after a tribunal overruled the consumer watchdog's refusal of the $4.9 billion sale.
The competition regulator has blocked ANZ's acquisition of Suncorp's banking arm in what was a $4.9 billion transaction that would have shaken up the banking industry.
The heads of Australia's two largest banks are more than happy to talk about how they are assisting customers who may still be suffering hardship after last year's recession.
Suncorp's net profit from continuing operations fell 7.2 per cent to $348 million during the first half, weighed down by a surge of bushfire and hailstorm claims.
Brisbane-based Suncorp Bank is calling time on its sponsorship deal with Perth Arena, making it the first corporate partner to withdraw support since signing with the facility at its 2012 opening.
Investa Office Fund says it is looking to increase its footprint in Western Australia's commercial office market, after acquiring the building at 66 St Georges Terrace for $82.4 million.
