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Judge orders soft class closure in ‘junk’ insurance class action
Class Actions 2024-02-28 10:40 pm By Cat Fredenburgh

A judge has ordered soft class closure in a class action against Suncorp unit AAI over allegedly worthless insurance, saying that knowing how many of […]

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ACCC faced ‘formidable obstacle’ in fight against ANZ, Suncorp merger
Analysis 2024-02-20 10:30 pm By Cindy Cameronne

The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but […]

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ACCC’s decision blocking $4.9B ANZ, Suncorp merger overturned by competition tribunal
Competition & Consumer Protection 2024-02-20 9:56 am By Cindy Cameronne

The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not […]

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ANZ, Suncorp gear up for fight with ACCC over $4.9B merger
Competition & Consumer Protection 2023-09-12 11:25 pm By Sam Matthews

A battle with the competition regulator over the proposed ANZ, Suncorp tie-up has begun, with the first clash involving a group of rival lenders that […]

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$4.9B ANZ, Suncorp merger heads to Competition Tribunal
Competition & Consumer Protection 2023-08-25 10:11 pm By Cat Fredenburgh

ANZ has lodged an application asking the Australian Competition Tribunal to reverse the competition regulator’s rejection of its $4.9 billion tie-up with Queensland-based Suncorp. The […]

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ACCC rejects $4.9B ANZ, Suncorp merger
Financial Services 2023-08-04 12:18 pm By Cat Fredenburgh

The ACCC has rejected ANZ’s $4.9 billion acquisition of Queensland-based Suncorp, setting up a likely challenge before the Australian Competition Tribunal. The Australian Competition and […]

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ACCC delays decision on $4.9B ANZ, Suncorp merger
Competition & Consumer Protection 2023-07-24 11:10 pm By Cat Fredenburgh

The competition regulator has delayed its final decision on whether to approve ANZ’s $4.9 billion acquisition of Queensland-based Suncorp, after expressing worries the tie-up could […]

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Suncorp admits to underpaying workers by $32M
Employment 2023-06-09 3:55 pm By Sam Matthews

Insurers Suncorp and AAMI have back-paid $32 million to thousands of employees who were underpaid over a period of almost eight years. The insurers will […]

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ANZ lashes rival’s ‘distorted’ arguments in final push for $4.9B Suncorp deal
Competition & Consumer Protection 2023-06-07 5:05 pm By Gareth Baker

ANZ has rubbished arguments from a competitor and the ACCC that its merger with Suncorp’s banking arm will reduce competition and hurt consumers, saying the […]

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ACCC casts doubt over claimed benefits of ANZ’s $4.9B Suncorp acquisition
Corporate 2023-04-04 3:29 pm By Christine Caulfield

The competition regulator has cast doubts on the public interest argument for the proposed $4.9 billion ANZ, Suncorp tie-up, saying Tuesday the nature, likelihood and […]

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