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The Australian Business Review
 

Good morning,

Qantas has confirmed that the near 1000 customers who were caught up in a cyber theft involving workers at an Indian ground-handling company may have had their passport numbers accessed .

ANZ chief executive Shayne ­Elliott doesn’t expect to remain in the top job to see through a multi-year integration of Suncorp’s bank, as he hinted at a ­potential changeover in 2025 while the board actively considers the issue of succession.

Joseph Healy still recalls the most difficult day of his 62 years on Earth like it was yesterday. The veteran former ANZ and NAB banker, shares the heartbreaking story of losing his son George to a fentanyl overdose during the height of the Covid pandemic.
Perry Williams
Business editor
The markets


Making news this morning
1
BHP lifeline as nickel smelter shutdown culls WA mining jobs
BHP has offered new jobs to about 800 workers affected by the shutdown of its nickel operations but hundreds have chosen redundancy amid a major commodity downturn.
2
Lending rules that ‘rub out the Australian dream’ under review
A looming inquiry into home lending spearheaded by Liberal Senator Andrew Bragg could look to change APRA’s mandate ‘to maximise first homeownership’.
3
The household bill that’s worrying us the most
Official inflation is falling, but consumers are not noticing relief in one key expense as they adjust their spending patterns.
Editor's picks
COMPETING BIDS
Power couple sell up as auction rates stumble
Melbourne power couple Robyn McLeod and Barry Smith have listed their executive townhouse in bayside Brighton.
By JONATHAN CHANCELLOR
EXCLUSIVE
Criminals hacking into phones using cheap tech tricks
Hackers can cheaply get a box in the back of a car that mimics mobile phone towers to intercept phone calls and steal personal data, experts say. Here’s what to look out for.
By JARED LYNCH
DATAROOM
Rio Tinto in talks to buy Arcadium Lithium in potential $US4bn-plus deal
Rio Tinto is capitalising on low lithium price levels by making an acquisition in the space.
By BRIDGET CARTER
Commentary
Look beyond political noise to underlying structural trends
By GLENDA KORPORAAL
Senior writer
The US election will test the conviction of those with investments in the world’s largest economy.
Lithium disposal failings require urgent attention
By SIMON LINGE
The federal government must ban the export of used batteries to secure a feedstock for recyclers here in Australia, Lithium Australia says.
DataRoom
→ Permira’s $3bn-plus I-MED sale reaches pivotal point
It’s crunch time for the I-MED auction now that suitors have come forward with indications on what they would be prepared to pay for Australia’s largest diagnostic imaging provider.
→ Wall Street banks get nod for HMC Capital digital fund float
DataRoom can reveal that banks will be appointed this coming week and sources say two Wall Street banks have been lined up for the job of listing the fund.
→ Investment banks tapped for $3bn-plus Kestrel sale
EMR Capital is understood to have hired Bank of America and Macquarie Capital for a sale of its $US3bn-plus Kestrel coal mine that could come on the market as soon as this year.

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