Good morning,

ANZ is shrugging off fears of rising mortgage stress to implement a controversial policy that allows wealthy customers, based in 145 postcodes including Point Piper and Toorak, to borrow up to 95 per cent of a property’s value without mortgage insurance.

The Queensland government was told by the boss of CS Energy “at an early stage” that the state-owned power company would not release a damaging independent report into an explosion at one of its generators, which led to hikes in electricity prices, despite subsequent assurances from Labor that it was going to be made public.

Aspirational cattle baron Sam Mitchell – who the Australian Taxation Office alleges owes tens of millions of dollars and failed to pay wages – has appointed his own administrator to try salvage one of his businesses.