ANZ chairman Charles Goode said the group would enjoy tailwinds from the recovering economies in Australia and New Zealand. [More]

NAB said it has agreed certain key terms with AXA AP to acquire its Australian and New Zealand businesses. [More]

Stockland has extended its debt maturity profile to around 6.3 years. [More]

Westpac said it had started the new financial year well with strong momentum, but noted that governments would heavily shape its outlook. [More]

RBS Research has moved to a trading buy on ASX on the belief that the company will generate significant EPS growth from FY11 as current high volumes flow through to earnings. [More]

ASX Substantial Shareholder Changes [More]

Woolworths has appointed the top executives to steer its foray into the $24 billion plus hardware sector. [More]

RBS Research believe QBE’s result was strong in difficult circumstances. This should reduce the ongoing balance sheet concerns that the market has had. [More]

Australian GDP increased by 0.6% in the June quarter compared to the March quarter, seasonally adjusted. [More]

National Australia Bank said it would write off the carrying value of its $309 million receivable due from the ATO to nil. [More]