ACCC Brings Down the Axe on ANZ and SUN Deal

By Janine Cox
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This article is for general educational purposes only and does not take into account your personal financial circumstances, objectives or needs. Before making any investment decisions, consider your individual circumstances and seek independent financial advice if necessary.
In this week’s Talking Wealth Podcast, Janine discusses how the ACCC have exerted their power, yet again, to axe the merger deal between ANZ Bank and Suncorp. This podcast follows on from the ACCC ruling that stopped Telstra and TPG from proceeding with the network-sharing agreement for regional Australia. Is the decision to stop the merger between ANZ and SUN good for consumers and how will this impact the share price of ANZ and SUN?



