Good morning, Speculation is building that ANZ could flag the retirement of long-serving chief executive Shayne Elliott with an announcement on the future of the veteran banker as early as today amid a deepening crisis with the bank’s bond trading scandal, which has attracted scrutiny from ASIC and APRA. The CSIRO has stepped up its attack on the price of Peter Dutton’s nuclear ambition, claiming the cost of large-scale power plants far exceeds firmed renewables over the long term, even if solar and wind farms are completely rebuilt every 25 or 30 years. Meanwhile, Melbourne-based fund manager Salter Brothers is advancing plans to list a hospitality vehicle by 2026, with hopes to build its portfolio into the largest hospitality vehicle in the Asia-Pacific as it expands to more than $3bn of hotels over the next five years. |