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INSANE: 3 | Vintage Vibes

Suncorp home insurance premiums soar as floods weigh on profits

Suncorp has hiked its home insurance premiums by almost 10 per cent on average after payouts from devastating floods weighed on its profits.

The New Daily

Oz Minerals rejects BHP takeover bid, while ASX climbs after lacklustre session

Copper and nickel miner Oz Minerals rebuffs an $8.3 billion takeover bid from BHP, while the Australian share market gains on the first trading day of the week.

ABC News

ANZ grows, Tesla disappoints, and inflation keeps surging in this week’s market wrap

The ASX200 traded to its highest level in more than a month this week. Here are five of the biggest events that caught investors' attention.

The New Daily

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ANZ's takeover of Suncorp will reduce bank competition – but will that be enough to block it?

Australia has one of the world’s most concentrated banking sectors, with its four biggest banks – Commonwealth Bank, National Australia Bank, Westpac and ANZ – holding more than about three-quarters of the market.

The Conversation

The Loop: ANZ takes over Suncorp, Rugby Australia issues a life ban to a spectator, and the UK prepares for its hottest day ever

Get up to speed on today's headlines with The Loop.

ABC News

ASX rises, Suncorp share price jumps amid ANZ takeover bid, NZ inflation hits 7.3 per cent,

As comments from two US central bank officials eased fears about a bigger interest rate hike this month, Australian shares rose on Monday, while Suncorp scrip jumped after ANZ said it would buy the insurer's banking business.

ABC News

ANZ stitches deal for Suncorp banking arm

The big-four lender has agreed to pay $4.9 billion for the banking operation as it seeks to shore up its Queensland business.

AAP

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ANZ announces $5 billion Suncorp Bank takeover

Suncorp accepts a $4.9 billion bid from ANZ to take over its banking business, as the big four bank seeks to accelerate its growth.

ABC News

Cameron Munster’s ghost looms large over gripping State of Origin decider

His forced absence is bad news for Queensland but Maroons mythology was built on these backs-against-the-wall moments

The Guardian - AU

'Fun' Suncorp holds no fear for Blues

NSW halfback Nathan Cleary has labelled Suncorp Stadium a "fun place to play footy" as the Blues aim to defy history in next week's State of Origin decider.

AAP

NSW set for different beast in Origin III

The Blues will have to overcome a horrible run in State of Origin deciders if they are to clinch the series in Brisbane on July 13.

AAP

Tony and Diane got flood insurance just before their home was inundated, but were too late

The couple's new flood insurance costs them $7,000 a year. They're struggling to pay it and they're not alone, with insurance affordability around the country predicted to get worse.

ABC News

Suncorp super class action settles

A class action against Suncorp over excessive superannuation commissions has settled on the first day of trial.

AAP

Rebels' Gordon to embrace Suncorp return

Melbourne Rebels No.10 Carter Gordon hopes his former Queensland Reds teammates try to unsettle him in Saturday's Super Rugby Pacific opener.

AAP

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AAP

Suncorp peppered by disaster claims

Major insurer Suncorp has weathered a challenging first half peppered by natural disaster claims but is more optimistic about the rest of the year.

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