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ASX:ANZ.AX 13 January 2026 - 8 February 2026

ANZ share price dips after Suncorp job cuts row as rate bets build into CPI week

ANZ share price dips after Suncorp job cuts row as rate bets build into CPI week

Sydney, Jan 24, 2026, 17:29 AEDT — Market closed ANZ Group Holdings Ltd shares slipped 0.5% on Friday, closing at A$36.21 as investors digested news of a new dispute over job cuts linked to the Suncorp Bank integration. The Finance Sector Union of Australia reported that 197 roles were impacted, with 66 staff expected to lose their jobs, primarily in Brisbane. Union president Wendy Streets said the union has “not seen the evidence” supporting ANZ’s claim that it is honoring its commitments. ANZ, for its part, maintained it was “firmly committed” to the promises made when acquiring Suncorp’s banking operations.
24 January 2026

Stock Market Today

  • Rocket Lab Jumps After Striking $8 Billion Iridium Buyout
    June 29, 2026, 10:59 PM EDT. Rocket Lab Corp. (NASDAQ:RKLB) shot up 15.93% and ended at $98.01 after announcing an $8 billion takeover of Iridium Communications Inc. The combined cash and stock deal puts Iridium's value at $54 a share, 24% over its previous close. Rocket Lab says it's moving to create an integrated space business by adding Iridium's satellite network to its launch services. CEO Peter Beck said the plan is to use Iridium's infrastructure alongside Rocket Lab's production and launch capability to go after more markets and build out space applications. Deal completion is targeted for mid-2027, pending shareholder and regulatory sign-off. Rocket Lab's push into satellite communications comes as the sector keeps consolidating.
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