Monthly inflation was expected to fall, but instead gained a percentage point to 3.6%.
Quarterly data surprised on the upside but GDP has fallen to 2.1% on an annualised basis and the nation is technically in a 'per capita' recession.
Inflation is at 4.9% and is expected to be in the RBA target range of 2-3% by 2025.
The regulator said the bank’s IT systems failed to give a consolidated view of customers, resulting in delays and miscommunication.
Joyce’s immediate departure follows a ‘mea culpa’ from the Qantas board yesterday
The airline concedes its reputation has been ‘hard hit’.
The financial results were the last it will report with a contribution from the Government division, which delivered 20% of revenue.
Controversy over the cancelled flights clouds the good news on the airline’s bumper A$1.74b profit.
Opinion polls suggest declining support for the ‘Yes’ case.
Analysts say ANZ has a slim chance of success, and that regulators would prefer a deal between smaller regional banks.
