Daily Dispatches: not a snowball's chance of Suncorp sale

The new chief executive of Suncorp, Patrick Snowball, has warned that constant speculation about the bank's future ownership was the greatest threat to prosperity for the Queensland-based diversified financial services group. (The Australian)

And Suncorp says bad debts have stabilised in the September quarter but its banking unit continues to see weakness in corporate property values. (Business Day)

ANZ Bank will inject a further $US400m ($435m) into its expanding business in China after securing regulatory approval for a locally incorporated bank, hopefully by April. (The Australian)

A landmark inquiry sparked by the collapse of Storm Financial has stopped short of calling for laws banning commissions in financial planning, instead placing the issue back in the hands of the Government. (Sydney Morning Herald)