Daily Dispatches: ANZ eyes up $5bn Asian expansion

ANZ Bank is entering a critical phase of its super-regional strategy, saying it could spend more than $5bn on strategic stakes in both the Asian lenders it is examining. (The Australian)

The Australian Securities and Investments Commission (ASIC) may be one of the nation's best resourced and best funded regulators, but it has been subject to less recent parliamentary scrutiny than the Australian Competition and Consumer Commission (ACCC), according to new research released by the Rule of Law Association of Australia. (Money Management)

A Reserve Bank currency firm was willing to supply prostitutes and pay bribes to win contracts, according to a federal police witness at the centre of Australia's most serious corruption investigation. (Sydney Morning Herald)