The regulator spotted the market manipulation and informed JP Morgan of the breaches, which was then slow to respond.
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.
NZ arms of Kmart, Bunnings and Blackwoods all solid performers, but inflationary environment impacting trading environment.
Australia will be older, potentially poorer and much hotter by 2062, according to a Government report.
In his last full year at the airline, Alan Joyce delivered a record underlying profit, but Qantas still faces criticism over cost cutting and class action from disgruntled customers.