Indigenous Affairs

ANZ Shares Slip After Dividend Date as First Nations Solar Deal Moves Ahead

ANZ Shares Slip After Dividend Date as First Nations Solar Deal Moves Ahead

ANZ Group Holdings Limited has confirmed it’s among the backers of the Jinbi Solar Project, stepping in as the First Nations-led renewables venture reached financial close — a key milestone for construction in Western Australia’s Pilbara. The announcement came as ANZ shares slipped on Monday, trading ex-dividend for the interim payout. Financial close locks in critical funding, contracts, approvals, and consents—final, with no strings attached. For ANZ, this deal lands the bank squarely in the spotlight on a major Indigenous-led infrastructure project. Australia’s big banks are facing pressure: rate swings, choppy markets, and a sluggish pace in household lending are all in play.
May 12, 2026