ASX 200 live updates: ASX falls 0.4pc, ANZ posts profit as mortgage applications slump; IAG profit slumps; MFF profit lower while Origin surges

ASX slides after Wall Street retreats; CBA whipsaws, AGL rallies

ASX fell 0.6% as Wall Street retreated; CBA reported 7% profit growth ($11B) but warned slowdown—mortgage applications down 15% since May from higher rates. Rising rates compress tech capex; geopolitical oil volatility (Iran) threatens energy costs; Fed hike September tightens startup financing.