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ANZ insists its mortgage business is profitable – as profit growth wanes

ANZ Bank's profit growth momentum is slowing significantly as its mortgage book surges.

Jenny Ruth
Fri, 30 Oct 2015

New Zealand’s biggest bank insists its new mortgage business is profitable even as that surges but its momentum in profit growth wanes.

ANZ Bank’s net profit rose just 4% to $1.77 billion in the year ended September, down from the 5% growth in the nine months ended June and the 25% growth in the

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Jenny Ruth
Fri, 30 Oct 2015
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ANZ insists its mortgage business is profitable – as profit growth wanes
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