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ANZ’s call for caution after $1b half-year profit

Statutory profit fell 9% to just over $1b, with the bank well-placed to fight economic headwinds.

ANZ chief executive Antonia Watson speaks with Jonathan Mitchell.

ANZ has reported a slight fall in half-year profit but it remained just over $1 billion.

Its statutory profit in the six months ended March 31, which included gains and losses from economic hedging, fell 9%, or $94 million.

Operating income increased $346m, expenses fell $15m, while it reported a

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Contact the Writer: jmitchell@nbr.co.nz
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ANZ’s call for caution after $1b half-year profit
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