Net profit fair ‘without being excessive’: ANZ’s Antonia Watson
ANZ NZ CEO talks to NBR about profit result, interest rates, CoFI, and ComCom market study.
WATCH: ANZ chief executive Antonia Watson speaks with Jonathan Mitchell.
ANZ has reported a slight drop in its annual net profit and expects tough economic conditions to linger as households and businesses roll on to higher interest rates.
The country’s largest bank reported that statutory net profit in the year ended September 30 fell 7% to $2.1 billion, compared with
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