Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 4BC account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 4BC content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 4BC online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

ANZ boss says bank can’t let-up, despite better than expected profit

Deborah Knight
Article image for ANZ boss says bank can’t let-up, despite better than expected profit

ANZ chief Shayne Elliott says the bank can’t let-up in its hunt for savings over the next few years, despite posting a better than expected half-year result.

ANZ posted a $3.56 billion profit.

Mr Elliott told Ross Greenwood the number had to be put into perspective.

“It’s a big number because we’ve got a lot of capital at work generating that, but look at the composition – our profit in Australia was actually down 8 per cent,” he explained.

“That’s a pretty big fall.”

Click PLAY below to hear more on Money News

Deborah Knight
Advertisement