A distinctly middling result and the end of ANZ’s $8 billion cost target will challenge the market’s confidence in Shayne Elliott’s growth strategy, even as rates rise.
Four years ago, ANZ chief executive Shayne Elliott said something he’s always regretted. On Wednesday, it became clear why.
Shayne Elliott says his cost target no longer makes sense. David Rowe
Loading...
James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
