April
Inside the ‘great frustrations’ between Shayne Elliott and ANZ board
The veteran banker is finishing as chief executive next month – after nearly a decade, regulatory reprimands and plenty of tension at the top.
December 2024
Elliott’s bonus hit shows how grumpy ANZ investors really are
Local fund managers are clearly unhappy with the board’s approach to risk management. Shayne Elliott is wearing a lot of their grief.
ANZ’s left-field CEO pick piles risk upon risk
A new chief executive with no Australian experience will spend years finishing Shayne Elliott’s signature projects. It’s a perilous sandwich for investors.
August 2024
APRA’s brutal hit to ANZ’s CEO and chairman’s credibility
Forget the money. APRA’s fresh capital imposition on ANZ appears designed to embarrass CEO Shayne Elliott and chairman Paul O’Sullivan.
June 2024
ANZ’s openly gay chairman warns on ASX’s sexuality disclosure
Asking boards to disclose the sexuality, age and ethnicity of directors risks encroaching on their privacy and could make them a target for activists, leading directors warn.
June 2023
Forget Lower Manhattan, Bangalore is the new hub for global banks
ANZ has more staff in the Indian city than at its Docklands headquarters. Its competitors are there in force, as are the world’s biggest players in finance.
‘You can’t not be here’: Inside ANZ’s India opportunity
ANZ chairman Paul O’Sullivan and CEO Shayne Elliott say that after many false dawns, the Indian reward for Australian businesses is real this time.
April 2023
Boards warn of further shocks to financial markets
Leading company directors are stress testing business models, imposing strict cost controls, tightening health checks on customers and suppliers, and meeting daily amid rising interest rates, the collapse of offshore banks and geopolitical tensions.
December 2022
Climate group accuses ANZ chairman of misleading AGM
Market Forces founder Julien Vincent accused ANZ’s Paul O’Sullivan of making a misleading statement in opening remarks to the bank’s annual meeting.
ANZ chairman Paul O’Sullivan in renovation rescue
The bank’s new platform ANZ Plus is a fixer-upper like no other.
November 2022
What the data breach taught the Optus boss (who still backs his CEO)
The telco had to rebuild its entire 10 million customer database to find out what had been stolen, which holds lessons for others, says Paul O’Sullivan.
July 2022
Shayne Elliott, top gun actor
Around the market, people tend to like the ANZ CEO. That’s because he tells them what they want to hear.
June 2022
The best advice the ANZ chairman has been given
Paul O’Sullivan, who chairs the bank and Optus, says the need to follow the customer has been his top tip. He answers our Q&A.
May 2022
When people look at ANZ Plus, they don’t see whole picture: chairman
Paul O’Sullivan is concerned the extent of the transformation program is not well understood.
March 2022
ANZ Plus in wretched debut
The bank’s new app went live on Wednesday with functionality not so much rudimentary as non-existent.
February 2022
ANZ’s Shayne Elliott plans to stick around
ANZ chief executive has told his direct reports he’s not retiring “any time soon”.
January 2022
ANZ readying for change at the top in 2022
ANZ chairman Paul O’Sullivan may decide later this year who will receive the leadership baton from Shayne Elliott, who has set the bank up for success.
December 2021
ANZ admits ‘we got it wrong’ on home loans
Chairman urges patience and says home loan growth will be back in line with system growth by the second half of fiscal 2022.
September 2021
Saving the world for a profit lures Australian Ethical to CSIRO VC fund
The superannuation and investment manager has become a major investor in Main Sequence, which makes and backs companies trying to fix big global problems.
May 2021
ANZ boss on growth, succession
ANZ CEO Shayne Elliott is eyeing growth opportunities in the payments space and remaking the technology that underpins the bank’s residential mortgages business.