DOCSLIB.ORG

2011 Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2011 Annual Report Strength. Momentum. Connectivity. 2011 ANNUAL REPORT BUILDING A BANK OF GLOBAL QUALITY WITH A REGIONAL FOCUS WHO WE ARE AND WHERE WE OPERATE OUR PROGRESS AANZ‘sNZ‘s historyhistory ofof expansionexpansion andand growthgrowth stretchesstretches overover 117575 yyears.ears. AANZNZ iiss tthehe oonlynly AAustralianustralian bbankank wwithith a cclearlylearly aarticulatedrticulated sstrategytrategy ttoo WWee hhaveave a sstrongtrong ffranchiseranchise iinn RRetail,etail, CommercialCommercial andand InstitutionalInstitutional ttakeake aadvantagedvantage ooff AAustraliaustralia aandnd NNewew Zealand’sZealand’s geographic,geographic, businessbusiness bbankinganking iinn oourur hhomeome mmarketsarkets ooff AAustraliaustralia aandnd NNewew ZealandZealand andand wewe aandnd cculturalultural linkageslinkages withwith Asia,Asia, thethe fastestfastest growinggrowing regionregion inin thethe world.world. hhaveave bbeeneen ooperatingperating inin AsiaAsia PPacifiacifi c cf oforr m omorere t hthanan 3 300 y eyears.ars. WWee hhaveave mmadeade ssignifiignifi c acantnt p rprogressogress i nin d edeliveringlivering o uourr s tstrategyrategy s sinceince TToday,oday, AANZNZ ooperatesperates iinn 3322 mmarketsarkets gglobally.lobally. WWee aarere tthehe tthirdhird llargestargest 22007007 aandnd ttodayoday ourour AsiaAsia PacifiPacifi cc,, EEuropeurope && AAmericamerica bbusinessusiness rrepresentsepresents bbankank iinn AAustralia,ustralia, tthehe llargestargest bbankinganking ggrouproup iinn NNewew ZealandZealand andand thethe 113%3% ooff GGrouproup profiprofi tt uupp ffromrom 7 7%% iinn 22007.007. PPacifiacifi c ,c, a nandd amamongong tthehe totopp 5 050 b abanksnks iinn t thehe woworld.rld. WWee hhaveave eestablishedstablished a leadershipleadership tteameam ooff iinternationalnternational bankersbankers wwithith a bbreadthreadth ooff eexperiencexperience aandnd a rrangeange ooff ccapabilitiesapabilities ttoo ggrowrow iinn OUR SUPER REGIONAL STRATEGY bbothoth oourur ddevelopedeveloped homehome marketsmarkets andand inin thethe emergingemerging mmarketsarkets ooff WWee aarticulatedrticulated oourur supersuper regionalregional strategystrategy inin latelate 2007.2007. TheThe rrationaleationale AAsia.sia. WWee ccreatedreated a nnewew businessbusiness structurestructure inin latelate 22008008 ffocusedocused oonn oourur bbehindehind oourur sstrategytrategy iiss ssimpleimple – ttoo ddelivereliver sshareholdershareholders llong-termong-term ccustomersustomers aandnd ccoreore ggeographieseographies ssupportedupported bbyy sstrongertronger ggovernanceovernance ggrowthrowth aandnd ddiffiff eerentiatedrentiated rreturnseturns tthroughhrough cconnectivityonnectivity wwithith thethe aandnd rriskisk ccontrolsontrols ssuiteduited ttoo oourur aaspirations.spirations. ggrowthrowth mmarketsarkets ooff AAsiasia – rreturnseturns wwee ddoo nnotot bbelieveelieve ttoo bbee aavailablevailable WWee hhaveave ccompletedompleted a nnumberumber ofof strategicstrategic aacquisitionscquisitions iinn AAsia,sia, tthroughhrough a ddomestic-onlyomestic-only sstrategy.trategy. AAustraliaustralia aandnd NNewew ZealandZealand whichwhich provideprovide uuss wwithith aann eenhancednhanced OOurur aaspirationspiration isis forfor AsiaAsia PacifiPacifi cc,, EuEuroperope & &A mAmericaerica s osourcedurced r erevenuesvenues toto nnetwork,etwork, bbroaderroader pproductroduct ccapabilitiesapabilities aandnd moremore ccustomerustomer ddriverive betweenbetween 2525 andand 30%30% ofof GroupGroup earningsearnings byby tthehe eendnd ooff 22017.017. rrelationshipselationships acrossacross tthosehose threethree ccoreore ggeographies.eographies. CConnectivityonnectivity isis atat thethe heartheart ofof ANZ’sANZ’s strategystrategy byby bbeingeing ppartart ooff tthehe AANZ’sNZ’s sstrategytrategy andand ourour fi nnancialancial sstrengthtrength pprovidesrovides uuss wwithith tthehe ggrowthrowth wwithinithin AAsiasia aandnd ssupportingupporting tthehe iincreasingncreasing ttrade,rade, iinvestmentnvestment oopportunitypportunity ttoo ccontinueontinue eexpandingxpanding tthehe ssupportupport wwee pproviderovide ttoo aandnd ppeopleeople linkslinks betweenbetween AsiaAsia andand ourour majormajor domesticdomestic marketsmarkets ccustomers,ustomers, ddrivingriving ssuperioruperior llong-termong-term ggrowthrowth aandnd ddiffiff eerentiatedrentiated iinn Australia,Australia, NNewew ZealandZealand andand thethe PacifiPacifi cc.. TThishis iiss rreflefl e cectedted i nin t hthee rreturns,eturns, aandnd ccreatingreating vvaluealue forfor ourour sshareholdershareholders andand thethe communitiescommunities aaspirationspiration wwithinithin oourur IInstitutionalnstitutional bbankinganking bbusinessusiness ttoo bbuilduild tthehe wwee wworkork iin.n. wworld’sorld’s bestbest bankbank forfor customerscustomers drivendriven byby ttraderade andand capitalcapital fl owowss iinn thethe AAsiasia PPacifiacifi c cr region,egion, pparticularlyarticularly i nin r eresources,sources, a gagribusinessribusiness aandnd iinfrastructure.nfrastructure. HHavingaving ggrownrown oourur AAsiasia PPacifiacifi c cb ubusinesssiness s isignifignifi ca ncantlytly si nsincece 20 02007,7, A NANZZ i sis nnowow wworkingorking ttoo rrealiseealise tthehe ffullull ppotentialotential ooff tthehe ssuperuper rregionalegional sstrategytrategy bbyy eexpandingxpanding oourur ggeographiceographic ffootprintootprint wwhilehile mmaintainingaintaining ourour strongstrong ddomesticomestic ffranchises,ranchises, iincreasingncreasing oourur mmanagementanagement bbenchench sstrength,trength, aandnd ccontinuingontinuing ttoo ffocusocus oonn sstrongtrong rriskisk pprocessesrocesses iinn oorderrder ttoo bbuilduild a bbalancedalanced eexposurexposure ttoo AAsia.sia. AAtt tthehe ssameame ttime,ime, wwee aarere ccontinuingontinuing ttoo iinvestnvest iinn oourur iinternationalnternational ttechnologyechnology andand operationsoperations hubshubs toto ssupportupport pproductivityroductivity ggainsains aacrosscross aallll oourur bbusinesses.usinesses. WWithith thethe structuralstructural shiftshift inin thethe worldworld economyeconomy asas economiceconomic growthgrowth sshiftshifts ffromrom tthehe WWestest ttoo tthehe EEast,ast, wwee bbelieveelieve wewe areare inin thethe rightright partpart ooff tthehe wworld,orld, withwith tthehe rightright strategy,strategy, aatt tthehe rrightight ttime.ime. Directors’ Report 1 2 ANZ Annual Report 2011 CONTENTS SECTION 1 SECTION 3 Financial Highlights 5 Financial Statements 86 Chairman’s Report 6 Notes to the Financial Statements 92 Chief Executive Offi cer’s Report 8 Directors’ Declaration 209 Directors’ Report 10 Independent Auditor’s Report 210 Remuneration Report 15 SECTION 4 Corporate Governance Statement 46 Financial Information 212 SECTION 2 Shareholder Information 220 Review of Operations 65 Glossary of Financial Terms 225 Principal Risks and Uncertainties 76 Alphabetical Index 228 Five Year Summary 84 ANZ Annual Report 2011 3 Financial Highlights 5 Chairman’s Report 6 Chief Executive Offi cer’s Report 8 Directors’ Report 10 Remuneration Report 15 Corporate Governance Statement 46 4 ANZ Annual Report 2011 Financial Highlights 2011 2010 Profi tability Profi t attributable to shareholders of the Company ($m) 5,355 4,501 Underlying profi t1 ($m) 5,652 5,025 Return on: Average ordinary shareholders’ equity2 15.3% 13.9% AAverageverage oordinaryrdinary sshareholders’hareholders’ eequityquity ((underlyingunderlying pprofirofi t basis)basis)11,2,2 116.2%6.2% 115.5%5.5% Average assets 0.95% 0.86% Total income 14.9% 14.3% Net interest margin 2.46% 2.47% Net interest margin (excluding Global Markets) 2.81% 2.74% Underlying profi t per average FTE ($)1 120,204 116,999 Effi ciency ratios Operating expenses to operating income 47.4% 46.5% Operating expenses to average assets 1.42% 1.39% Operating expenses to operating income (underlying)1 445.9%5.9% 444.2%4.2% Operating expenses to average assets (underlying)1 11.37%.37% 11.33%.33% Credit impairment provisioning Collective provision charge ($m) 7(4) Individual provision charge ($m) 1,230 1,791 Total provision charge ($m) 1,237 1,787 Individual provision charge as a % of average net advances 0.32% 0.51% Total provision charge as a % of average net advances 0.32% 0.50% Ordinary share dividends (cents) Interim – 100% franked (Mar 2010: 100% franked) 64 52 Final – 100% franked (Sep 2010: 100% franked) 76 74 Total dividend 140 126 Ordinary share dividend payout ratio3 68.5% 71.6% Underlying ordinary share dividend payout ratio3 64.9% 64.1% Preference share dividend ($m) Dividend paid4 12 11 1 Profit has been adjusted to exclude non-core items to arrive at underlying profit, the result for the ongoing business activities of the Group. These adjustments have been determined on a consistent basis with those made in prior periods. The adjustments made in arriving at underlying earnings are included in statutory profit, and are therefore subject to audit within the context of the Group statutory audit opinion. The external auditor has informed the Audit Committee that the adjustments are based on the guidelines released by the Australian Institute of Company Directors (AICD) and the Financial Services Institute of Australia (FINSIA), and consistent with prior period adjustments. 2 Average ordinary shareholders’ equity excludes non-controlling interests and preference shares. 3 The 2011 dividend payout ratio is calculated using the March 2011 interim and the proposed September 2011 final dividend. The 2010 dividend payout ratio is calculated using the March 2010 interim and September 2010 dividend.
Load more

Recommended publications
  • Australia and New Zealand Banking Group Limited ANZ National Bank
    Level: 3 – From: 3 – Tuesday, July 21, 2009 – 08:22 – eprint6 – 4135 Intro Australia and New Zealand Banking Group Limited Australian Business Number 11 005 357 522 (Incorporated with limited liability in Australia and registered in the State of Victoria) as Issuer ANZ National Bank Limited (incorporated with limited liability in New Zealand) as Issuer and Guarantor of Notes issued by ANZ National (Int’l) Limited ANZ National (Int’l) Limited (incorporated with limited liability in New Zealand) as Issuer US$60,000,000,000 Euro Medium Term Note Programme Under the Euro Medium Term Note Programme described in this Base Prospectus (the “Programme”), Australia and New Zealand Banking Group Limited (“ANZBGL”), ANZ National Bank Limited (“ANZNBL”) and ANZ National (Int’l) Limited (“ANZNIL”) (each an “Issuer” and together the “Issuers”), subject to compliance with all relevant laws, regulations and directives, may from time to time issue euro medium term notes (the ‘’Notes”). The payment of all amounts due in respect of any Notes issued by ANZNIL will be unconditionally and irrevocably guaranteed by ANZNBL (the “Guarantor”). The Notes issued by ANZNBL or ANZNIL are not guaranteed by ANZBGL. Unsubordinated Notes (as defined below) issued by ANZBGL may have the benefit of a guarantee provided by the Commonwealth of Australia (the “Commonwealth”, and such Notes being “Commonwealth Guaranteed Notes”). Notes issued by ANZNBL or ANZNIL may have the benefit of a guarantee provided by Her Majesty the Queen in right of New Zealand acting by and through the Minister of Finance (the “Crown”, and such Notes being “Crown Guaranteed Notes“).
    [Show full text]
  • 2015 Annual Report
    ANZ ANNUAL REPORT 2015 2015 ANNUAL REPORT For personal use only ANZ IS EXECUTING A FOCUSED STRATEGY TO BUILD THE BEST CONNECTED, MOST RESPECTED BANK ACROSS THE ASIA PACIFIC REGION For personal use only This Annual Report (Report) has been prepared for Australia and New Zealand Banking Group Limited (“the Company”) together with its subsidiaries which are variously described as: ”ANZ”, “Group”, “ANZ Group”, “the Bank”, “us”, “we” or “our”. Thanks to the ANZ staff who volunteered for the cover photoshoot. They were: Ying Ho, Kate Hu, Natasha Nash, Shehani Noakes, Didar Singh, Chris Slade, Toby Warren. Australia and New Zealand Banking Group Limited ABN 11 005 357 522. II ANZ ANNUAL REPORT 2015 WHO WE ARE AND HOW WE OPERATE ANZ’s history of expansion and growth stretches over 180 years. We have a strong franchise in Retail, Commercial and Institutional banking in our home markets of Australia and New Zealand and we have been operating in Asia Pacific for more than 30 years. Today, ANZ operates in 34 countries globally. We are the fourth largest bank in Australia, the largest banking group in New Zealand and the Pacific, and among the top 20 banks in the world. ANZ is building the best connected, most respected bank } ANZ’s in-house regional delivery network is a source across the Asia Pacific region, to help deliver prosperity of ongoing competitive advantage for ANZ. The network for our customers and the communities in which they live, is enabling the transformation of key business activities and develop our people, and to provide shareholders sustainable delivery of productivity improvements while driving a more earnings growth.
    [Show full text]
  • Right Place Right Time 2012 Annual Report
    2012 ANNUAL REPORT RIGHT PLACE RIGHT TIME OUR SUPER REGIONAL STRATEGY PUTS ANZ IN THE RIGHT PLACE AT THE RIGHT TIME OUR PEOPLE AND UNIQUE STRATEGY ARE THE KEYS TO OUR SUCCESS ANZ IS EXECUTING A FOCUSED STRATEGY TO BUILD THE BEST CONNECTED, MOST RESPECTED BANK ACROSS THE ASIA PACIFIC REGION. WHO WE ARE AND HOW WE OPERATE ANZ’s history of expansion and growth stretches over 175 years. We have a strong franchise in Retail, Commercial and Institutional banking in our home markets of Australia and New Zealand and we have been operating in Asia Paci c for more than 30 years. Today, ANZ operates in 32 markets globally. We are the third largest bank in Australia, the largest banking group in New Zealand and the Paci c, and among the top 20 banks in the world. Res pon P nd for si u OUR SUPER a ou bl r n ed k r c e p o t an pe u gr i ec b op st o o REGIONAL STRATEGY s n d n le om w i n te io a th s o c eg n e V c e r d rs a e t p r c , n s s u o sh d » Strengthening our business in e e o m b r s a p t s m r r e s o e o Australia, New Zealand and the r u h s h o n T c o p m a i t ld e Paci c, while establishing a signi cant ie r e i s r t s y presence in key markets in Asia.
    [Show full text]
  • 2017 Annual Report Anz 2017 Annual Report
    2017 ANNUAL REPORT ANZ 2017 ANNUAL REPORT WE WANT OUR CUSTOMERS TO VALUE US AND THE COMMUNITY TO TRUST US. FOR THIS TO HAPPEN WE KNOW THAT THINGS NEED TO CHANGE AT ANZ. Cover story — Latrobe Valley Bus Lines Rhonda Renwick and her dedicated team at Latrobe Valley Bus Lines are rolling out new buses that are at the leading edge of transport technology in Australia. Since 2015 Latrobe Valley Bus Lines has been investing in low emission technologies which improve the efficiency and environmental impact of its buses. The newest vehicles in the fleet have been designed to dramatically reduce particulate emissions in the atmosphere. Latrobe Valley Bus Lines has been trialling new hybrid technology and will introduce eight new hybrid vehicles into the fleet over Rhonda Renwick, Managing Director the next three years. As the company focuses on its mission of helping the community, and providing the highest quality and safest service for its We are proud to be supporting a business like Latrobe Valley customers and employees, it has benefitted from its long-term Bus Lines — a Certified B Corporation — which shares our relationship with ANZ. commitment to helping communities thrive. It supports local manufacturing, is dedicated to fostering an inclusive “ANZ’s proactive team has a genuine understanding of our and safe workplace and promotes a number of grassroots business goals, providing flexibility along with competitive community organisations. banking options,” Rhonda explains. CONTENTS Our 2017 Reporting Suite 3 Our Approach to Risk Management 34 2017 Highlights 4 Remuneration Report 36 Chairman's Message 6 Directors' Report 62 CEO's Message 8 Auditor’s Independence Declaration 64 About our Business 10 Financial Report 65 Our Strategy 12 Shareholder Information 161 Our Performance 14 Glossary 169 Governance 24 Contacts 171 2 OUR 2017 REPORTING SUITE OUR 2017 REPORTING SUITE Stakeholder expectations of corporate reporting are changing and Our Corporate Governance Statement which discloses the we need to respond.
    [Show full text]
  • ANZ 2020 Annual Report
    9 November 2020 Market Announcements Office ASX Limited Level 4 20 Bridge Street SYDNEY NSW 2000 ANZ 2020 Annual Report Australia and New Zealand Banking Group Limited (ANZ) today released its 2020 Annual Report. It has been approved for distribution by ANZ’s Board of Directors. Yours faithfully Simon Pordage Company Secretary Australia and New Zealand Banking Group Limited For personal use only Australia and New Zealand Banking Group Limited ABN 11 005 357 522 ANZ Centre Melbourne, Level 9A, 833 Collins Street, Docklands VIC 3008 For personal use only 2020 ANNUAL REPORT Overview How we Performance Remuneration Directors’ Financial Shareholder create value overview report report report information CUSTOMER STORY ADAPTING Growing business An ANZ customer for more than 50 years, fellahamilton has been during a crisis in the business of Australian women’s fashion since the early 1970s. Today, the company is managed by David Hamilton (son of the eponymous founder) and his wife, Sharon Hamilton, CEO. When the COVID-19 pandemic first hit Australia in March, times were challenging. Within the first few weeks of lockdowns, dentists and hospitals. We’ve hired back they had to let go of employees at their all of our staff and have never been busier,” Moorabbin factory and retail stores says Sharon. nationally were shut. David credits the move into making PPE However, shortly after, a doctor friend of to his wife’s optimistic nature and tendency Sharon’s asked her to make a scrub set, as to ‘think outside the box’. there was a limited supply of Personal “Changing direction wasn’t easy,” says David.
    [Show full text]
  • Australia and New Zealand Banking Group Limited – New Zealand Branch Supplemental Disclosure Statement
    Australia and New Zealand Banking Group Limited – New Zealand Branch Supplemental Disclosure Statement FOR THE THREE MONTHS ENDED 31 DECEMBER 2009 | NUMBER 5 ISSUED FEBRUARY 2010 For personal use only SHAPING OUR FUTURE 2009 ANNUAL REPORT For personal use only 1 Annual Report Contents Chairman’s Report 2 Notes to the Financial Statements (continued) Chief Executive O cer’s Report 4 15 Impaired Financial Assets 105 Chief Financial O cer’s Report 6 16 Provision for Credit Impairment 105 Ten Year Summary 16 17 Shares in Controlled Entities, Associates Directors’ Report 18 and Joint Venture Entities 108 18 Tax Assets 109 Principal Activities 18 Result 18 19 Goodwill and Other Intangible Assets 110 State of A airs 18 20 Other Assets 111 Dividends 18 21 Premises and Equipment 111 Review of Operations 18 22 Deposits and Other Borrowings 113 Events since the end of the Financial Year 19 23 Income Tax Liabilities 113 Future Developments 19 24 Payables and Other Liabilities 114 Environmental Regulation 19 25 Provisions 114 Directors’ Quali cations, Experience and Special Responsibilities 20 26 Bonds and Notes 115 Company Secretaries’ Quali cations and Experience 20 27 Loan Capital 116 Non-Audit Services 20 28 Share Capital 119 Lead Auditor’s Independence Declaration 21 29 Reserves and Retained Earnings 121 Directors and O cers who were previously partners 30 Minority Interests 122 of the Auditor 21 31 Capital Management 122 Chief Executive O cer/Chief Financial O cer Declaration 21 32 Assets Charged as Security for Liabilities and Directors’ And
    [Show full text]
  • 9 November 2020 Market Announcements Office ASX Limited Level 4 20 Bridge Street SYDNEY NSW 2000 ANZ 2020 Annual Report Australi
    9 November 2020 Market Announcements Office ASX Limited Level 4 20 Bridge Street SYDNEY NSW 2000 ANZ 2020 Annual Report Australia and New Zealand Banking Group Limited (ANZ) today released its 2020 Annual Report. It has been approved for distribution by ANZ’s Board of Directors. Yours faithfully Simon Pordage Company Secretary Australia and New Zealand Banking Group Limited Australia and New Zealand Banking Group Limited ABN 11 005 357 522 ANZ Centre Melbourne, Level 9A, 833 Collins Street, Docklands VIC 3008 2020 ANNUAL REPORT Overview How we Performance Remuneration Directors’ Financial Shareholder create value overview report report report information CUSTOMER STORY ADAPTING Growing business An ANZ customer for more than 50 years, fellahamilton has been during a crisis in the business of Australian women’s fashion since the early 1970s. Today, the company is managed by David Hamilton (son of the eponymous founder) and his wife, Sharon Hamilton, CEO. When the COVID-19 pandemic first hit Australia in March, times were challenging. Within the first few weeks of lockdowns, dentists and hospitals. We’ve hired back they had to let go of employees at their all of our staff and have never been busier,” Moorabbin factory and retail stores says Sharon. nationally were shut. David credits the move into making PPE However, shortly after, a doctor friend of to his wife’s optimistic nature and tendency Sharon’s asked her to make a scrub set, as to ‘think outside the box’. there was a limited supply of Personal “Changing direction wasn’t easy,” says David. Protective Equipment (PPE). “It needed us to have intestinal fortitude and Sharon recalls the moment demand for complete dedication to what we thought their washable, hospital-grade PPE started was the right move for our business.” snowballing and a new direction for the “The road ahead is going to be tough.
    [Show full text]
  • ANZ 2015 Shareholder Review
    OUR EXPERIENCE OVER THE LAST 180 YEARS PUTS US IN A POWERFUL POSITION FROM WHICH TO EMBRACE FUTURE CHALLENGES AND OPPORTUNITIES. CONTENTS ABOUT THIS DOCUMENT 1 180 YEARS The 2015 Shareholder Review provides an overview of ANZ’s strategic direction and financial and non-financial performance for 2015. Our long-term investment 2 CONTACTS in lifting levels of financial literacy and inclusion remains our priority community & IMPORTANT DATES investment focus. 3 FINANCIAL HIGHLIGHTS All information contained within this document is for the year ended 30 September SUSTAINABILITY HIGHLIGHTS 2015 unless otherwise stated. All figures are in Australian dollars unless otherwise stated. 4 CHAIRMAN’S REPORT 5 CEO’S REPORT 6 AUSTRALIA MORE INFORMATION INTERNATIONAL & INSTITUTIONAL BANKING (IIB) General information on ANZ can be obtained from our website: anz.com. Shareholders can visit our Shareholder Centre at shareholder.anz.com. 7 NEW ZEALAND GLOBAL WEALTH ANZ Corporate Governance: For information about ANZ’s approach to Corporate Governance and to obtain copies of ANZ’s Constitution, Board/Board 8 BUILDING FINANCIAL INCLUSION Committee Charters, Shareholder Charter, Codes of Conduct and Ethics and & ECONOMIC EMPOWERMENT summaries of other ANZ policies of interest to shareholders and stakeholders, visit anz.com/governance. 9 CORPORATE SUSTAINABILITY Australia and New Zealand Banking Group Limited ABN 11 005 357 522 10 GLOBAL TECHNOLOGY, SERVICES & OPERATIONS MESSAGE FROM SHAYNE ELLIOTT This Shareholder Review (Review) has been prepared for Australia and New Zealand Banking Group Limited (“the Company”) together with its 11 5 YEAR SUMMARY subsidiaries which are variously described as: “ANZ”, “Group”, “ANZ Group”, “the Bank”, “us”, “we” or “our”.
    [Show full text]
  • News Release
    News Release For Release: 28 August 2020 Transcript of bluenotes interview with outgoing ANZ Chairman David Gonski AC Andrew Cornell: Thanks very much, David, for the opportunity to talk to you. You've announced your retirement from the ANZ Board, in effect for the second time. You've had two stints on the ANZ Board earlier this century and then for the last few years. Can you talk us through the timing of this particular one? David Gonski: Well, Andrew I think the first thing I would say is I've been on the Board now as Chairman for six and a bit years and when I go in two months to be six and a half years. And I think that's about the right period in the circumstances. But most particularly, the reason I chose now is I'm very happy with where ANZ is. I believe that we have a very talented management team now in place and I think the CEO's Shayne Elliott is outstanding. And I think the team has now got together around him - together, I might say, with the great number of people that work in the ANZ team - are very good. I think that our concept of simplifying our structures and our operations so that we can improve what we do for our customers and indeed in turn maybe improve our profits as well, is well now in place. And that management have done a great job of that. Finally, I believe that we have put good steps in place to improve our governance and particularly around matters impacting our reputation.
    [Show full text]
  • Our Experience Over the Last 180 Years Puts Us in a Powerful Position from Which to Embrace Future Challenges and Opportunities
    OUR EXPERIENCE OVER THE LAST 180 YEARS PUTS US IN A POWERFUL POSITION FROM WHICH TO EMBRACE FUTURE CHALLENGES AND OPPORTUNITIES. CONTENTS ABOUT THIS DOCUMENT 1 180 YEARS The 2015 Shareholder Review provides an overview of ANZ’s strategic direction and financial and non-financial performance for 2015. Our long-term investment 2 CONTACTS in lifting levels of financial literacy and inclusion remains our priority community & IMPORTANT DATES investment focus. 3 FINANCIAL HIGHLIGHTS All information contained within this document is for the year ended 30 September SUSTAINABILITY HIGHLIGHTS 2015 unless otherwise stated. All figures are in Australian dollars unless otherwise stated. 4 CHAIRMAN’S REPORT 5 CEO’S REPORT 6 AUSTRALIA MORE INFORMATION INTERNATIONAL & INSTITUTIONAL BANKING (IIB) General information on ANZ can be obtained from our website: anz.com. Shareholders can visit our Shareholder Centre at shareholder.anz.com. 7 NEW ZEALAND GLOBAL WEALTH ANZ Corporate Governance: For information about ANZ’s approach to Corporate Governance and to obtain copies of ANZ’s Constitution, Board/Board 8 BUILDING FINANCIAL INCLUSION Committee Charters, Shareholder Charter, Codes of Conduct and Ethics and & ECONOMIC EMPOWERMENT summaries of other ANZ policies of interest to shareholders and stakeholders, visit anz.com/governance. 9 CORPORATE SUSTAINABILITY Australia and New Zealand Banking Group Limited ABN 11 005 357 522 10 GLOBAL TECHNOLOGY, SERVICES & OPERATIONS MESSAGE FROM SHAYNE ELLIOTT This Shareholder Review (Review) has been prepared for Australia and New Zealand Banking Group Limited (“the Company”) together with its 11 5 YEAR SUMMARY subsidiaries which are variously described as: “ANZ”, “Group”, “ANZ Group”, “the Bank”, “us”, “we” or “our”.
    [Show full text]