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ANZ Bank

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ANZ’s chair and board are facing an AGM showdown, with proxy votes signalling a possible second strike and renewed scrutiny on fees, accountability and performance.


As we barrel towards the the end of the year, this week's lively happenings — from an expenses scandal to a Big Law breakup — showed that 2025 has some life in it yet.







Newsletter The Edition

DEI hard

Today's stories on ANZ and Culture Amp show how the mood is shifting in the corporate world as companies pull back on purpose-led agendas.


Nuno Matos' reshaping of ANZ continues with the exit of climate chief Gerard Brown and looming ESG cuts, adding to unease across the bank’s ranks.





ANZ’s brutal self-assessment lays bare a culture long resistant to challenge, with CEO Nuno Matos now pushing a hard reset on risk, leadership and accountability.



CBA’s golden share price run has faltered while ANZ, after years in the wilderness, is showing early signs of revival under Nuno Matos’ ruthless reset.



ANZ boss Nuno Matos faces the ghosts of the bank's past missteps as he slashes costs and works to rebuild growth after a bruising year.




ANZ boss Nuno Matos is "not playing games", as he made clear during a confident, cost-focused strategy update today. For now, it seems the market is buying it.


Ahead of the bank's strategy day, there was a big question mark over its tech platform ANZ Plus. But CEO Nuno Matos says the plan is "the right one".





The Nuno Matos turnaround story at ANZ is beginning to unfold. The question is whether investors will believe it.






ANZ has again hired the consultant that issued positive reports on its risk culture at the same time the bank was embroiled in the bond trading scandal.



ASIC chair Joe Longo had one word for ANZ’s behaviour: grubby. Even with $240 million in penalties, it’s clear the regulator isn’t convinced the bank has learned its lesson.


ASIC has hit ANZ with a record $240 milion penalty over bond trading and retail missteps, as it pushes ahead with a restructure and 4,500 job cuts.



A stray Reddit post led Capital Brief to an ANZ scoop that grew much bigger. It's a reminder of how and where stories can snowball in today’s jittery job market.






Newsletter The Edition

Nuno mercy

Unfazed and rehearsed, new ANZ boss Nuno Matos faced tough questions in Sydney after the bank confirmed 3,500 permanent job cuts, a decision that has sparked backlash.


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