ANZ posts $1.94b quarterly profit, days after charging staff for sausage sizzle
ANZ's quarterly cash profit rose 17%, driven by cost cuts and revenue growth, despite plans to cut about 3,500 jobs as part of its ANZ 2030 productivity program.
10 Articles
10 Articles
ANZ posts $1.94b quarterly profit, days after charging staff for sausage sizzle
ANZ has posted a better-than-expected quarterly profit, just days after it charged staff $10 for a sausage sizzle to welcome them back to the office.The big-four bank's cash profit for the quarter ending December 31 jumped by six per cent to $1.94 billion, partly driven by the thousands of redundancies announced last year.The bank flagged its profits had been buoyed by slashing operating expenses after 3500 people – around 10 per cent of the bus…
PEAK ASSET: ARVO WRAP 12 February: ASX rallies as ANZ soars 8pc; tech stocks extend losses | CSL tumbles 6pc as brokers downgrade the biotech | Middle Island Resources Uncovers Large-Scale Silver-Lead-Zinc-Antimony Targets at Tisovik, Serbia | - Opening P
12 February, 2026 Ever wonder how billionaires are planning to invest? Check out the pic of the day below! Across Markets… The Australian sharemarket climbed for a second day on Thursday as ANZ delivered its best session in nearly six years after reporting a $1.94 billion first-quarter cash profit that smashed market expectations. The S&P/ASX 200 Index finished up 28.7 points, or 0.3 per cent, to 9043.5 after briefly climbing above its record c…
Why ANZ, CBA, Northern Star, and Origin Energy shares are charging higher today
The S&P/ASX 200 Index (ASX: XJO) is having another strong session on Thursday. In afternoon trade, the benchmark index is up 0.5% to 9,061.8 points. Four ASX shares that are rising more than most today are listed below. Here's why they are charging higher: ANZ Group Holdings Ltd (ASX: ANZ) The ANZ share price is up 8% to $40.41. Investors have been fighting to get hold of the banking giant's shares following the release of its quarterly update…
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