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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.

Summary by 9News
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…

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Bloomberg broke the news in United States on Wednesday, February 11, 2026.
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