ANZ boasts 14 per cent half-year cash profit increase after CEO Nuno Matos cut 3500 jobs
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ANZ boasts 14 per cent half-year cash profit increase after CEO Nuno Matos cut 3500 jobs

May 1, 2026
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Posted 2 hours ago by

ANZ’s new cost-cutting chief executive has boasted that simplifying its banking business is paying off with a much stronger half-year profit following mass retrenchments during a time of global uncertainty.

ANZ boasts 14 per cent half-year cash profit increase after CEO Nuno Matos cut 3500 jobs
The West Australian
The West Australian

Coverage and analysis from Australia. All insights are generated by our AI narrative analysis engine.

Australia
Bias: lean right

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