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Union slams ANZ over job cuts
Finance Sector Union (FSU) condemned ANZ’s decision to axe 66 jobs across multiple Suncorp bank divisions, including business banking and home lending.
ANZ confirmed that 197 roles at Suncorp Bank will be impacted by its changes, with 66 workers expecting to lose their jobs, with the majority of these roles being based in Brisbane.
In September statement last year, ANZ said that approximately 3,500 employees would “depart” the group by September 2026.
ANZ had made a number of commitments to the Queensland and federal governments – this included no net job losses in Australia as a direct result of the acquisition for a three-year period – concluding mid-2027.
ANZ (ANZ.AX) Stock; Drops as Aussie Banks Slide Ahead of Jobs Data
TLDRs; ANZ shares fall 1.15% as Australian banks retreat, investors focus on upcoming jobs and inflation reports. All four major lenders decline amid rate uncertainty and trade concerns weighing on financial stocks. Markets await Jan 22 labour data and Jan 28 CPI figures to gauge RBA interest rate moves. Analysts warn volatility may persist, with […] The post ANZ (ANZ.AX) Stock;…
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WARREN, DURBIN PRESS AG BONDI AND DIRECTOR PULTE TO PRESERVE AND HAND OVER RECORDS RELATED TO EFFORTS TO INFLUENCE AND INTIMIDATE MEMBERS OF THE FEDERAL RESERVE
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