Overview
- ANZ outlined after-tax charges totaling A$1.11 billion for the second half of fiscal 2025 tied to streamlining and compliance actions.
- Redundancy costs account for A$414 million after tax, and ASIC-related settlements contribute A$264 million after tax.
- ANZ will book a non-cash A$285 million post-tax impairment on its stake in PT Bank Pan Indonesia following a valuation review.
- The lender will record a A$78 million after-tax charge to wind down Cashrewards and A$68 million for accelerated integration of the recently acquired Suncorp Bank.
- The bank plans to report its second-half results on November 10.