ANZ 2023 Half Year Results slide image

ANZ 2023 Half Year Results

ANZ 2023 Half Year Results THE WORLD IS BEING SHAPED BY MAJOR TRENDS Major trends Challenges arising . Greater demands on government, more government debt • • Resilient corporate balance sheets • Heightened community expectations of business and government Government fiscal prioritisation Changing political structures • Funding requirements (energy transition, infrastructure, defense) • More complex domestic and global politics . Advances in technology and the advent of Al • Competition for resources keeping asset prices and inflation high • Rapid changes to workforce composition . Acceleration of climate change, biodiversity and sustainability • Intergenerational wealth transfers • Ageing population Housing affordability • Higher interest rates for longer • Hyper connectivity leads to faster and amplified reactions to events 16
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