ANZ 2022 Full Year Debt Investor Presentation
ANZ 2022 Full Year Debt Investor Presentation
RUN THE BANK EXPENSE UPLIFT OFFSET BY PRODUCTIVITY ACTIONS
CASH CONTINUING EXCLUDING LARGE / NOTABLE ITEMS (FX ADJUSTED)
Half on half 1$m
Full Year run the bank expense uplift and productivity outcomes¹, $m
289
Run the bank expenses
broadly flat, in line with
3Q22 trading update
164
guidance
3,657
3,672
1H22
2H22
BAU (Run the bank)
1.
Excludes investment spend and Cash Rewards
Expense uplift
Inflationary pressures
Salary and wages (tight labour market and attracting talent), software and rent
Volume related spend
100
25
FY22 vs FY21
Home loan growth, Commercial banking and back-office processing
Other
-261
-64
-71
-97
-29
FY22 vs FY21
+
Productivity, with examples
Changes to coverage models and distribution channels
•
20% reduction in over-the-counter transactions in Australia this year
Back and middle office automation & simplification
.
Digitised >4.5m Retail customer communications, delivering simpler and faster customer experiences
Technology modernisation
31% of apps now on Cloud resulting in improved resilience, more efficient software spend and
better capacity management
← Property & enablement
•
20% reduction in our own corporate footprint in Australia
19View entire presentation