Investor Presentaiton

Regulatory landscape Capital Funding Other Leverage ratio Level 3 capital adequacy "Conglomerates" Basel Standardised and floors Total Loss Absorbing Capacity (TLAC) Liquidity Coverage Ratio Net Stable Funding Ratio Financial System Inquiry Status • APRA draft standard Sep 2014 No minimum currently specified, BCBS 3% APRA draft Level 3 standards Aug 2014 Finalisation and implementation deferred until Financial System Inquiry recommendations considered by government/APRA BCBS consultation papers released Dec 2014 propose changes to Standardised risk weights, introduction of Advanced approach capital floors Financial Stability Board proposal released Nov 2014 details minimum TLAC requirements for G-SIBS • Full implementation from Jan 2015 Disclosure timetable to be determined by APRA • BCBS standard Jan 2014 APRA standard yet to be finalised, expected implementation 2018 Key recommendations to government: • Set standards such that Australian ADI capital ratios are unquestionably strong Raise Advanced IRB mortgage risk weights to narrow difference with Standardised approach Implement loss absorption and recapitalisation framework in-line with international practice Introduce Basel framework leverage ratio Final round consultation closed 31 March 2015 ANZ's position Leverage ratio 4.5-5.5% at 1H15 depending on final calibration No material impact expected based on current draft standards ANZ has participated in BCBS QIS. Impact of any changes subject to final BCBS calibration and APRA implementation. Proposal currently does not apply to D-SIBS. If applied to ANZ, wide range of outcomes depending on calibration including basis for measuring capital base, D-SIB minimum etc Full compliance at 1H15 (LCR 119%) Do not expect NSFR to require any material change to balance sheet composition Refer to ANZ's submission on the Final Report of the Financial System Inquiry published 1 April 2015 ANZ 33

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