ANZ reaches its tipping point

It was ANZ’s Australian retail business that shone in the latest results, but its Asian diversification model is increasingly persuasive and is catching on with its three main rivals.

The second cab off the bank rank to release profits, ANZ at least partially answered its critics with a peer-beating 7 per cent rise in top line income to $19.6 billion, making it the top revenue-growth bank stock within the sector.


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