MARKETS SPECTATOR: Lauding ANZ's tech spend

The early stages of ANZ's $1.5 billion of capex expenditure on its technology and telecommunication portals is already working wonders.

ANZ Banking Group’s five-year $1.5 billion worth of spending to upgrade and improve the bank’s technology and telecommunication portals for business is already paying off, says Philip Chronican, chief executive of ANZ in Australia.


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