The Distillery: ANZ's Asian edge

Jotters laud ANZ’s Asian pursuit despite resistance from critics, and one sees good news continuing for the big four.

A record share price and a record profit had ANZ Bank firmly in the spotlight yesterday. The member of the big four has been roundly criticised for chasing growth in Asia in recent times, but yesterday’s startling result provided at least partial vindication for the move, according to the commentariat. But what does it mean for its largest local rivals?

Elsewhere, the ferocious fight for Warrnambool Cheese and Butter is turned on its head by the intervention of Kirin Holdings, according to one jotter, while a speech from Reserve Bank governor Glenn Stevens has scribes in a frenzy.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles