ANZ CEO says decreased profit down to 'competitive' banking market
ANZ New Zealand has posted a $2.4 billion net profit - sliding from a record $2.5 billion the year before.
The Australian bank's released its financial results to September.
Chief executive Ben Kelleher says these results reflect a tricky economic environment and increased competition in the banking sector.
LISTEN ABOVE
Take your Radio, Podcasts and Music with you