ANZ, one of Australia's ‘big four' banks, revealed on 20 October in an official notice that its "second half 2021 Statutory and Cash profit will be impacted by two Large / Notable items", ahead of its Full Year 2021 result to be announced on Thursday 28 October. Namely, remediation charges of $113m (after tax) primarily relating to banking product reviews in the Australia Retail and Commercial division, and restructuring charges of $16m (after tax). In aggregate, the banking group said its second half 2021 Statutory and Cash profit after tax will be impacted by $129 million, equivalen...
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