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Simplicity calls for inquiry into ANZ after near $2 billion profit

Author
Newstalk ZB,
Publish Date
Fri, 29 Oct 2021, 7:19pm
Photo / File
Photo / File

Simplicity calls for inquiry into ANZ after near $2 billion profit

Author
Newstalk ZB,
Publish Date
Fri, 29 Oct 2021, 7:19pm

There are calls for a banking inquiry after ANZ posted a near $2 billion profit.

It’s up 44 per cent on the previous year.

Simplicity founder Sam Stubbs says it’s being driven by lending less to businesses and more in home loans, claiming the bank is milking us.

Sam Stubbs joined Heather du Plessis-Allan.

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