ANZ's New Zealand boss says the bank has no major restructure plans on this side of the Tasman. 

The Australian banking group has announced plans to axe about 3,500 in-house roles and 1000 contractors. 

Its New Zealand arm says about 20-30 mostly head-office roles might be cut here. 

But Chief Executive Antonia Watson told Kerre Woodham it's part of a normal review of efficiencies, which they do every year. 

She says times of change always generate nervousness, but they've been clear that what's driving the change in Australia isn't a factor here. 

She says staff will have a lot of empathy for their Australian colleagues who are going through a tough time at the moment. 

LISTEN ABOVE 

ANZ's New Zealand boss says the bank has no major restructure plans on this side of the Tasman.&nbsp;
The Australian banking group has announced plans to axe about 3,500 in-house roles and 1000 contractors.&nbsp;
Its New Zealand arm says about 20-30 mostly head-office roles might be cut here.&nbsp;
But Chief Executive Antonia Watson told Kerre Woodham it's part of a normal review of efficiencies, which they do every year.&nbsp;

She says times of change always generate nervousness, but they've been clear that what's driving the change in Australia isn't a factor here.&nbsp;
She says staff will have a lot of empathy for their Australian colleagues who are going through a tough time at the moment.&nbsp;
LISTEN ABOVE&nbsp;

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Kerre Woodham Mornings Podcast

Antonia Watson: ANZ New Zealand CEO on the job cuts in Australia, capital gains tax, mortgages

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3875883b-7757-4a44-bf3a-b35301895dc0/transcript

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