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ANZ Group announces a A$2 billion buyback despite lower cash earnings in the first half of the year. The bank's CEO highlights the creation of a 'fortress' balance sheet and a A$4.9 billion Suncorp takeover. ANZ Bank's cash profit falls seven percent to about $3.6 billion due to increased competition in the retail banking market.







Mixed half-year result for ANZ https://t.co/s8Z4tpmtzt
ANZ Bank's cash profit slumped seven per cent in the half year to about $3.6 billion due to increased competition in the retail banking market. https://t.co/7iCyXO1DGh
Housing challenging but $2bn ANZ share buyback on way https://t.co/481wN00ySE