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ASX:ANZ.AX 13 January 2026 - 8 February 2026

ANZ share price dips after Suncorp job cuts row as rate bets build into CPI week

ANZ share price dips after Suncorp job cuts row as rate bets build into CPI week

ANZ Group Holdings Ltd shares slipped 0.5% on Friday, closing at A$36.21 as investors digested news of a new dispute over job cuts linked to the Suncorp Bank integration. The Finance Sector Union of Australia reported that 197 roles were impacted, with 66 staff expected to lose their jobs, primarily in Brisbane. Union president Wendy Streets said the union has “not seen the evidence” supporting ANZ’s claim that it is honoring its commitments. ANZ, for its part, maintained it was “firmly committed” to the promises made when acquiring Suncorp’s banking operations.
24 January 2026
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