Original article by James Eyers
The Australian Financial Review – Page: 17 : 17-Sep-25

The ANZ Bank’s share price fell by just 0.6 per cent on Tuesday, despite growing scrutiny over the lender in the wake of a recorded $240m financial penalty for misconduct. Montgomery Investment Management’s chairman Roger Montgomery says investors are betting that the strategy of ANZ’s relatively new CEO Nuno Matos will succeed in closing the valuation gap with its peers. Jon Mott from Barrenjoey in turn says Matos has a clear mandate to implement his turnaround strategy.

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AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, MONTGOMERY INVESTMENT MANAGEMENT PTY LTD, BARRENJOEY CAPITAL PARTNERS PTY LTD