Murray Olds: Australian correspondent on ANZ Australia confirming they plan to cut thousands of jobs - Heather du Plessis-Allan Drive

ANZ's Australian parent recently announced a significant restructure, which would see about 3500 employees losing their jobs by September 2026.

ANZ Group said it would also reduce engagements with consultants and other third parties as part of the restructure.

Australian correspondent Murray Olds explained the impact of the restructure.

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