Market waits for ANZ to report - 2003-10-19
With ANZ less than two weeks away from a decision about whether to acquire National Bank of New Zealand, investors will want to get further details about the deal's progress when the bank reports annual results on Friday.
For 2004, estimates are that ANZ will earn between $2.32 billion and $2.58 billion, reflecting the winding down of the Australian mortgage market and the expected effect of the Reserve Bank's credit card reforms, to be introduced on November 1.
Read the full story at Melbourne Age