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ANZ to contest legal action over Elliott’s $13.5m bonus

The big four bank has said it will defend against legal action from former chief executive Shayne Elliott, who was recently stripped of $13.5 million in bonuses. ANZ noted on 12 December that its former CEO Shayne Elliott had commenced legal action in the NSW Supreme Court regarding remuneration outcomes for the 2025 financial year.  Elliott, who left the bank in May after a nearly...

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