ANZ shareholders reject executive pay plan for second year in a row

The Guardian - World NewsCenter-LeftEN 1 min read 100% complete by Jonathan Barrett Business editorDecember 18, 2025 at 01:58 AM

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ANZ shareholders rejected the bank's executive pay plan for the second consecutive year at the annual general meeting in Sydney on Thursday. Over 32% of shareholder votes opposed the executive pay report. The rejection follows a year in which ANZ faced a record $240 million fine from the corporate regulator for widespread misconduct. These breaches included failing to refund fees to deceased customers and other issues that impacted tens of thousands of customers and put public funds at risk. The shareholder vote reflects ongoing dissatisfaction with the bank's handling of regulatory compliance and its impact on customers.

Key Entities & Roles

Key Player Opposition Context

Sydney 50% ANZ ×480%

Keywords

executive pay 100% regulatory breaches 80% shareholder votes 70% financial regulator 60% penalties 60% annual general meeting 50% misconduct 50% customer refunds 40%