As ANZ duped customers and ignored hardship notices, the bank’s bosses raked in $26m in bonuses

While the bank’s then chief executive, Shayne Elliott, gave up a long-term bonus of $3.2m last year, ANZ has awarded more than $26m to executives over a three-year-period. Composite: AAP

The bank charged fees on dead people’s accounts, ignored hardship notices and misled customers. But over those same three years, ANZ bosses were awarded more than $26m in bonuses.

Now, shareholder proxy firms are waiting until December to see whether bonuses will be cut in response to the record $240m in fines given for ANZ’s widespread misconduct.