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AAP
AAP
Business
Andrew Brown

No cost to taxpayers from bond scandal: ANZ head

Matt Comyn ANZ Commonwealth Bank Peter King Westpac
An ANZ government bond trading scandal has not cost taxpayers, the bank's head has told an inquiry. (Esther Linder/AAP PHOTOS)

Taxpayers have not been slugged following misconduct by ANZ employees, the bank's head says.

ANZ chief executive Shayne Elliott has told a parliamentary inquiry into the big four banks there would be consequences across the company for misconduct, including possible pay cuts.

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