The division's revenue rose by 10% year-on-year, reflecting disciplined margin management and a strategic focus on specialist segments. Net Loans & Advances grew by 6%, underscoring ANZ's commitment to supporting key industries within Australia.

Deposit growth of 2% was noted, following two years of unprecedented government support that had previously elevated deposit levels across the sector. This steady growth indicates a stabilizing financial environment and ANZ's effective management of its commercial banking operations.

ANZ's performance in these areas highlights the bank's strategic focus on sectors with strong growth potential and its ability to adapt to changing market conditions. By concentrating on agribusiness and health, ANZ demonstrates its commitment to supporting industries vital to Australia's economy.