InPrivate

Summer 2023 Edition

Welcome to the first issue of InPrivate for 2023. 

Right now we’re celebrating the 2023 Lunar New Year, the Year of the Rabbit – though it’s safe to say the economic landscape is looking more tortoise than hare, as we brace for a potential recession. Many of the issues faced by financial markets in 2022 will continue into 2023, so it’s wise to be prepared for a challenging year ahead – however, there is a ray of light on the horizon, as you’ll read in this edition. Along with our investment update for the December quarter, we’ll explore the market outlook for 2023 to see how things are shaping up.

Innovation is key to surviving (and thriving) in the digital age, you can read about some of the game-changing new features we’ve launched in ANZ Internet Banking and the goMoney app. With each new feature, ANZ goMoney feels more and more like a personal banker in your pocket. I’m excited to see what comes next as the impossible becomes possible. 

Back in the physical world: fresh off the back of a successful 2022 Aotearoa Art Fair (which only just took place in November due to COVID delays), you’ll find us soaking up the art and atmosphere at the 2023 instalment. ANZ has been Lead Partner of the Fair for the past 16 years, and it’s always a pleasure to be swept up in the vibrancy of this iconic event. Whether you’re a seasoned collector, or just starting to dip your toes in, I encourage you to come along in March and enjoy a terrific showcase of Pacific Rim art. 

Finally, I’m thrilled to share that ANZ has won Best Private Bank in New Zealand at the Global Private Banking Awards – the fifth year in a row we’ve received this accolade, which is a testament to the hard work of our dedicated team. I’m proud that we were recognised for our commitment to responsible investing, our support for emerging clients, and providing an uninterrupted service during 2021’s COVID-19 lockdown. 

Of course, it’s your continued support of ANZ Private that’s the ultimate barometer of our success. I hope we can continue to meet – and exceed – your expectations in 2023. Wishing you a happy, safe season, and all the best for the Year of the Rabbit.

Glenn Stevenson
General Manager, ANZ Private

Articles from this edition

Important information

This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 500 588, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see anz.co.nz/fapdisclosure

This material is prepared based on information and sources ANZ Bank New Zealand Limited (‘the Bank’) believes to be reliable. Its content is subject to change and is not a substitute for commercial judgement or professional advice. To the extent permitted by law the Bank disclaims liability or responsibility to any person for any direct or indirect loss or damage that may result from any act or omission by any person in relation to this material. Past performance does not indicate future performance. The actual performance any given investor realises will depend on many things, is not guaranteed, and may be negative as well as positive.