This policy, when combined with previous confusion related to the issue of NZ Government debt, and support from the local commercial community, resulted in the CBI ultimately being shut down.

In 1968, ANZ Bank joined Databank Systems Limited consortium to provide joint data processing services.

[8] In 1989, ANZ bought PostBank (the Post Office Savings Bank) from the New Zealand government in a privatization.

[12] The same year, David Hisco replaces outgoing Jenny Fagg as CEO ANZ New Zealand.

[21] In 2017, ANZ announced it would sell its online sharebroking service, Direct Broking, to investment bank, First NZ Capital (FNZC), for an undisclosed sum.

[27] ANZ NZ has previously owned the Direct Broking brand and UDC Finance.

In December 2018, Direct Broking was sold to Jarden Securities Limited, however ANZ NZ maintains a strategic alliance with the brand.

The bank used to offer credit card repayment insurance, however since 2020, it no longer provides new policies.

[34] In response to the COVID-19 pandemic, ANZ NZ donated $2 million to the Women’s Refuge, Age Concern New Zealand, the Salvation Army, Red Cross and local charities in the Pacific, in addition to a $1 million grant to cricket and netball.

[32] An internal review, by ANZ's integrity unit, found that former CEO David Hisco was charging chauffeur driven cars and wine storage as expenses without authorisation.

[35] In 2011, ANZ purchased a property in Auckland for $7.5 million and rented it to its then-CEO David Hisco free of charge.

[35][36] In May 2019, the Reserve Bank revoked ANZ's accreditation to model its own capital requirements due to "persistent failure in its control and attenuation process".

Consequently ANZ is required to use a standardised model and to increase its minimum capital held by approximately 60% to $760 million.

[18] A Deloitte review found that "a historically complacent approach, the absence of a comprehensive compliance plan, diffused accountability and inadequate assurance processes, all contributed to the operational risk capital breach not being identified for more than five years".

[37] Although the RBNZ placed the responsibility on the directors, ANZ Chairman Sir John Key, maintains that the mistake was made by a junior employee.

[38][39] ANZ has often been a finalist for the Roger Awards, which recognise "The Worst Transnational Corporation[s] operating in New Zealand" and are run by CAFCA and GATT Watchdog.