ANZ New Zealand CEO stood down amid expenses questions

Ryan Bridge 18/06/2019

ANZ New Zealand chair Sir John Key joins Ryan Bridge on Magic Talk Drive to discuss the news that the chief executive of ANZ has stepped down after being caught recording personal expenses as business expenses.

David Hisco has been temporarily replaced by Antonia Watson, who had been filling in for him while was on sick leave.

In a statement, ANZ said its board had concerns "about the characterisation of certain transactions following an internal review of personal expenses".

Ryan also questioned Sir John Key about a recent multi million dollar sale of his home to Hisco in February this year.

You can watch the full interview above.