ANZ's New Zealand boss says the bank has no major restructure plans on this side of the Tasman.
The Australian banking group has announced plans to axe about 3,500 in-house roles and 1000 contractors.
Its New Zealand arm says about 20-30 mostly head-office roles might be cut here.
But Chief Executive Antonia Watson told Kerre Woodham it's part of a normal review of efficiencies, which they do every year.
She says times of change always generate nervousness, but they've been clear that what's driving the change in Australia isn't a factor here.
She says staff will have a lot of empathy for their Australian colleagues who are going through a tough time at the moment.
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Kerre Woodham Mornings Podcast