ANZ RESEARCH
local experts providing insights on economics, FX, Rates and Commodities; specialising in Australia, New Zealand and Asia
ANZ Research provides market-leading insights on regional and global economies, financial and commodity markets.
Our regional economics teams provide macroeconomic analysis for our key geographies: Australia, New Zealand, Emerging Asia, Greater China and the G3 economies. Our strategists cover foreign exchange, rates and commodity markets.
Together, we provide ANZ clients and staff with detailed analysis and forecasts of current and emerging economic trends, and financial markets. We share our views through a variety of publications and presentations.
OUR EXPERTS
The ANZ Research team has been recognised with more than 30 top-three rankings in major industry surveys across Australia, New Zealand and Asia in the last five years, alongside numerous industry awards. Lead by Richard Yetsenga; the team has dedicated senior researchers on the ground in 11 cities.

Richard Yetsenga is Chief Economist and Head of Research at ANZ. In this role, he leads the Bank's economic and markets research efforts, with a focus on Australia, New Zealand and Asia.
With more than 26 years' of experience in Asian financial services, Richard joined ANZ in 2011 from HSBC in Hong Kong, where he was Managing Director and Global Head of Emerging Market FX Strategy. Prior to his seven years' at HSBC, Richard held economics and markets strategy roles with Deutsche Bank and the Australian Government.
Richard publishes research on issues of broad relevance, including the resilience of a liberal global trading regime, the Aldi-isation of retail, India’s credible reform, what’s happening in the boardrooms of China and resisting the siren call of Australian infrastructure.




AUSTRALIA
Sydney, Melbourne, Canberra
David Plank
Head of Australian Economics
28 years’ experience
ANZ (AU), Deutsche Bank (AU), Bankers Trust (NZ), NZ Government, BNZ Funds Management (NZ)
LinkedIn | Twitter
Daniel Been
Head of FX Research
14 years’ experience
ANZ (AU), Principal Global Investors (AU), Macquarie (AU)
LinkedIn | Twitter
Felicity Emmett
Senior Economist
25 years’ experience
ANZ (AU), RBS (AU), ABN AMRO (AU), BZW (AU)
LinkedIn | Twitter
Cherelle Murphy
Senior Economist
19 years’ experience
ANZ (AU), Australian Financial Review (AU), RBA (AU)
LinkedIn | Twitter
Jasmine Kaur
Senior Economist
13 years’ experience
ANZ (AU), WA Chamber of Commerce (AU)
Daniel Hynes
Senior Commodity Strategist
26 years’ experience
ANZ (AU), Citi (UK & AU), Apollo Global Management (UK), Merrill Lynch (UK & AU), AME, WMC/BHP (AU)
LinkedIn | Twitter
Tom Kenny
Senior International Economist
26 years’ experience
ANZ (AU), Nomura (AU), RBA & Treasury

New zealand
Wellington, Auckland
Sharon Zöllner
Chief Economist, NZ
19 years’ experience
ANZ (NZ), Westpac (NZ),
Central Bank of Norway, RBNZ
LinkedIn | Twitter
Elizabeth Kendall
Senior Economist
8 years’ experience
ANZ (NZ), RBA, RBNZ
LinkedIn
Susan Kilsby
Agriculture Economist
18 years’ experience
NZX, CRV Ambreed, ANZ (NZ)

Asia
Singapore, Hong Kong, Shanghai, Bengaluru
Khoon Goh
Head of Asia Research
20 years’ experience
ANZ (NZ & SG), NZ Treasury & RBNZ, Market Economics (NZ)
LinkedIn | Twitter
Sanjay Mathur
Chief Economist, SEA & India
28 years’ experience
ANZ (SG), RBS (SG), UBS (SG & IN), Credit rating agencies (IN)
LinkedIn
Raymond Yeung
Chief Economist, Greater China
25 years’ experience
ANZ (HK), Swiss Re (HK), Deloitte (HK), Hong Kong Policy Research Institute, Academia
LinkedIn
Betty Wang
Senior China Economist
9 years’ experience
ANZ (HK), Standard Chartered
(HK & CN)
David Qu
Markets Economist
13 years’ experience
ANZ (CN), PBoC including half year in the IMF, credit rating agency (CN), KPMG (CN)
Irene Cheung
Senior Strategist, Asia
28 years’ experience
ANZ (SG), ABN/RBS (SG), Chase (SG), Paribas (SG), MAS
Jennifer Kusuma
Senior Rates Strategist
11 years’ experience
ANZ (SG), BNP Paribas (SG), Standard Chartered (SG & ID), Sumitomo Mitsui Banking Corp (SG)
LinkedIn
industry recognition
KANGANEWS 2017
#1 Asian markets
#2 FX
#2 Global markets
#2 Australian government & semi-government bonds
#2 Supranational, sovereign & agency bonds
#3 Macroeconomics
#3 Relative value
ASIAMONEY 2017
#1 Interest rate research: Australia & Hong Kong
#1 FX research: Singapore, Taiwan, Korea, Vietnam & Hong Kong as voted by Corporates
#2 Asian macroeconomics
#2 Commodity research
#2 Interest rate research: Philippines, Korea, Taiwan & Vietnam
#2 FX research as voted by Financial Institutions
#2 FX research: China & Australia as voted by Corporates
PETER LEE (NZ) 2016
#1 Most useful analysis of the economy (NZ)
#1 Most useful interest rate forecasts & trend analysis, & most useful written material on strategies & recommendations (NZ FI)
#1 For corporates FX forecasting & commentary on currency markets (NZ FX)
Proprietary indicators
AUSTRALIA
ANZ – Property Council Australia Survey
ANZ – Roy Morgan Australian Consumer Confidence Index
ANZ Job Advertisements – Australia
ANZ Stateometer
ANZ Wage Gauge
Inflation Risk Indicator
Labour Market Conditions Index
Price Diffusion Index
Uncertainty Index
NEW ZEALAND
ANZ – Roy Morgan New Zealand Consumer Confidence Index
ANZ Business Confidence Index
ANZ Commodity Price Index
ANZ Confidence Composite Index
ANZ Job Advertisements – New Zealand
ANZ Monthly Inflation Gauge
ANZ Truckometer
Small Business Microscope
ASIA
ANZ S$NEER Real Time Monitor
CNY Fixing Model
Asia Financial Conditions Index
Asia GDP Trackers
China Service Activity Index
ANZ China Commodity Index
GLOBAL
Global Economic Advanced Reading
Global Export Orders Index
Global Lead Index
Global Risk Aversion Index
Global Upstream Price Pressure Index
Growth Trackers
Inflation Trackers
Inventory Pulse
Macro Liquidity Index
Overall Volatility Index
Regime Identifier
Risk Appetite Indices
US Recession Index
US Wage Leading Index
World Trade Leading Index
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Our research content is available to approved applicants on ANZ Live
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