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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.


The ANZ Research team has been recognised with more than 40 top-three rankings in major industry surveys across Australia, New Zealand and Asia in the last six years, alongside numerous industry awards. Lead by Richard Yetsenga; the team has dedicated senior researchers on the ground in 10 cities.




ANZ Chief Economist

27 years' experience ANZ (AU), HSBC (HK), Deutsche Bank (AU), Aust Government

LinkedIn | Twitter


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 27 years of experience in Asian financial services, Richard joined ANZ in 2011 from HSBC in Hong Kong, where he was Managing Director of Emerging Market Strategy. Prior to his seven years at HSBC, Richard held economics and markets strategy roles with Deutsche Bank and the Australian Government.

Richard publishes on issues of broad relevance, including climate change, why technology's challenges eclipse the rise of China, and the benefits of difference. 


Sydney, Melbourne, Canberra

David Plank

Head of Australian Economics
29 years’ experience
ANZ (AU), Deutsche Bank (AU), Bankers Trust (NZ), NZ Government, BNZ Funds Management (NZ)
LinkedIn | Twitter

Daniel Been

Head of FX and G3 Research  
15 years’ experience
ANZ (AU), Principal Global Investors (AU), Macquarie (AU)
LinkedIn | Twitter

Felicity Emmett

Senior Economist
26 years’ experience
LinkedIn | Twitter

Cherelle Murphy

Senior Economist
20 years’ experience
ANZ (AU), Australian Financial Review (AU), RBA (AU)
LinkedIn | Twitter

Catherine Birch

Senior Economist
8 years’ experience
Victorian Government, Namibia Nature Foundation, BIS Oxford Economics (AU)

Daniel Hynes

Senior Commodity Strategist
27 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
27 years’ experience
ANZ (AU), Nomura (AU), RBA & Treasury 

LinkedIn Twitter


Kishti Sen 

Economist, Pacific
20 years’ experience
ANZ (AU), BIS Oxford Economist (AU), Reserve Bank of Fiji

New zealand

Wellington, Auckland

Sharon Zöllner

Chief Economist, NZ
21 years’ experience
ANZ (NZ), Westpac (NZ), Central Bank of Norway, RBNZ
LinkedIn | Twitter

Elizabeth Kendall

Senior Economist
9 years’ experience

Miles Workman

Senior Economist
12 years’ experience
ANZ (NZ), NZ Treasury, BNZ


Susan Kilsby

Agriculture Economist
19 years’ experience
NZX, CRV Ambreed, ANZ (NZ)




Singapore, Hong Kong, Shanghai, Bengaluru

Khoon Goh

Head of Asia Research
22 years’ experience
ANZ (NZ & SG), NZ Treasury & RBNZ, Market Economics (NZ)
LinkedIn | Twitter

Sanjay Mathur

Chief Economist, Southeast Asia & India
30 years’ experience
ANZ (SG), RBS (SG), UBS (SG & IN), Credit rating agencies (IN)

Raymond Yeung

Chief Economist, Greater China
27 years’ experience
ANZ (HK), Swiss Re (HK), Deloitte (HK), Hong Kong Policy Research Institute, Academia

Betty Wang

Senior China Economist
11 years’ experience
ANZ (HK), Standard Chartered
(HK & CN)

Irene Cheung

Senior Strategist, Asia
29 years’ experience
ANZ (SG), ABN/RBS (SG), Chase (SG), Paribas (SG), MAS

Jennifer Kusuma

Senior Rates Strategist
13 years’ experience
ANZ (SG), BNP Paribas (SG), Standard Chartered (SG & ID), Sumitomo Mitsui Banking Corp (SG)


Arun Navaranta

Senior Economist
16 years’ experience
ANZ (IN), Morgan Stanley, Dun & Bradstreet


Zhaopeng Xing

China Markets Economist
9 years’ experience
ANZ (CN), National Bureau of Statistics (CN), China Financial Futures Exchange


London, New York


Brian Martin

Senior International Economics
25 years’ experience
ANZ (UK), Europa Advisory Ltd (UK), Barclays Capital (UK), Citi (UK), Yamaichi Securities (UK)


Jack Chambers

AUD Rates Strategist
7 years’ experience
ANZ (UK & AU), Moody’s Analytics (AU), Commonwealth Treasury (AU)



industry recognition


#1 Domestic economic analysis (FX FIs)

#1 Access to analysts and economists (FX FIs)

#1 Most useful analysis of economy (ANZ IRD corporates)

#1 Most useful written materials on strategies and recommendations (ANZ IRD corporates)


#1 Most useful analysis of the economy

#1 Most useful interest rate and trend analysis

#1 Most useful written materials on strategies & recommendations

#1 FX forecasting & commentary of currency markets


#2 Asian markets


Jennifer Kusuma: highly commended for Pan Asia research

Sanjay Mathur: highly commended for research as voted by Singapore investors

Proprietary indicators


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



ANZ – Roy Morgan New Zealand Consumer Confidence Index

ANZ Business Outlook Survey 

ANZ Commodity Price Index

ANZ Confidence Composite Index

ANZ Monthly Inflation Gauge

ANZ Truckometer

Small Business Microscope



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 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


ACCess anz’s full research knowledge

Our research content is available to approved applicants on ANZ Live

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For a full set of relevant disclosures, please visit the link below.

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