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ANZ Research

Our dedicated researchers deliver detailed analysis and forecasts on current and emerging economic trends, as well as financial and commodity markets. While the focus is predominantly regional, the information is presented in a global context for a wide audience.

Award-winning research and insights

The ANZ Research team, located across our extensive network, 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. While our strategists cover foreign exchange, rates and commodity markets.

Together, they provide ANZ customers with detailed analysis and forecasts of current and emerging economic trends, and financial markets.

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 past six years, alongside numerous industry awards.

Institutional customers can access a wealth of timely information from the ANZ Research portal.

Our experts


Senior economists and strategists


Years of collective research experience


Institutions where we have worked

Research rankings

Peter Lee Australia 2018

#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 writen materials on strategies and recommendations (ANZ IRD corporates)

Peter Lee New Zealand 2019 (Corporates)

#1 Most useful analysis of the economy

#1 Most useful interest rate and trend analysis

#1 Most useful materials on strategies and recommendations

#1 FX forecasting and commentary of currency markets

Kanganews 2019

#2 Asian markets


Asset Benchmark Research Survey 2020

Jennifer Kusuma: highly commended for Pan Asia research

The team

Richard Yetsenga is Chief Economist and Head of Research at ANZ, based in Sydney. He leads the Bank's global research team, which focuses on Australia, New Zealand and Asia.

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 roles with Deutsche Bank and the Australian Government.

Richard publishes on issues of broad economic relevance, including climate change, technology, inequality and the benefits of diversity.

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 past six years, alongside numerous industry awards.

Richard regularly appears on CNBC, Bloomberg TV and other regional media, his work has been published by the Lowy Interpreter, and he is an editorial contributor in the Australian Financial Review, The Australian newspaper and the Hong Kong Economic Journal.


Richard Yetsenga

ANZ Chief Economist

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

LinkedIn | Twitter



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


Catherine Birch

Senior Economist
8 years’ experience
ANZ (AU), 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, Aukland


Sharon Zöllner

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


David Croy

Senior Rates Strategist
25 years’ experience in markets
ANZ (NZ and UK), AllianceBernstein (NZ), Westpac (NZ and UK), National Mutual Funds Management (NZ)

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
30 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)


Zhaopeng Xing

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


Europe & America



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)

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


New Zealand

ANZ – Roy Morgan New Zealand Consumer Confidence Index

ANZ Business Outlook Survey 

ANZ Commodity Price Index

ANZ Confidence Composite Index

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