Adani coalmine: ANZ chief suggests bank would not finance Carmichael project

Chief executive reportedly says bank’s exposure to coalmining is small and ‘I can’t see a time where we’d suddenly see that trend shift’ANZ bank’s chief executive has in effect ruled out helping finance the Adani group’s proposed multibillion-dollar Carmicheal coalmine project in Queensland, reports suggest.The Weekend Australian reported on Saturday that Shayne Elliott had said the bank’s exposure to coalmining had halved to about $1.5bn over the