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ANZ Group's Q1 Revenue Steady Amid Market Challenges
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ANZ Group's first-quarter revenue remains steady, driven by Institutional Division's Markets business, while its common equity tier 1 ratio decreases. The bank is facing challenges in the mortgage market with rising borrowing costs and declining credit growth.
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How do ANZ Group's financial performance and challenges reflect broader trends in the Australian banking industry?
How might ANZ Group's challenges in the mortgage market impact its overall financial performance?
What strategies could ANZ Group employ to mitigate the effects of rising borrowing costs and declining credit growth?
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