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3.6 – ANZ’s former Head of Small Business Banking testifies at the Banking Royal Commission

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Kate Gibson, the former General Manager of Small Business Banking at Australia and New Zealand Banking Group (ANZ), is being questioned over the decision to loan $220,000 to a couple in 2014 to set up the first Australian outlet of a New Zealand gelato chain, which ultimately failed, largely based on a business plan filled with pages of “clip-art” ice cream pictures and unrealistic financial forecasts.

Recorded on 22 and 23 May 2018 at the Owen Dixon Commonwealth Law Courts Building in Melbourne.

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