Table 3.2. Pre- and post-merger employment levels in New Zealand

Combined employers* | Pre-merger 1991 | Post-merger 1995 | % change 1991-95
ANZ/Post Bank (1984) | 6 876 | 5 953 | -13.4
Countrywide/United (1992) | 1 625 | 1 189 | -26.8
National/Rural (1992) | 3 952 | 3 821 | -3.7
BNZ/NAB (1993) | 6 498 | 5 549 | -17.1
Total | 19 151 | 16 512 | -13.8
* Date of merger in brackets. Source: FinSec submission to the Inquiry into the Australian financial system, tables 7-10.