Change of Director`s Interest Notice

Document date:  Wed 30 Oct 2002
Published:  Thu 31 Oct 2002 16:16:05
Document No:  197084
Document part:  A
Market Flag:  N
Classification:  Change of Director's Interest Notice 

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2002-10-30  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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CHANGE OF DIRECTOR'S INTEREST NOTICE


   Name of Company   Australia And New Zealand Banking Group Limited

   ABN                      11 005 357 522

We (the entity) give the ASX the following information under listing
rule 3.19A.2 and as agent for the director for the purposes of section
205G of the Corporations Act.
 
   Name of Director         John McFarlane

   Date of last notice      08/05/2002


Part 1 - Change of director's relevant interests in securities

Direct interest                457,000
Indirect interest              611,372
                         
NAME OF HOLDER & NATURE OF INTEREST      NUMBER & CLASS OF SECURITIES

* HSBC Custody Nominees (Australia)      ordinary shares  245,000
Ltd (as nominee for-Self Invested
personal Pension Scheme)

* ANZEST Pty Ltd
- ANZ Employee Share Acquisition Plan    ordinary shares   87,190
- ANZ Directors' Share Plan              ordinary shares  279,182
                                              Total       611,372

No of securities held prior to change        1,068,372
                         
Date of change                          25/10/2002
                                                         
Class                                   ordinary shares          

Number Acquired - Indirect Interest     37,375

Number disposed                              -

Nature of change                       On-market trade          

Value                                  $687,229                 

Number of securities held after change                         

Direct Interest - Unchanged                          457,000
Indirect Interest - Increased     611,372 + 37,375 = 648,747
Total of Interest                                  1,105,747

Part 2 - Change of director's relevant interests in contracts

Detail of contract                      -                        

Nature of direct interest               -                        

Name of registered holder
(if issued securities)                  -                        

Date of change                          -

No. and class of securities to which
interest related prior to change        -                        

Interest Acquired                       -                        

Interest disposed                       -                        

Value/consideration                     -                        

Interest after change                   -