Nuno Matos on Nations should establish binding intern…

Nuno Matos

Chief Executive Officer of ANZ Group Holdings.

Should large-scale job cuts of up to 50% emerge, we’ll have a crisis and it’s not going to be in Australia, it’s going to be a global crisis. This is one of the few examples where I would say some global regulation is needed to make sure that society does not go into trouble.

AI Verified (Nov 12, 2026)

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ANZ Group Holdings Ltd chief executive officer Nuno Matos called for global regulation to manage artificial intelligence's impact on the labour market. At a parliamentary hearing in Canberra on 12 November 2026, he said: “Should large-scale job cuts of up to 50% emerge, ‘we’ll have a crisis and it’s not going to be in Australia, it’s going to be a global crisis,’ Matos said Thursday. ‘This is one of the few examples where I would say some global regulation is needed to make sure that society does not go into trouble,’ he said.”

9h ago

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Nations should establish binding international rules for AI safety and governance

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AI Verified The quote calls for global regulation in response to AI-driven labour-market harms, supporting binding international AI governance rules. · Hector Perez Arenas gpt-5 · 9h ago

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AI Verified The quote endorses global AI regulation, so the 'for' answer matches the statement. · Hector Perez Arenas gpt-5 · 9h ago

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AI Verified The Bloomberg-syndicated report identifies Nuno Matos as ANZ CEO and quotes these words from his 12 November 2026 parliamentary-hearing remarks on AI's labour-market impact. · Hector Perez Arenas gpt-5 · 9h ago

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Nations should establish binding international rules for AI safety and governance

Should large-scale job cuts of up to 50% emerge, we’ll have a crisis and it’s not going to be in Australia, it’s going to be a global crisis. [...] This is one of the few examples where I would say some global regulation is needed to make sure that s...

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