**Exhibit 8**

 
| ** **                                                          | ** ** | **Incorporated in** | ** ** | **Nature of Business** | ** ** |
|---------------------------------------------------------------------|------------|---------------------|------------|------------------------|------------|
| **All controlled entities are 100% owned  unless otherwise noted.** |       |                |       |                   |       |
| The material controlled entities of the  Group are:                 |       |                |       |                   |       |
| **Amerika Samoa Bank**                                              |       | America Samoa       |       | Banking                |       |
| **ANZ Capel Court Limited**                                         |       | Australia           |       | Investment Banking     |       |
| **ANZ Capital Funding Pty Ltd**                                     |       | Australia           |       | Funding                |       |
| **ANZ Capital Hedging Pty Ltd**                                     |       | Australia           |       | Hedging                |       |
| **ANZcover Insurance Pty Ltd**                                      |       | Australia           |       | Self-Insurance         |       |
| **ANZ (Delaware) Inc**                                              |       | USA                 |       | Finance                |       |
| **ANZ Executors & Trustee Company Limited**                     |       | Australia           |       | Trustee/Nominee        |       |
| **ANZ Financial Products Pty Ltd**                                  |       | Australia           |       | Investment             |       |
| **ANZ Funds Pty Ltd**                                               |       | Australia           |       | Holding Company        |       |
| ANZ Bank (Europe) Limited*                                          |       | England             |       | Banking                |       |
| ANZ Bank (Samoa) Limited*                                           |       | Samoa               |       | Banking                |       |
| ANZ Holdings (New Zealand) Limited*                                 |       | New Zealand         |       | Holding Company        |       |
| ANZ National Bank Limited*                                          |       | New Zealand         |       | Banking                |       |
| ANZ National (Int’l) Limited*                                  |       | New Zealand         |       | Finance                |       |
| Arawata Finance Limited*                                            |       | New Zealand         |       | Finance                |       |
| Arawata Capital Limited*                                            |       | New Zealand         |       | Investment             |       |
| APAC Investments Limited*(1)                                        |       | New Zealand         |       | Finance                |       |
| Burnley Investments Limited*                                        |       | New Zealand         |       | Investment             |       |
| Cortland Finance Limited*                                           |       | New Zealand         |       | Investment             |       |
| Arawata Holdings Limited*                                           |       | New Zealand         |       | Holding Company        |       |
| Harcourt Corporation Limited*                                       |       | New Zealand         |       | Investment             |       |
| Airlie Investments Limited*                                         |       | New Zealand         |       | Investment             |       |
| Nerine Finance No. 2(1)                                             |       | New Zealand         |       | Finance                |       |
| Endeavour Finance Limited*                                          |       | New Zealand         |       | Finance                |       |
| Tui Endeavour Limited*                                              |       | New Zealand         |       | Finance                |       |
| National Bank of New Zealand Custodians  Limited*                   |       | New Zealand         |       | Custodians             |       |
| Alos Holdings Limited*                                              |       | New Zealand         |       | Investment             |       |
| NBNZ Holdings Ltd*                                                  |       | New Zealand         |       | Holding Company        |       |
| Tui Securities Limited*                                             |       | New Zealand         |       | Investment             |       |
| UDC Finance Limited*                                                |       | New Zealand         |       | Finance                |       |
| Truck Leasing Limited*                                              |       | New Zealand         |       | Leasing                |       |
| ANZ International (Hong Kong) Limited*                              |       | Hong Kong           |       | Holding Company        |       |
| ANZ Asia Limited*                                                   |       | Hong Kong           |       | Banking                |       |
| ANZ Bank (Vanuatu) Limited*                                         |       | Vanuatu             |       | Banking                |       |
| ANZ International Private Limited*                                  |       | Singapore           |       | Holding Company        |       |
| ANZ Singapore Limited*                                              |       | Singapore           |       | Merchant Banking       |       |
| ANZ Royal Bank (Cambodia) Limited*(1)                               |       | Cambodia            |       | Banking                |       |
| Bank of Kiribati Ltd*(1)                                            |       | Kiribati            |       | Banking                |       |
| LFD Limited                                                         |       | Australia           |       | Holding Company        |       |
| Minerva Holdings Limited*                                           |       | England             |       | Holding Company        |       |
| ANZEF Limited*                                                      |       | England             |       | Finance                |       |
| Votraint No. 1103 Pty Limited                                       |       | Australia           |       | Investment             |       |
| **ANZ Investment Holdings Pty Ltd**                                 |       | Australia           |       | Investment             |       |
| 530 Collins Street Property Trust                                   |       | Australia           |       | Investment             |       |
| **ANZ Lenders Mortgage Insurance Pty Limited**                      |       | Australia           |       | Mortgage Insurance     |       |
| **ANZ Orchard Investments Pty Ltd**                                 |       | Australia           |       | Holding Company        |       |
| **ANZ Rural Products Pty Ltd**                                      |       | Australia           |       | Investment             |       |
| **Australia and New Zealand Banking Group  (PNG) Limited***         |       | Papua New Guinea    |       | Banking                |       |
| **Esanda Finance Corporation Limited**                              |       | Australia           |       | General Finance        |       |
| Fleet Partners Pty Limited                                          |       | Australia           |       | Finance                |       |
| **NMRSB Pty Ltd**                                                   |       | Australia           |       | Investment             |       |
| **PT ANZ Panin Bank*(****1)**                                       |       | Indonesia           |       | Banking                |       |
| **Upspring Limited***                                               |       | England             |       | Investment             |       |

 

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*                 Auditedby overseas KPMG firms

(1)          Outside equity interests hold ordinary shares or units in the controlledentities listed above as follows: Bank of Kiribati - 150,000 $1 ordinary shares(25%) (2004 : 150,000 $1 ordinary shares 25%); PT ANZPanin Bank – 7,500 IDR 1M shares (15%) (2004: 7,500 IDR 1M shares 15%); NerineFinance No. 2 - 3,650 NZ$100,000 redeemable preference shares (42%) (2004:3,650 NZ$100,000 redeemable preference shares 42%); ANZ Royal Bank (Cambodia)Limited – 8,100,000 $1 ordinary shares (45%); APAC Investments Limited – 3,500$1 ordinary shares (35%)

 

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