They could set up the office very quickly with interim...

They could set up the office very quickly with interim management. Obviously there are obligations that the superannuation trustee will have, and it could be preferable that the carrying out of these obligations does not impact the 2019 FY accounts. There are a lot of people who could do that job.

I think APRA are being fools if they actually grant that extension. They should be putting somebody/anybody into the job in an interim capacity right now if IFL don't want to do it, and there are a lot of people who could be appointed at a high hourly rate (I would do it for those sorts of rates - anybody else putting up their hand - lol). And if that job ad is still out now . . .

The timing is too fishy IMO. The previous timeline would have ensured that the FY19 reporting included input from the new OST. Now if the delay occurs the ANZ will not have any OST input into the FY 19 reporting either, and neither will shareholders or ASIC. Might this delay some necessary disclosure for up to another year?

I have seen delaying tactics before, and this looks like that to me. Best case would be if the "delaying tactics" were aimed at getting out of the ANZ PI acquisition. That $112m pa in coupon interest is a ripper deal, so maybe drag it out as long as possible, but $800m is a huge amount of money to pay for a business that is now probably a (relative to the initial deal date) poisoned chalice.

All IMO obviously