BUZZ-Australia's ANZ slips on weak annual earnings, dividend cut** ANZ Holdings ANZ.AX falls as much as 1.4% to A$31.25; biggest intraday pct drop since Oct. 30
** Australia's fourth largest lender logs lower-than-expected annual cash earnings of A$6.73 bln ($4.49 bln) vs last year's A$7.41 bln
** Slashes dividend to 83 Australian cents from year-ago 94 Australian cents
** Flags high competition in its home lending and deposits
** Citi says, "Management will need to bridge the opportunity between current investment and future returns for investors to gain more comfort with the numbers"
** Stock adds more than 0.5% in value so far this week
** ANZ up 29% YTD
($1 = A$1.4981)
(Reporting by Roushni Nair in Bengaluru)
((Roushni.Nair@thomsonreuters.com;))
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