Suncorp-Metway Limited (Suncorp Bank)

State Financial Institutions and Metway Merger Amendment Bill 2024

This bill ensures Suncorp Group Limited keeps its headquarters in Queensland after selling its banking business to ANZ. It updates a 1996 law that was originally designed to keep the merged Suncorp-Metway group based in Queensland, applying strengthened requirements to Suncorp's continuing insurance business.