The treasurer's stipulations on the deal include no ANZ or Suncorp branch closures in regional areas for three years, no net job losses across Australia for three years due to the transaction, and for ANZ to make "best endeavours" to join Australia's Post's banking network.The treasurer's approval was the last major hurdle to the $4.9 billion deal.
In a statement, Suncorp welcomed Chalmer's approval of the deal and stated they hoped it would be finalised by July 31.
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