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Suncorp Group - Wikipedia

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<li id="toc-State_Government_Insurance_Office" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#State_Government_Insurance_Office"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.1</span> <span>State Government Insurance Office</span> </div> </a> <ul id="toc-State_Government_Insurance_Office-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Metway_Bank" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Metway_Bank"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.2</span> <span>Metway Bank</span> </div> </a> <ul id="toc-Metway_Bank-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Queensland_Industry_Development_Corporation" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Queensland_Industry_Development_Corporation"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.3</span> <span>Queensland Industry Development Corporation</span> </div> </a> <ul id="toc-Queensland_Industry_Development_Corporation-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Merger_as_Suncorp-Metway:_1996_to_1999" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Merger_as_Suncorp-Metway:_1996_to_1999"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.4</span> <span>Merger as Suncorp-Metway: 1996 to 1999</span> </div> </a> <ul id="toc-Merger_as_Suncorp-Metway:_1996_to_1999-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Further_conglomeration:_2000_to_2006" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Further_conglomeration:_2000_to_2006"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.5</span> <span>Further conglomeration: 2000 to 2006</span> </div> </a> <ul id="toc-Further_conglomeration:_2000_to_2006-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Promina_acquisition:_2007" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Promina_acquisition:_2007"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.6</span> <span>Promina acquisition: 2007</span> </div> </a> <ul id="toc-Promina_acquisition:_2007-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Recent_events" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Recent_events"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Recent events</span> </div> </a> <ul id="toc-Recent_events-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Business_interests" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Business_interests"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Business interests</span> </div> </a> <button aria-controls="toc-Business_interests-sublist" 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vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Naming_rights"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Naming rights</span> </div> </a> <ul id="toc-Naming_rights-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button 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div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">This article is about the Australian financial company. For the Canadian oil company, see <a href="/wiki/Suncor_Energy" title="Suncor Energy">Suncor Energy</a>.</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">Suncorp Group Limited</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"><a href="/wiki/File:Suncorp_Group_logo.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/8/88/Suncorp_Group_logo.svg/250px-Suncorp_Group_logo.svg.png" decoding="async" width="250" height="74" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/88/Suncorp_Group_logo.svg/375px-Suncorp_Group_logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/88/Suncorp_Group_logo.svg/500px-Suncorp_Group_logo.svg.png 2x" data-file-width="582" data-file-height="172" /></a></span></td></tr><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"><a href="/wiki/File:Suncorp_Bank_HQ_at_80_Ann_Street,_Brisbane,_2022,_02.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/0/0b/Suncorp_Bank_HQ_at_80_Ann_Street%2C_Brisbane%2C_2022%2C_02.jpg/200px-Suncorp_Bank_HQ_at_80_Ann_Street%2C_Brisbane%2C_2022%2C_02.jpg" decoding="async" width="200" height="267" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/0b/Suncorp_Bank_HQ_at_80_Ann_Street%2C_Brisbane%2C_2022%2C_02.jpg/300px-Suncorp_Bank_HQ_at_80_Ann_Street%2C_Brisbane%2C_2022%2C_02.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/0b/Suncorp_Bank_HQ_at_80_Ann_Street%2C_Brisbane%2C_2022%2C_02.jpg/400px-Suncorp_Bank_HQ_at_80_Ann_Street%2C_Brisbane%2C_2022%2C_02.jpg 2x" data-file-width="1730" data-file-height="2307" /></a></span><div class="infobox-caption">Headquarters at 80 Ann Street, Brisbane</div></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Public_company" title="Public company">Public</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"><ul><li><a href="/wiki/Australian_Securities_Exchange" title="Australian Securities Exchange">ASX</a>:&#160;<a rel="nofollow" class="external text" href="https://www2.asx.com.au/markets/company/SUN">SUN</a></li><li><a href="/wiki/S%26P/ASX_200" title="S&amp;P/ASX 200">S&amp;P/ASX 200</a> component</li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/General_insurance" title="General insurance">General insurance</a><br /><a href="/wiki/Banking" class="mw-redirect" title="Banking">Banking</a><br /><a href="/wiki/Life_insurance" title="Life insurance">Life insurance</a><br /><a href="/wiki/Superannuation" class="mw-redirect" title="Superannuation">Superannuation</a><br /><a href="/wiki/Wealth_management" title="Wealth management">Wealth management</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">1996<span style="display:none">&#160;(<span class="bday dtstart published updated itvstart">1996</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data label"><a href="/wiki/Brisbane" title="Brisbane">Brisbane</a>, <a href="/wiki/Queensland" title="Queensland">Queensland</a>, <a href="/wiki/Australia" title="Australia">Australia</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Area served</div></th><td class="infobox-data"><a href="/wiki/Australia" title="Australia">Australia</a> and <a href="/wiki/New_Zealand" title="New Zealand">New Zealand</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent"><a href="/wiki/Christine_McLoughlin" title="Christine McLoughlin">Christine McLoughlin</a> (<a href="/wiki/Chairman" class="mw-redirect" title="Chairman">Chairman</a>)<br />Steve Johnston<br />(<a href="/wiki/Chief_executive_officer" title="Chief executive officer">CEO</a>)</td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <a href="/wiki/Australian_dollar" title="Australian dollar">A$</a>14.99 billion&#160;(2022)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Earnings_before_interest_and_taxes" title="Earnings before interest and taxes">Operating income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <a href="/wiki/Australian_dollar" title="Australian dollar">A$</a>837 million (2022)<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <a href="/wiki/Australian_dollar" title="Australian dollar">A$</a> 631 Million&#160;(2022)</td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Asset" title="Asset">Total assets</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <a href="/wiki/Australian_dollar" title="Australian dollar">A$</a>106 billion (2022)<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup>&#160;(2022)</td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Equity_(finance)" title="Equity (finance)">Total equity</a></span></th><td class="infobox-data"><a href="/wiki/Australian_dollar" title="Australian dollar">A$</a>12.783 billion&#160;(2022)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">~14,500<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup>&#160;(2015)</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiaries</a></th><td class="infobox-data"><a href="/wiki/Suncorp_Bank" title="Suncorp Bank">Suncorp Bank</a> <br /> Suncorp Insurance <br /> <a href="/wiki/GIO_General" class="mw-redirect" title="GIO General">GIO</a> <br /><a href="/wiki/Australian_Associated_Motor_Insurers_Limited" class="mw-redirect" title="Australian Associated Motor Insurers Limited">AAMI</a> <br />Apia <br /><a href="/wiki/Vero_Insurance" title="Vero Insurance">Vero</a> <br />Shannons <br />Bingle <br />Terri Scheer <br />Asteron Life<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="http://suncorpgroup.com.au/">suncorpgroup<wbr />.com<wbr />.au</a></span></td></tr></tbody></table> <p><b>Suncorp Group Limited</b>, known simply as <b>Suncorp</b>, is an Australian finance, insurance and <a href="/wiki/Banking" class="mw-redirect" title="Banking">banking</a> corporation based in <a href="/wiki/Brisbane" title="Brisbane">Brisbane</a>, <a href="/wiki/Queensland" title="Queensland">Queensland</a>, <a href="/wiki/Australia" title="Australia">Australia</a>. It was formed on 1 December 1996 by the <a href="/wiki/Merger" class="mw-redirect" title="Merger">merger</a> of Suncorp, Metway Bank and the Queensland Industry Development Corporation (QIDC), and is one of Australia's mid-sized banks (by combined lending and deposits) and its largest <a href="/wiki/General_insurance" title="General insurance">general insurance</a> group.<sup id="cite_ref-sunc-go_5-0" class="reference"><a href="#cite_note-sunc-go-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="State_Government_Insurance_Office"><span class="anchor" id="SCGIO"></span>State Government Insurance Office</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=2" title="Edit section: State Government Insurance Office"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Queensland established the State Accident Insurance Office in 1916,<sup id="cite_ref-sunc-hist_6-0" class="reference"><a href="#cite_note-sunc-hist-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> to provide mandatory injury compensation insurance to workers in the state's business sector. New legislation soon after created a larger insurance body, the <a href="/wiki/State_Government_Insurance_Office_(Queensland)" title="State Government Insurance Office (Queensland)">State Government Insurance Office</a> (SGIO) which took over the State Accident Insurance Office. General insurance, third party and life products were added. SGIO later expanded into building society operations, superannuation, and finance. </p><p>In 1960, new legislation established the SGIO as a separate corporation, and the group became subject to state regulatory oversight. In 1971, the SGIO took another step toward full-fledged corporate status, forming its own board of directors. At that time, the operations involving injury compensation for workers were placed under a separate board. By 1976, as SGIO's insurance operations took on a more commercial orientation, and the company closed down its building society operations.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (August 2023)">citation needed</span></a></i>&#93;</sup> </p><p>The next move toward the SGIO's <a href="/wiki/Privatization" title="Privatization">privatisation</a> came in 1985. Under new legislation, the company dropped the SGIO name and became Suncorp, and its employees lost their status as civil servants. At the same time, Suncorp became an independent corporation, although still government controlled. By the mid 1990s, Suncorp was an allfinanz (i.e. with combined banking, financial, and insurance operations) group and had assets of nearly $10 billion. </p> <div class="mw-heading mw-heading3"><h3 id="Metway_Bank"><span class="anchor" id="Metway"></span><span class="anchor" id="Metropolitan_Permanent"></span> Metway Bank</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=3" title="Edit section: Metway Bank"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Metway Bank started as the Metropolitan Permanent Building Society in 1959.<sup id="cite_ref-sunc-hist_6-1" class="reference"><a href="#cite_note-sunc-hist-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> In the late 1980s, Metropolitan joined the trend among Australia's building societies to expand into becoming full-scale banks. In 1988, Metropolitan abandoned its status as a building society to reincorporate as a bank. Metway, as the new bank was called, listed publicly and began acquiring a number of rival banks and building societies. By the mid 1990s, Metway had become the largest Queensland-based bank. Its operations extended into the other eastern Australian states and the assets of the bank were more than $7 billion. </p> <div class="mw-heading mw-heading3"><h3 id="Queensland_Industry_Development_Corporation"><span class="anchor" id="QIDC"></span>Queensland Industry Development Corporation</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=4" title="Edit section: Queensland Industry Development Corporation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>QIDC had its origins in Agbank, which was a state government farming financier inaugurated in 1902.<sup id="cite_ref-sunc-hist_6-2" class="reference"><a href="#cite_note-sunc-hist-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> In 1986, new Queensland legislation incorporated and regulated the bank as the Queensland Industry Development Corporation. By the mid 1990s, QIDC had assets of approximately $3 billion.<sup id="cite_ref-sunc-hist_6-3" class="reference"><a href="#cite_note-sunc-hist-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Merger_as_Suncorp-Metway:_1996_to_1999">Merger as Suncorp-Metway: 1996 to 1999</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=5" title="Edit section: Merger as Suncorp-Metway: 1996 to 1999"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In response to sweeping changes in Australia's financial and insurance industries in the mid-1990s, and especially the increasing convergence of the banking and insurance sectors, the state owned QIDC and Suncorp were amalgamated with Metway Bank in 1996.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">&#91;</span>7<span class="cite-bracket">&#93;</span></a></sup> The new company, Suncorp-Metway, became one of the largest insurance and finance groups in Australia, ranking fifth in the national market. By 1998, the company's combined assets exceeded $22 billion. </p><p>The Queensland government initially controlled 68 percent of the new company, but quickly made good on its promise to sell most of its stake. In 1997, the company conducted a public offering that reduced the government's stake in Suncorp-Metway to 4 percent, with the last remaining government shares sold a year later. In 1999, Suncorp-Metway completed the integration of the Metway, QIDC and Suncorp operations, and launched a single unified Suncorp-Metway brand. As part of that process, the company also trimmed its retail network, shutting down a number of redundant branches. </p> <figure typeof="mw:File/Thumb"><a href="/wiki/File:Suncorp_Logo.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/3/35/Suncorp_Logo.svg/130px-Suncorp_Logo.svg.png" decoding="async" width="130" height="124" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/3/35/Suncorp_Logo.svg/195px-Suncorp_Logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/3/35/Suncorp_Logo.svg/260px-Suncorp_Logo.svg.png 2x" data-file-width="300" data-file-height="285" /></a><figcaption><span class="nowrap">Logo used 1998–2016</span></figcaption></figure> <div class="mw-heading mw-heading3"><h3 id="Further_conglomeration:_2000_to_2006">Further conglomeration: 2000 to 2006</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=6" title="Edit section: Further conglomeration: 2000 to 2006"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>After its integration phase, Suncorp-Metway adopted a new strategy. It decided to launch itself on a truly national scale, replacing its allfinanz model with a new financial conglomerate strategy. The company wanted to expand, particularly in its more profitable insurance division. It made its first acquisition in 2001 by taking over <a href="/wiki/GIO_General" class="mw-redirect" title="GIO General">GIO General Ltd</a>, which was then part of <a href="/wiki/AMP_Limited" title="AMP Limited">AMP</a>. That purchase made Suncorp-Metway the second-ranked in Australia in terms of income from general insurance in annual premiums. </p><p>The company carried out another rebranding exercise in 2002, adopting the Suncorp name for all of its Queensland operations, and for non-insurance operations outside of the state. The company's insurance operations, excluding Queensland, took on the GIO name. </p><p>Suncorp continued to build up its insurance portfolio into the middle of the decade. It acquired 50 percent of the Queensland-based RACQ Insurance, a joint venture originally formed between <a href="/wiki/AMP_Limited" title="AMP Limited">AMP</a> and <a href="/wiki/RACQ" class="mw-redirect" title="RACQ">RACQ</a>. Suncorp bought out AMP's share of the joint venture in 2002. Also in 2002, Suncorp purchased half of RAA Insurance from the <a href="/wiki/Royal_Automobile_Association" title="Royal Automobile Association">RAA</a>. In 2004, the company purchased Tasmania's RACT Insurance from the <a href="/wiki/Royal_Automobile_Club_of_Tasmania" title="Royal Automobile Club of Tasmania">RACT</a>. </p> <figure class="mw-default-size mw-halign-left" typeof="mw:File/Thumb"><a href="/wiki/File:Suncorp_Business_Centre.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/7/78/Suncorp_Business_Centre.jpg/220px-Suncorp_Business_Centre.jpg" decoding="async" width="220" height="211" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/78/Suncorp_Business_Centre.jpg/330px-Suncorp_Business_Centre.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/78/Suncorp_Business_Centre.jpg/440px-Suncorp_Business_Centre.jpg 2x" data-file-width="960" data-file-height="922" /></a><figcaption>The Suncorp Business Centre in Townsville, 2019</figcaption></figure> <div class="mw-heading mw-heading3"><h3 id="Promina_acquisition:_2007">Promina acquisition: 2007</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=7" title="Edit section: Promina acquisition: 2007"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Suncorp then began preparations for a still larger takeover of insurance giant <a href="/wiki/Promina_Group" class="mw-redirect" title="Promina Group">Promina Group Limited</a>. By early 2007, the two companies had agreed the terms of a merger deal valued at AUD 7.9 billion ($5.9 billion), which represented one of the largest acquisition deals completed in Australia's financial sector since the beginning of the new century.<sup id="cite_ref-smh-2007_8-0" class="reference"><a href="#cite_note-smh-2007-8"><span class="cite-bracket">&#91;</span>8<span class="cite-bracket">&#93;</span></a></sup> </p><p>Promina was formerly part of the UK-based insurance giant <a href="/wiki/Royal_and_Sun_Alliance" class="mw-redirect" title="Royal and Sun Alliance">Royal and Sun Alliance</a> until it spun off the business in Australia as a separate public company in 2003.<sup id="cite_ref-tele-2003_9-0" class="reference"><a href="#cite_note-tele-2003-9"><span class="cite-bracket">&#91;</span>9<span class="cite-bracket">&#93;</span></a></sup> The merger transformed Suncorp into a true giant in Australia, doubling its assets to nearly AUD 85 billion ($65 billion). </p> <div class="mw-heading mw-heading2"><h2 id="Recent_events">Recent events</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=8" title="Edit section: Recent events"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>During a retail banking review in 2007, Suncorp determined that its credit card portfolio was a non-core asset and entered into talks to sell its 100,000 card/$230 million credit-card portfolio to Citibank.<sup id="cite_ref-smh-2008_10-0" class="reference"><a href="#cite_note-smh-2008-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> Citibank now handles the operational aspects of credit whilst the Suncorp brand remains on the cards and Suncorp continues to provide customer interaction.<sup id="cite_ref-sunc-citi_11-0" class="reference"><a href="#cite_note-sunc-citi-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> </p><p>As of 2007, Suncorp had assets of over A$95 billion,<sup id="cite_ref-sunc-hist_6-4" class="reference"><a href="#cite_note-sunc-hist-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> over 9 million customers,<sup id="cite_ref-sunc-hist_6-5" class="reference"><a href="#cite_note-sunc-hist-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> and over 16,000 staff.<sup id="cite_ref-mulcahy-2006_12-0" class="reference"><a href="#cite_note-mulcahy-2006-12"><span class="cite-bracket">&#91;</span>12<span class="cite-bracket">&#93;</span></a></sup> Suncorp operated 232 retail and business banking outlets, predominantly in Queensland. GIO operated 34 agencies in NSW and Victoria. An additional 157 retail branches and services centres were added with the Promina acquisition.<sup id="cite_ref-sunc-hist_6-6" class="reference"><a href="#cite_note-sunc-hist-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> </p><p>In June 2013, <a href="/wiki/Goldman_Sachs" title="Goldman Sachs">Goldman Sachs</a>'s Special Situations Group, the proprietary investment unit of the investment bank, purchased some of Suncorp Group Ltd.'s loans for about US$863 million.<sup id="cite_ref-wsj-aug-2013_13-0" class="reference"><a href="#cite_note-wsj-aug-2013-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> In the summer of 2013 as European lenders were divesting their loans portfolios, in Australia, hedge funds and investment banks were buying them.<sup id="cite_ref-wsj-aug-2013_13-1" class="reference"><a href="#cite_note-wsj-aug-2013-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> In 2013, <a href="/wiki/Distressed_securities" title="Distressed securities">distressed-debt investors</a>, seeking investment opportunities in Asia, particularly in Australia, acquired discounted bonds or bank loans of companies facing distressed debt, with the potential of profitable returns if the companies' performance or their debt-linked assets improves. In 2013 Australia was one of the biggest markets for distressed-debt investors in Asia.<sup id="cite_ref-wsj-aug-2013_13-2" class="reference"><a href="#cite_note-wsj-aug-2013-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> </p><p>Suncorp Business Services appointed its new CEO, Matt Pancino, on 13 June 2014. Pancino formerly worked as the Chief Information Officer for the group.<sup id="cite_ref-:0_14-0" class="reference"><a href="#cite_note-:0-14"><span class="cite-bracket">&#91;</span>14<span class="cite-bracket">&#93;</span></a></sup> Suncorp was inducted into the <a href="/wiki/Queensland_Business_Leaders_Hall_of_Fame" title="Queensland Business Leaders Hall of Fame">Queensland Business Leaders Hall of Fame</a> in 2016.<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">&#91;</span>16<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 2020, Suncorp admitted to wage theft dating back to 2014. In June 2023, it was announced that remediation of the theft amounted a total $32 million in wages, misappropriated from 15,800 staff.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> </p><p>Suncorp has been granted a <a href="/wiki/MySuper" title="MySuper">MySuper</a> authority, enabling it to continue to receive default superannuation contribution from 1 January 2014.<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">&#91;</span>18<span class="cite-bracket">&#93;</span></a></sup><sup class="noprint Inline-Template"><span style="white-space: nowrap;">&#91;<i><a href="/wiki/Wikipedia:Link_rot" title="Wikipedia:Link rot"><span title="&#160;Dead link tagged October 2024">dead link</span></a></i><span style="visibility:hidden; color:transparent; padding-left:2px">&#8205;</span>&#93;</span></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Business_interests">Business interests <span class="anchor" id="Brands"></span></h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=9" title="Edit section: Business interests"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Suncorp covers nearly all areas in <a href="/wiki/Wealth" title="Wealth">wealth</a> and banking, including life insurance, general insurance, commercial insurance, Compulsory Third Party (CTP), banking, finance, superannuation agricultural banking and business banking, the notable exception being health insurance. It is the largest banking and insurance corporation headquartered in Brisbane.<sup id="cite_ref-sunc-go_5-1" class="reference"><a href="#cite_note-sunc-go-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup> </p><p>Suncorp is the parent company of insurance company <a href="/wiki/GIO_General" class="mw-redirect" title="GIO General">GIO</a>, which is mainly used as a general insurance company representing Suncorp outside Queensland, offering similar products to the Suncorp branded insurance product in Queensland. </p><p>Suncorp trades under a number of brands,<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">&#91;</span>19<span class="cite-bracket">&#93;</span></a></sup> including <a href="/wiki/Australian_Associated_Motor_Insurers_Limited" class="mw-redirect" title="Australian Associated Motor Insurers Limited">AAMI</a>, Apia, Shannons, InsureMyRide, Vero, Terri Scheer, Bingle, CIL and Tyndall insurance brands in Australia, and Vero, Asteron, Guardian Trust, Tyndall, Vero Liability, AA Insurance, SIS, CMV/AXIOM and Autosure brands in New Zealand. Those assets were acquired with the <a href="/wiki/Promina_Group" class="mw-redirect" title="Promina Group">Promina Group</a> in 2007. Tal Australia purchased Asteron Australia from Suncorp in December 2018.<sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">&#91;</span>20<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Suncorp_Bank">Suncorp Bank</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=10" title="Edit section: Suncorp Bank"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Suncorp_Bank" title="Suncorp Bank">Suncorp Bank</a></div> <p>On 19 April 2009, Suncorp announced a re-branding of the banking arm of the company to <a href="/wiki/Suncorp_Bank" title="Suncorp Bank">Suncorp Bank</a>, to emphasise that Suncorp was a bank with an insurance arm, not an insurance company with a banking division.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (April 2011)">citation needed</span></a></i>&#93;</sup> In July 2022, Suncorp Group agreed terms to sell Suncorp Bank to the <a href="/wiki/Australia_%26_New_Zealand_Banking_Group" class="mw-redirect" title="Australia &amp; New Zealand Banking Group">Australia &amp; New Zealand Banking Group</a> for <span style="white-space: nowrap"><a href="/wiki/Australian_dollar" title="Australian dollar">A$</a>5<span class="nowrap">&#160;</span>billion</span>.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">&#91;</span>21<span class="cite-bracket">&#93;</span></a></sup> However, in August 2023, the <a href="/wiki/Australian_Competition_%26_Consumer_Commission" class="mw-redirect" title="Australian Competition &amp; Consumer Commission">Australian Competition &amp; Consumer Commission</a> blocked the deal.<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">&#91;</span>22<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Joint_ventures">Joint ventures</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=11" title="Edit section: Joint ventures"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Suncorp acquired insurance joint ventures with motoring clubs <a href="/wiki/Royal_Automobile_Club_of_Queensland" title="Royal Automobile Club of Queensland">RACQ</a> and <a href="/wiki/Royal_Automobile_Association" title="Royal Automobile Association">RAA</a> in 2001, but chose to divest them in 2010. Suncorp entered into a joint venture agreement with RACT Insurance in <a href="/wiki/Tasmania" title="Tasmania">Tasmania</a> in 2007, but sold its 50% interest back to <a href="/wiki/Royal_Automobile_Club_of_Tasmania" title="Royal Automobile Club of Tasmania">RACT</a> in July 2021.<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">&#91;</span>23<span class="cite-bracket">&#93;</span></a></sup> <sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">&#91;</span>24<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Naming_rights">Naming rights</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=12" title="Edit section: Naming rights"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Suncorp holds the naming rights for <a href="/wiki/Lang_Park" title="Lang Park">Lang Park</a>, which is currently branded Suncorp Stadium. It is a rectangular sporting stadium located in the Brisbane suburb of <a href="/wiki/Milton,_Queensland" title="Milton, Queensland">Milton</a>, and is the home of the <a href="/wiki/Brisbane_Broncos" title="Brisbane Broncos">Brisbane Broncos</a> and <a href="/wiki/Queensland_Reds" title="Queensland Reds">Queensland Reds</a>. Suncorp is also the title sponsor of the <a href="/wiki/Suncorp_Super_Netball" title="Suncorp Super Netball">Suncorp Super Netball</a> competition in Australia. The naming rights to buildings, including <a href="/wiki/Suncorp_Place" title="Suncorp Place">Suncorp Place</a> in Sydney and <a href="/wiki/Suncorp_Plaza" title="Suncorp Plaza">Suncorp Plaza</a> in Brisbane, are also held by the group. </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=13" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239009302">.mw-parser-output .portalbox{padding:0;margin:0.5em 0;display:table;box-sizing:border-box;max-width:175px;list-style:none}.mw-parser-output .portalborder{border:1px solid var(--border-color-base,#a2a9b1);padding:0.1em;background:var(--background-color-neutral-subtle,#f8f9fa)}.mw-parser-output .portalbox-entry{display:table-row;font-size:85%;line-height:110%;height:1.9em;font-style:italic;font-weight:bold}.mw-parser-output .portalbox-image{display:table-cell;padding:0.2em;vertical-align:middle;text-align:center}.mw-parser-output .portalbox-link{display:table-cell;padding:0.2em 0.2em 0.2em 0.3em;vertical-align:middle}@media(min-width:720px){.mw-parser-output .portalleft{clear:left;float:left;margin:0.5em 1em 0.5em 0}.mw-parser-output .portalright{clear:right;float:right;margin:0.5em 0 0.5em 1em}}</style><ul role="navigation" aria-label="Portals" class="noprint portalbox portalborder portalright"> <li class="portalbox-entry"><span class="portalbox-image"><span class="noviewer" typeof="mw:File"><span><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9d/All-currency-symbol.svg/28px-All-currency-symbol.svg.png" decoding="async" width="28" height="28" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9d/All-currency-symbol.svg/42px-All-currency-symbol.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9d/All-currency-symbol.svg/56px-All-currency-symbol.svg.png 2x" data-file-width="54" data-file-height="54" /></span></span></span><span class="portalbox-link"><a href="/wiki/Portal:Banks" title="Portal:Banks">Banks portal</a></span></li></ul> <ul><li><a href="/wiki/Banking_in_Australia" title="Banking in Australia">Banking in Australia</a></li> <li><a href="/wiki/List_of_banks" class="mw-redirect" title="List of banks">List of banks</a></li> <li><a href="/wiki/List_of_banks_in_Australia" title="List of banks in Australia">List of banks in Australia</a></li> <li><a href="/wiki/List_of_banks_in_Oceania" title="List of banks in Oceania">List of banks in Oceania</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=14" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://finance.yahoo.com/quote/SUN.AX/balance-sheet/?guccounter=1">"SUN.AX Income Statement"</a><span class="reference-accessdate">. Retrieved <span class="nowrap">9 May</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=SUN.AX+Income+Statement&amp;rft_id=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FSUN.AX%2Fbalance-sheet%2F%3Fguccounter%3D1&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3ASuncorp+Group" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://au.finance.yahoo.com/q/bs?s=SUN.AX&amp;annual">"SUN.AX Balance Sheet"</a>. <i>Yahoo Finance</i><span class="reference-accessdate">. Retrieved <span class="nowrap">9 May</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=Yahoo+Finance&amp;rft.atitle=SUN.AX+Balance+Sheet&amp;rft_id=https%3A%2F%2Fau.finance.yahoo.com%2Fq%2Fbs%3Fs%3DSUN.AX%26annual&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3ASuncorp+Group" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.suncorpgroup.com.au/sites/default/files/pdf/reports/SGL_2014_2015_DirectorsReportAndFinancialStatements_6.pdf">"Directors Report and Financial Statements 2015"</a> <span class="cs1-format">(PDF)</span>. <i>Suncorp Group</i><span class="reference-accessdate">. Retrieved <span class="nowrap">26 December</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=Suncorp+Group&amp;rft.atitle=Directors+Report+and+Financial+Statements+2015&amp;rft_id=http%3A%2F%2Fwww.suncorpgroup.com.au%2Fsites%2Fdefault%2Ffiles%2Fpdf%2Freports%2FSGL_2014_2015_DirectorsReportAndFinancialStatements_6.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3ASuncorp+Group" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.suncorpgroup.com.au/about-us/what-we-do/our-brands">"Our brands"</a>. <i>Suncorp Group</i><span class="reference-accessdate">. Retrieved <span class="nowrap">26 December</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=Suncorp+Group&amp;rft.atitle=Our+brands&amp;rft_id=http%3A%2F%2Fwww.suncorpgroup.com.au%2Fabout-us%2Fwhat-we-do%2Four-brands&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3ASuncorp+Group" class="Z3988"></span></span> </li> <li id="cite_note-sunc-go-5"><span class="mw-cite-backlink">^ <a href="#cite_ref-sunc-go_5-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-sunc-go_5-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.suncorpgroup.com.au/about-us/who-we-are">"Who we are"</a>. <i>Suncorp Group</i><span class="reference-accessdate">. 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Retrieved <span class="nowrap">2 October</span> 2024</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=ABC+News&amp;rft.atitle=ANZ+announces+%245+billion+Suncorp+Bank+takeover&amp;rft.date=2022-07-18&amp;rft.aulast=Janda&amp;rft.aufirst=Michael&amp;rft.au=Ryan%2C+Peter&amp;rft_id=https%3A%2F%2Fwww.abc.net.au%2Fnews%2F2022-07-18%2Fanz-plans-suncorp-bank-takeover%2F101246510&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3ASuncorp+Group" class="Z3988"></span></span> </li> <li id="cite_note-22"><span class="mw-cite-backlink"><b><a href="#cite_ref-22">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBairdEyersWalsh2023" class="citation news cs1">Baird, Lucas; Eyers, James; Walsh, Liam (4 August 2023). <a rel="nofollow" class="external text" href="https://www.afr.com/companies/financial-services/accc-rejects-4-9b-anz-acquisition-of-suncorp-bank-20230804-p5dtuw">"Courtroom showdown looms for $4.9b ANZ acquisition of Suncorp Bank"</a>. <i>Financial Review</i><span class="reference-accessdate">. Retrieved <span class="nowrap">3 October</span> 2024</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=Financial+Review&amp;rft.atitle=Courtroom+showdown+looms+for+%244.9b+ANZ+acquisition+of+Suncorp+Bank&amp;rft.date=2023-08-04&amp;rft.aulast=Baird&amp;rft.aufirst=Lucas&amp;rft.au=Eyers%2C+James&amp;rft.au=Walsh%2C+Liam&amp;rft_id=https%3A%2F%2Fwww.afr.com%2Fcompanies%2Ffinancial-services%2Faccc-rejects-4-9b-anz-acquisition-of-suncorp-bank-20230804-p5dtuw&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3ASuncorp+Group" class="Z3988"></span></span> </li> <li id="cite_note-23"><span class="mw-cite-backlink"><b><a href="#cite_ref-23">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.insurancenews.com.au/daily/suncorp-divests-50-stake-in-ract-insurance">"Suncorp divests 50% stake in RACT Insurance - Daily - Insurance News - insuranceNEWS.com.au"</a>. <i>www.insurancenews.com.au</i><span class="reference-accessdate">. Retrieved <span class="nowrap">16 August</span> 2021</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=www.insurancenews.com.au&amp;rft.atitle=Suncorp+divests+50%25+stake+in+RACT+Insurance+-+Daily+-+Insurance+News+-+insuranceNEWS.com.au&amp;rft_id=https%3A%2F%2Fwww.insurancenews.com.au%2Fdaily%2Fsuncorp-divests-50-stake-in-ract-insurance&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3ASuncorp+Group" class="Z3988"></span></span> </li> <li id="cite_note-24"><span class="mw-cite-backlink"><b><a href="#cite_ref-24">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.suncorpgroup.com.au/sites/default/files/fm/documents/CSR/Org%20Chart7%20A3%20Main%20Oper%20incl%20AML%20(GILC%20eff%2006Mar15).pdf">"Flowchart"</a> <span class="cs1-format">(PDF)</span>. <i>www.suncorpgroup.com.au</i>. 6 March 2014.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=www.suncorpgroup.com.au&amp;rft.atitle=Flowchart&amp;rft.date=2014-03-06&amp;rft_id=http%3A%2F%2Fwww.suncorpgroup.com.au%2Fsites%2Fdefault%2Ffiles%2Ffm%2Fdocuments%2FCSR%2FOrg%2520Chart7%2520A3%2520Main%2520Oper%2520incl%2520AML%2520%28GILC%2520eff%252006Mar15%29.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3ASuncorp+Group" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Suncorp_Group&amp;action=edit&amp;section=15" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><span class="official-website"><span class="url"><a rel="nofollow" class="external text" href="http://suncorpgroup.com.au">Official website</a></span></span> <span class="mw-valign-text-top" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q2366028#P856" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span></li> <li><a rel="nofollow" class="external text" href="https://onesearch.slq.qld.gov.au/permalink/61SLQ_INST/tqqf2h/alma99183896319202061">Suncorp Group digital story and oral history: Queensland Business Leaders Hall of Fame 2016</a>, <a href="/wiki/State_Library_of_Queensland" title="State Library of Queensland">State Library of Queensland</a></li></ul> <div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist .mw-empty-li{display:none}.mw-parser-output .hlist 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title="Australia">Australia</a>&#160;&#160;&#160;→ <small><a href="/wiki/S%26P/ASX_200" title="S&amp;P/ASX 200">S&amp;P/ASX 200</a></small></div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div>As of 28 April 2021</div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Afterpay" title="Afterpay">Afterpay</a></li> <li><a href="/wiki/Aristocrat_Leisure" title="Aristocrat Leisure">Aristocrat Leisure</a></li> <li><a href="/wiki/Amcor" title="Amcor">Amcor</a></li> <li><a href="/wiki/Auckland_Airport" title="Auckland Airport">Auckland Airport</a></li> <li><a href="/wiki/ANZ_Bank" class="mw-redirect" title="ANZ Bank">ANZ</a></li> <li><a href="/wiki/APA_Group_(Australia)" title="APA Group (Australia)">APA</a></li> <li><a href="/wiki/Australian_Securities_Exchange" title="Australian Securities Exchange">ASX</a></li> <li><a href="/wiki/BHP" title="BHP">BHP</a></li> <li><a href="/wiki/BlueScope" title="BlueScope">BlueScope</a></li> <li><a href="/wiki/Brambles_Limited" title="Brambles Limited">Brambles</a></li> <li><a href="/wiki/Cochlear_Limited" title="Cochlear Limited">Cochlear</a></li> <li><a href="/wiki/Coles_Group" title="Coles Group">Coles Group</a></li> <li><a href="/wiki/Commonwealth_Bank" title="Commonwealth Bank">Commonwealth Bank</a></li> <li><a href="/wiki/CSL_Limited" title="CSL Limited">CSL</a></li> <li><a href="/wiki/Dexus" title="Dexus">Dexus</a></li> <li><a href="/wiki/Endeavour_Group" title="Endeavour Group">Endeavour Group</a></li> <li><a href="/wiki/Fortescue_(company)" title="Fortescue (company)">Fortescue</a></li> <li><a href="/wiki/Fisher_%26_Paykel_Healthcare" title="Fisher &amp; Paykel Healthcare">Fisher &amp; Paykel Healthcare</a></li> <li><a href="/wiki/Goodman_Group" title="Goodman Group">Goodman</a></li> <li><a href="/wiki/Insurance_Australia_Group" title="Insurance Australia Group">IAG</a></li> <li><a href="/wiki/James_Hardie" class="mw-redirect" title="James Hardie">James Hardie</a></li> <li><a href="/wiki/Macquarie_Group" title="Macquarie Group">Macquarie Group</a></li> <li><a href="/wiki/Magellan_Financial_Group" title="Magellan Financial Group">Magellan Global Fund</a></li> <li><a href="/wiki/Mirvac" title="Mirvac">Mirvac</a></li> <li><a href="/wiki/Mineral_Resources" title="Mineral Resources">Mineral Resources</a></li> <li><a href="/wiki/National_Australia_Bank" title="National Australia Bank">National Australia Bank</a></li> <li><a href="/wiki/Northern_Star_Resources" title="Northern Star Resources">Northern Star Resources</a></li> <li><a href="/wiki/QBE_Insurance" title="QBE Insurance">QBE Insurance</a></li> <li><a href="/wiki/REA_Group" title="REA Group">REA Group</a></li> <li><a href="/wiki/Reece_Group" title="Reece Group">Reece Group</a></li> <li><a href="/wiki/ResMed" title="ResMed">ResMed</a></li> <li><a href="/wiki/Ramsay_Health_Care" title="Ramsay Health Care">Ramsay Health Care</a></li> <li><a href="/wiki/Rio_Tinto_(corporation)" title="Rio Tinto (corporation)">Rio Tinto</a></li> <li><a href="/wiki/Santos_Limited" title="Santos Limited">Santos</a></li> <li><a href="/wiki/Scentre_Group" title="Scentre Group">Scentre Group</a></li> <li><a href="/wiki/SEEK" title="SEEK">Seek</a></li> <li><a href="/wiki/Sonic_Healthcare" title="Sonic Healthcare">Sonic Healthcare</a></li> <li><a href="/wiki/South32" title="South32">South32</a></li> <li><a href="/wiki/Stockland" title="Stockland">Stockland</a></li> <li><a href="/wiki/Suncorp" class="mw-redirect" title="Suncorp">Suncorp</a></li> <li><a href="/wiki/Sydney_Airport_Holdings" title="Sydney Airport Holdings">Sydney Airport Holdings</a></li> <li><a href="/wiki/Tabcorp" title="Tabcorp">Tabcorp</a></li> <li><a href="/wiki/Telstra" title="Telstra">Telstra</a></li> <li><a href="/wiki/TPG_Telecom" title="TPG Telecom">TPG Telecom</a></li> <li><a href="/wiki/Transurban" title="Transurban">Transurban</a></li> <li><a href="/wiki/Wesfarmers" title="Wesfarmers">Wesfarmers</a></li> <li><a href="/wiki/Westpac" title="Westpac">Westpac</a></li> <li><a href="/w/index.php?title=WiseTech_Global&amp;action=edit&amp;redlink=1" class="new" title="WiseTech Global (page does not exist)">WiseTech Global</a></li> <li><a href="/wiki/Woodside_Energy" title="Woodside Energy">Woodside Energy</a></li> <li><a href="/wiki/Woolworths_Group_(Australia)" title="Woolworths Group (Australia)">Woolworths</a></li> <li><a href="/wiki/Xero_(company)" title="Xero (company)">Xero</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Banking_in_Australia" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Banking_in_Australia" title="Template:Banking in Australia"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Banking_in_Australia" title="Template talk:Banking in Australia"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Banking_in_Australia" title="Special:EditPage/Template:Banking in Australia"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Banking_in_Australia" style="font-size:114%;margin:0 4em"><a href="/wiki/Banking_in_Australia" title="Banking in Australia">Banking in Australia</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Central_bank" title="Central bank">Central bank</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Reserve_Bank_of_Australia" title="Reserve Bank of Australia">Reserve Bank of Australia</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Local banks</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Big_Four_(banking)#Australia" title="Big Four (banking)">Big Four</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/ANZ_(bank)" title="ANZ (bank)">ANZ</a> <ul><li><a href="/wiki/Suncorp_Bank" title="Suncorp Bank">Suncorp Bank</a></li></ul></li> <li><a href="/wiki/Commonwealth_Bank" title="Commonwealth Bank">Commonwealth Bank</a> <ul><li><a href="/wiki/Bankwest" title="Bankwest">Bankwest</a></li></ul></li> <li><a href="/wiki/National_Australia_Bank" title="National Australia Bank">National Australia Bank</a> <ul><li><a href="/wiki/UBank" title="UBank">UBank</a></li></ul></li> <li><a href="/wiki/Westpac" title="Westpac">Westpac</a> <ul><li><a href="/wiki/Bank_of_Melbourne_(2011)" title="Bank of Melbourne (2011)">Bank of Melbourne</a></li> <li><a href="/wiki/BankSA" title="BankSA">BankSA</a></li> <li><a href="/wiki/St.George_Bank" title="St.George Bank">St.George Bank</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Retail_banking" title="Retail banking">Other retail</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Alex_Bank" title="Alex Bank">Alex Bank</a></li> <li><a href="/wiki/AMP_Limited" title="AMP Limited">AMP</a></li> <li><a href="/wiki/Auswide_Bank" title="Auswide Bank">Auswide Bank</a></li> <li><a href="/wiki/Judo_Bank" title="Judo Bank">Judo Bank</a></li> <li><a href="/wiki/Macquarie_Group" title="Macquarie Group">Macquarie Bank</a></li> <li><a href="/wiki/Bank_of_Queensland" title="Bank of Queensland">Bank of Queensland</a> <ul><li><a href="/wiki/ME_Bank" title="ME Bank">ME Bank</a></li> <li><a href="/wiki/Virgin_Money_Australia" title="Virgin Money Australia">Virgin Money</a></li></ul></li> <li><a href="/wiki/Bendigo_%26_Adelaide_Bank" class="mw-redirect" title="Bendigo &amp; Adelaide Bank">Bendigo &amp; Adelaide Bank</a> <ul><li><a href="/wiki/Up_(Australian_bank)" title="Up (Australian bank)">Up</a></li></ul></li> <li><a href="/wiki/Tyro_Payments" class="mw-redirect" title="Tyro Payments">Tyro Payments</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Cooperative_banking" title="Cooperative banking">Member-owned</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Australian_Unity" title="Australian Unity">Australian Unity</a></li> <li><a href="/wiki/Bank_Australia" title="Bank Australia">Bank Australia</a></li> <li><a href="/wiki/Bank_First" title="Bank First">Bank First</a></li> <li><a href="/wiki/BankVic" title="BankVic">BankVic</a></li> <li><a href="/wiki/Beyond_Bank_Australia" title="Beyond Bank Australia">Beyond Bank Australia</a></li> <li><a href="/wiki/Cairns_Bank" title="Cairns Bank">Cairns Bank</a></li> <li><a href="/wiki/Community_First_Bank" title="Community First Bank">Community First Bank</a></li> <li><a href="/wiki/Credit_Union_SA" title="Credit Union SA">Credit Union SA</a></li> <li><a href="/wiki/Cuscal" title="Cuscal">Cuscal</a></li> <li><a href="/wiki/Great_Southern_Bank" title="Great Southern Bank">Great Southern Bank</a></li> <li><a href="/wiki/Heritage_Bank" title="Heritage Bank">Heritage Bank</a></li> <li><a href="/wiki/Hume_Bank" title="Hume Bank">Hume Bank</a></li> <li><a href="/wiki/IMB_Bank" title="IMB Bank">IMB</a></li> <li><a href="/wiki/MyState" class="mw-redirect" title="MyState">MyState</a></li> <li>Newcastle Greater Mutual <ul><li><a href="/wiki/Greater_Bank" title="Greater Bank">Greater Bank</a></li> <li><a href="/wiki/Newcastle_Permanent_Building_Society" class="mw-redirect" title="Newcastle Permanent Building Society">Newcastle Permanent</a></li></ul></li> <li><a href="/wiki/P%26N_Bank" title="P&amp;N Bank">P&amp;N Bank</a></li> <li><a href="/wiki/People_First_Bank" title="People First Bank">People First Bank</a> <ul><li><a href="/wiki/Heritage_Bank" title="Heritage Bank">Heritage Bank</a></li> <li><a href="/wiki/People%27s_Choice_Credit_Union" title="People&#39;s Choice Credit Union">People's Choice</a></li></ul></li> <li><a href="/wiki/Police_Bank" title="Police Bank">Police Bank</a></li> <li><a href="/wiki/Qudos_Bank" title="Qudos Bank">Qudos Bank</a></li> <li><a href="/wiki/Royal_Automobile_Club_of_Queensland" title="Royal Automobile Club of Queensland">RACQ Bank</a></li> <li><a href="/wiki/Regional_Australia_Bank" title="Regional Australia Bank">Regional Australia Bank</a></li> <li><a href="/wiki/Teachers_Mutual_Bank" title="Teachers Mutual Bank">Teachers Mutual Bank</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/De-banking" title="De-banking">Defunct</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Volt_Bank" title="Volt Bank">Volt Bank</a></li> <li><a href="/wiki/Xinja" title="Xinja">Xinja</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Foreign banks</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Arab_Bank" title="Arab Bank">Arab Bank</a></li> <li><a href="/wiki/Bank_of_China" title="Bank of China">Bank of China</a></li> <li><a href="/wiki/Bank_of_Beirut" title="Bank of Beirut">Bank of Beirut</a></li> <li><a href="/wiki/Heartland_Bank" title="Heartland Bank">Heartland Bank</a></li> <li><a href="/wiki/HSBC_Bank_Australia" title="HSBC Bank Australia">HSBC</a></li> <li><a href="/wiki/ING_Australia" title="ING Australia">ING</a></li> <li><a href="/wiki/Rabobank" title="Rabobank">Rabobank</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Non-bank lenders</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Aussie_(financial_group)" title="Aussie (financial group)">Aussie</a></li> <li><a href="/wiki/Latitude_Financial_Services" title="Latitude Financial Services">Latitude</a></li> <li><a href="/wiki/La_Trobe_Financial" title="La Trobe Financial">La Trobe Financial</a></li> <li><a href="/wiki/Mortgage_Choice" title="Mortgage Choice">Mortgage Choice</a></li> <li><a href="/wiki/Pepper_Money" title="Pepper Money">Pepper Money</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Bank_regulation" class="mw-redirect" title="Bank regulation">Regulators</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Australian_Securities_and_Investments_Commission" title="Australian Securities and Investments Commission">Australian Securities and Investments Commission</a></li> <li><a href="/wiki/Australian_Competition_%26_Consumer_Commission" class="mw-redirect" title="Australian Competition &amp; Consumer Commission">Australian Competition &amp; Consumer Commission</a></li> <li><a href="/wiki/Australian_Prudential_Regulation_Authority" title="Australian Prudential Regulation Authority">Australian Prudential Regulation Authority</a></li> <li><a href="/wiki/Australian_Payments_Council" title="Australian Payments Council">Australian Payments Council</a></li> <li><a href="/wiki/Australian_Payments_Network" title="Australian Payments Network">Australian Payments Network</a> <ul><li><a href="/wiki/New_Payments_Platform" title="New Payments Platform">New Payments Platform</a></li></ul></li> <li><a href="/wiki/Four_pillars_policy" title="Four pillars policy">Four pillars policy</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Inquiries</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><a href="/wiki/Royal_Commission_into_Misconduct_in_the_Banking,_Superannuation_and_Financial_Services_Industry" title="Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry">Royal Commission 2017–2019</a></div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><a href="/wiki/Category:Banks_of_Australia" title="Category:Banks of Australia">Category:Banks of Australia</a></li> <li><a href="/wiki/Economy_of_Australia" title="Economy of Australia">Economy of Australia</a></li> <li><a href="/wiki/Financial_system_in_Australia" title="Financial system in Australia">Financial system in Australia</a></li> <li><a href="/wiki/List_of_banks_in_Australia" title="List of banks in Australia">List of banks in Australia</a></li></ul> </div></td></tr></tbody></table></div> <!-- NewPP limit report Parsed by mw‐web.eqiad.main‐5dc468848‐kl49z Cached time: 20241122151437 Cache expiry: 2592000 Reduced expiry: false Complications: [vary‐revision‐sha1, 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