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AAP

Savannah Meacham and Kaaren Morrissey

Greenlight for ANZ's takeover of Suncorp's banking arm

ANZ Suncorp Suncorp Bank Jim Chalmers

The treasurer has given the green light to ANZ's plan to buy Suncorp's banking arm. (Dave Hunt/AAP PHOTOS)

ANZ's acquisition of insurer Suncorp's banking arm has been given the green light.

But it must follow strict conditions to protect national interests, the federal treasurer says.

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