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AAP
AAP
Business
Derek Rose

ANZ, Suncorp agree to major investments in Queensland

ANZ and Suncorp's commitments to Queensland investment are conditional on the banking arm sale. (Joel Carrett/AAP PHOTOS) (AAP)

ANZ and Suncorp have agreed to make significant investments in Queensland as part of ANZ's $4.9 billion plan to acquire Suncorp Bank.

ANZ on Friday said it had agreed to establish a major tech hub in Brisbane and hire or place 700 people there over five years.

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