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Federal Approval Clears Path for MyState-Auswide Merger

7:03pm on Monday 2nd of June, 2025 AEST Financial Services
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Federal Approval Clears Path for MyState-Auswide Merger

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Federal Treasurer approves MyState-Auswide merger under Financial Sector Act
  • Merger aims to build a stronger, larger regional bank with scale advantages
  • MyState CEO Brett Morgan to lead merged group; Auswide Chair Sandra Birkensleigh to lead board
  • Shareholder and Supreme Court approvals remain before completion
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