Briefs: Hirst joins AMP board, NHFIC and AHURI appointments, ANZ NZ new low rate

  • Former Bendigo and Adelaide Bank chief executive Mike Hirst is joining the board of AMP Ltd, as an independent non-executive director. Hirst has several other board positions, including ASX-listed investment company Amcil Ltd, private health insurer GMBHA Ltd and fintech Butn, a business lender.

 

  • The Government has made a number of appointments to the National Housing Finance and Investment Corp and the Australian Housing and Urban Research Institute. Adrian Harrington, a senior executive at property group Charter Hall, has been appointed part-time chair and member of the board of the NHFIC. Joining him as part-time members of the board are Kelvin Ryan, former CEO of housing developer Simonds Group, and Jane Hewitt, a non-executive director of property group Mirvac. Jennifer Cunich, former CEO of the Australian Institute of Architects, has been appointed part-time chair of AHURI.

 

  • ANZ New Zealand is offering a new lower floating mortgage rate for funding new builds only. The 1.68 per cent rate will apply from July 5, and trumps ASB’s similar product, “Back my Build’ which offers a 1.79 per cent floating rate. ANZ says its new rate will be available for 24 months as the standard floating rate for new builds, and new builds that are already underway.