ANZ pledges to retain Suncorp brand, branches for now; Heritage Bank boss says Queenslanders will push back on bosses south of the border

It's the biggest banking deal in more than a decade - ANZ's proposal to swallow Queensland's Suncorp Bank for almost five billion dollars. 

But amid the corporate fanfare and promises to retain Suncorp's Queensland identity and to retain jobs, now comes the hard part - and that's convincing regulators and Treasurer Jim Chalmers the deal won't erode competition. 

Small Queensland mutual Heritage Bank sees opportunity as CEO Peter Lock warns Queenslanders will resist bank bosses south of the border.

Here's my report this morning on ABC Newsradio with Tom Oriti.