The merger between The Rock Building Society and MyState was finalised yesterday when the Supreme Court of Queensland approved the deal. The Rock's shareholders gave the merger strong backing at a meeting on Monday, at which 96 per cent of the votes cast were in favour. The merged entity, with $2.85 billion of loans, will rank as the seventh largest non-bank approved deposit-taking institution in Australia. Commonwealth Bank executive David Lane has taken on the CEO role at new CBA subsidiary Count Financial. He will replace Andrew Gale. Lane joined CBA in March 2011 as general manager, strategic development wealth management. A number of finance industry leaders have met with Treasurer Wayne Swan to discuss the likely Australian impact of the eurozone crisis. The Australian Financial Review reported  that members of the Financial Services Advisory Council meeting Swan included Westpac CEO Gail Kelly, Macquarie Bank's Richard Sheppard and Bendigo & Adelaide Bank's Mike Hirst. The consensus of the meeting was that Australia was relatively insulated from the crisis but would suffer with other nations if the crisis affected world economic growth, the paper reported. Home loan brokers Smartline and The Mortgage Gallery will merge from April 2012, The Adviser reported. The combined group will have more than 240 franchise owners settling A$4 billion in loans per year, with a combined loan book in excess of $17 billion. The International Monetary Fund says European growth has slowed sharply and it will probably lower its global economic growth forecasts in January, but it does not expect a new US recession. Debt collection giant Dun & Bradstreet's chief executive for Australia, New Zealand and India has has backed the Australian government's planned restrictions on so-called payday lending. The Australian reports Christine Christian called new legislation "a very responsible change" which "was a long time coming". The legislation limits interest payable on short-term loans.