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.