Suncorp has promoted Bruce Rush to the role of Suncorp Bank chief executive, replacing outgoing Clive van Horen. Since joining Suncorp in 2010, Rush’s roles have included executive general manager home lending and executive general manager deposits and payments. Suncorp announced the appointment in a statement to the ASX yesterday but did not provide any update on the proposed sale of Suncorp Bank to ANZ. Mortgage broking group Money Quest has acquired sub-aggregator Southern Cross Broker Network, as it looks to strengthen its position in the aggregation market. It is Money Quest’s fifth acquisition since it started in 2007. Other investments include sub-aggregator Buyers Choice, acquired in 2021, and sub-aggregator Loans Actually, acquired last year. Money Quest managing director Michael Russell said the group has an appetite for more acquisitions. Rental property portal Rent.com.au has launched a share issue to fund development of its RentPay business. It is seeking A$1.95 million through a fully underwritten entitlement issue at a 15 per cent discount to the last closing price before the announcement of the issue. RentPay, which was launched last year, allows renters to schedule rent payments, build a payment buffer and access funding when needed to meet a shortfall. RentPay has more than 6000 users and $150 million in rent has been paid through the platform.