Monthly Archives: January 2014

Bank to close branches, take on more brokers

Bank of Queensland (BoQ) says it’s looking to expand its broker network – while simultaneously closing branches – in an effort to reach a broader range of customers. In its most recent strategy update, BoQ group executive, retail banking Matt Baxby, says the broker channel represents a ‘significant source of growth’ and that there are […]

Home finance commitments surge – The Advisor

Although housing finance commitments remain below the decade average, the rate is gradually rising according to a new report from CommSec. The State of the States October 2013 report shows housing finance commitments in every state except the ACT, Western Australia and Victoria are below the decade-average level. However, all states recorded a rise in […]