Business

BOQ heading for full-year loss

BANK of Queensland is heading for a full-year loss, after revising down its profit forecast for the second half of the year.

The large regional bank made a first-half loss of $90.6 million, and is now forecasting a second-half net profit of $70-75 million, leaving it on track for a full-year loss around $15-20 million.

AAP is reporting that it would be the first full-year loss by an Australian bank since ANZ lost $579 million in its 1991-92 financial year.

Bank of Queensland shares fell 5.4 per cent to $7.53 by 12:29pm (AEST) on the news, in a broader market that is rising and has seen gains for all four major banks.

Read more at ABC news online.

Topics:  banking, bank of queensland, loss



A long ride to Copmanhurst campdraft

HERDING: Ben Thompson competing at the Copmanhurst Campdraft.

Copmanhurst was full of people, horses and cattle for the campdraft.

TALKING TIMBER: Transparent wood could replace glass

New technology could have profound effect on building design.

Couples wedded to Palmers Island caravan

Caravan owner Eric Lyons stands in front of the replacement van he sells hay bales from at Palmers Island, after his original van was destroyed by a storm.

Blown down in a storm, the iconic caravan on Palmers Island is back

Local Partners

Michael Palin: Terry Jones dementia is 'painful' to see

Michael Palin has found Terry Jones' decline "painful to watch"

Daniel Radcliffe hoped for haircut anonymity

Radcliffe thought shaving his head would make him more anonymous

Jim Carrey slams 'shameful greed' of lawsuit

Jim Carrey has slammed the "shameful greed" of White's ex-husband.

'Highly unlikely' Brad Pitt will face prosecution

It is highly unlikely that Brad Pitt will be prosecuted

WATCH: Justin Bieber grabbed in Germany

A video has emerged of singer Justin Bieber being attacked

Why The Wrong Girl is right for Jessica Marais

Jessica Marais and Ian Meadows in a scene from the TV series The Wrong Girl.

ACTOR makes the sometimes awkward character her own in new comedy.

UPDATE: Former rodeo champ's sale rained out, now back on

Larkhill local Ken Consiglio is having an auction of most of the things on his property.

'People kept showing up and we had to turn them away'

Couple build their own 'tiny house' for $45k

Holly Bowen and Oli Bucher built their "tiny house" themselves, only hiring a plumber and an electrician. Photo/supplied

The house, which is built on a trailer and can be towed.

Sunshine Beach property breaks real estate record

The property overlooks Sunshine Beach, as the backyard lawn meets the sand.

Sunshine Beach mansion sale smashes real estate record

NEW HOME: Agents to the rescue for family of nine

RELIEF: Tanya Cone (middle) with her kids and McKimm's Real Estate property managers Regan Firth and Nadine Greenhalgh who helped find her family a home.

DEX article prompts property managers to help family find new home

SOLD: Historic hotel finds new owner

Post Office Hotel Grafton

Photo Adam Hourigan / The Daily Examiner

Pub in new hands and heading in a brand new direction

Peppers Airlie Beach put on the market

ON THE MARKET: Peppers Airlie Beach is being for recievership sale by CBRE Hotels and PRD Nationwide Airlie Beach.

Peppers Airlie Beach is being offered for sale.