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



Federal grants for 18 community organisations

Nationals candidate for Page Kevin Hogan

Clarence Valley volunteers to benefit from funding

Fears woman, 62, will lose foot after motorbike crash

Several motorbikes were knocked over in a serious accident on the Pacific Hwy at Halfway Creek.

Westpac chopper called in after Pacific Hwy accident.

Mayor slams call to bring in administrator

Clarence Valley Council mayor Jim Simmons.

Mayor calls for "more ticker" to get Valley finances in shape

Local Partners

Federal grants for 18 community organisations

MEMBER for Page Kevin Hogan announces Federal grants for 18 community organisations in the Clarence Valley


NRRRL: Magpies on a mission for home fans

ON A MISSION: Captain- coach Dan Randall hopes to lead Lower Clarence Magpies to their first victory of the 2017 NRRRL season when they run out in front of their home fans against Evans Head Bombers at the Nest this Sunday.

Lower Clarence ready for another cracker at the Nest

Polocrosse hits fever pitch at Hawthorne Park

ALL SYSTEMS GO: This weekend Grafton Polocrosse Club hosts its first annual carnival at Hawthorne Park since the club re-formed.

New lease of life in the Clarence Valley for equestrian team sport

Support for Kara's treadmill marathon explodes

Former Grafton and now NSW cricketer Kara Sutherland bowling to cricket legend Sir Viv Richards. Photo: MARK NEWSHAM

Support for treadmill marathon thrills organiser Kara Sutherland.

HBO spills new details on Game of Thrones’ final season

JUST ahead of the premiere of Game of Thrones season 7, we’ve been given new details about what to expect from the eighth and final instalment.

Karl’s rant on Corby: ‘Made to look like idiots’

Karl Stefanovic is sick of hearing about Schapelle Corby.

Today co-host launched a tirade against Schapelle Corby media circus

Shot at the live shows slips through Sally's fingers

Sally Skelton and Bojesse Pigram pictured after their battle performance on The Voice.

Sunshine Coast singer's dramatic elimination from The Voice

Ben Stiller and Christine Taylor split after 17 years

They were married in May 2000 and have two children, who they said will remain their priority.

Ben Stiller and his wife Christine Taylor have called it a day

Why The Voice hasn't produced a star

Boy George responds to Brittania Clifford-Pugh's heart-warming message.

It's the industry, not the show, says Boy George

These actors hated their movies and didn’t mind admitting it

Channing Tatum and Marlon Wayans in a scene from GI Joe: The Rise of Cobra.

Every year, Hollywood blesses us with plenty of God awful movies.

Miranda Kerr and fiance hang up backyard tent for wedding

The decorators and caterers are arriving for the final preparations for the wedding of Miranda Kerr and Evan Spiegel. Pictures: Splash

Evan Spiegel and Miranda Kerr are set to marry today

This is real estate's billion-dollar man

Bob Wolff at AREC with John McGrath of McGrath Real Estate.

They don’t call him the “Billion dollar man” for nothing

Man's amazing comeback from monster crisis

Pat O'Driscoll agents Penny Keating and Doug Webber sold 56 Agnes St, The Range at auction over the weekend.

NOT long ago, he sold his possessions to pay staff. Now he's back.

How Toowoomba house prices compare in Australia

For sale sign in front of home.

Here's what $700,000 will buy you in Toowoomba, Brisbane and Sydney

One of Maryborough's most historic homes is still for sale

FULL OF HISTORY: Trisha Moulds is owner of the historic Tinana state known as Rosehill. The beautiful home is currently for sale.

It has been the scene of both joy and tragedies over the years.

The face of the Sunshine Coast's overpriced rental crisis

Alyx Wilson had to rent a $385 unit in Currimundi because the market was too competitive for cheaper rental housing. She is now renting a room from friends who own a house in Currimundi, and says its much more affordable.

Young people feel the strain in competitive, expensive rental market

Ready to SELL your property?

Post Your Ad Here!