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Second, he has deliberately stood out of the mortgage market for the best part of two years, deciding that instead of writing home loans below BoQ’s cost of capital, he would only re-enter the ...
Owning Bank of Queensland Ltd (ASX: BOQ) stock has been a rough ride for most of the last few years. However, the recent FY25 half-year result was inspiring for the market. Banking has gone ...
Allaway has taken an axe to BoQ to reduce a bloated cost base and put it on a more sustainable foundation. Over the past year, it has terminated a model where franchisees operated branches ...
BOQ, which revealed a $183m first half cash profit, also highlighted several undercurrents in Australian banking that increasingly see vitality in the sector tilted towards the majors, as the ...
BoQ chief executive Patrick Allaway.Credit: Dan Peled The wild swings on markets have raised fears about the economic fallout from a US-China trade war, sparking speculation the Reserve Bank could ...
As BOQ ruled off a $183m first-half cash profit, beating expectations, Mr Allaway said Australia needed a long-term vision, and election cycles “don’t help that”. Mr Allaway, who has steered ...
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