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FOCUS SHIFT: Tracey Barnes will oversee Bank of Queensland’s growth strategy in WA, including a return to the use of mortgage brokers. Photo: Annaliese Frank

WA key battleground for BOQ turnaround

THE Bank of Queensland will use Western Australia as a testing ground for a return to the use of mortgage brokers and a new branch model in an attempt to firm up its bottom line.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
121stDexus30%18%
140thBrickworks23%6%
205thOZ Minerals10%26%
242ndALS Industrial5%5%
364thBank of Queensland-12%13%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

45th-ALS Industrial$1,446.9m
46th-OZ Minerals$1,127.0m
47th↑Bank of Queensland$1,088.0m
48th-Dexus$876.3m
49th-Brickworks$822.9m
79 listed non wa companies ranked by revenue.
Source: Morningstar

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