Dozens of jobs go at Banksia branches

NEARLY 50 people who worked for Banksia Securities received termination notices on Tuesday afternoon, as receivers started shutting down the business to return money to debenture holders.

And all of Banksia's branches in regional Victoria will close this Friday, following the collapse of the non-bank lender on October 25, receivers McGrathNicol said.

About 37 staff remain in Banksia's head offices in Kyabram and Melbourne focused on returning money to debenture holders, recovering loans and keeping up dividend payments.

 

Read more at Brisbane Times



50 years of real service: Pat Brosnan calls time from Co-op

50 years of real service: Pat Brosnan calls time from Co-op

His last week was in stark contrast to his first week back in 1968.

ANZAC DAY: Allora remembers

ANZAC DAY: Allora remembers

An intimate Anzac Day service in Allora saw hundreds turn out

Family makes Allora trip for real Anzac experience

Family makes Allora trip for real Anzac experience

Aaron Curran, a former military photojournalist spoke at the service

Local Partners