Tag: racq

RACQ bank launch shows way forward for competition: BCCM

RACQ bank launch shows way forward for competition: BCCM

By on September 25, 2017 in Editor's Pick, Media Releases with 0 Comments

The creation of an innovative full-service bank spun out of the RACQ shows the way forward to greater competition for the banking sector, says the CEO of the Business Council of Co-ops and Mutuals, Melina Morrison. “It shows what Australians can do with the mutual model when they have access to capital,” says Ms Morrison. […]




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RACQ announces purchase of 50% stake in TicketMates

RACQ announces purchase of 50% stake in TicketMates

By on February 2, 2017 in Editor's Pick, News with 0 Comments

RACQ, a BCCM member, has taken a 50% share in TicketMates, one of Queensland’s largest entertainment ticket retailers. RACQ Group CEO Ian Gillespie explained that the purchase was part of an ongoing diversification strategy to bring more benefits to members of the mutual. RACQ is already Australia’s largest reseller of movie tickets. Members of the […]




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World first as RACQ secures bank merger for Queensland

World first as RACQ secures bank merger for Queensland

By on November 24, 2016 in Editor's Pick, News with 0 Comments

In April, RACQ, a BCCM member, and QT Mutual Bank announced plans to establish a banking subsidiary within the RACQ Group. Last week, the merger was made official, following the completion of the final legal step of the transaction. RACQ Group CEO Ian Gillespie said the merger between a motoring body and a bank was the first […]




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Qld mutuals come together to create new force in banking

Qld mutuals come together to create new force in banking

By on April 18, 2016 in Editor's Pick, News with 0 Comments

RACQ, a BCCM member, and QT Mutual Bank today announced plans to establish a banking subsidiary within the RACQ Group, alongside its assistance, insurance and lifestyle operations which service more than 1.5 million members across Queensland. RACQ Group CEO Ian Gillespie and QT Mutual Bank CEO Steve Targett said the vision was to use the strong […]




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Australian mutuals lead in the way in global motor technology

Australian mutuals lead in the way in global motor technology

By on February 25, 2016 in Editor's Pick, News with 0 Comments

Australian motoring mutuals have joined forces to become the global leader in automotive analytics by hiring a team of 200 software developers in Australia and across the world. The drive is being led by the Royal Automobile Club of Victoria (RACV) with other Australian motoring organisations, including the NRMA, RACQ, RACWA (BCCM members), RACT and RASA also minor […]




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