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Qudos Bank
Qudos Mutual Limited, t/a Qudos Bank, is an Australian mutual bank that provides retail banking products and services, including home loans, personal loans, car loans, credit cards, savings, financial planning assistance and foreign exchange. Qudos Bank is an unlisted public company owned by its customers and their elected ten board members. It operates seven branches across Australia. As of October 2020, Qudos Bank's market share in the Australian domestic market was 0.2% of household lending balances and 0.3% of household deposit balances. History Early history A group of 14 Sydney-based Qantas employees met on 19 August 1959 and resolved to lodge an application to register the Qantas Staff Co-operative Credit Union Limited. The organisation received its registration on 10 September 1959 and began operating on 1 November of the same year. Membership was initially restricted to Qantas employees based in Sydney, although by 1964, employees of British Airways and Air New Zea ...
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Cooperative Banking
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. A 2013 report by ILO concluded that cooperative banks outperformed their competitors during the financial crisis of 2007–2008. The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7% of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report. Credit unions in the US had five times lower failure ...
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Mascot, New South Wales
Mascot is a suburb in the Inner-South of Sydney, in the state of New South Wales, Australia. Mascot is located 7 kilometres south of the Sydney central business district and is one of the administrative centres of the Bayside Council. A small part of Mascot is located in the Inner West Council. Mascot is on the north-west side of Botany Bay and contains Sydney Airport. History The first land grants in the area were made in 1835, with market gardening being the main land use. Subdivision followed the construction of Botany Road in 1875 and a municipality known as North Botany was formed in 1888. A racecourse operated in this area in 1904 on land that was formerly owned by the Australian Golf Club. The race course was known as Ascot, named after its famous counterpart in England. Residents wanted the area to have an individual identity and a referendum was held in 1911 to choose between Ascot, and Booralee. An objection from the postal authorities to the use of 'Ascot' led ...
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Trade Name
A trade name, trading name, or business name, is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is a "fictitious" business name. Registering the fictitious name with a relevant government body is often required. In a number of countries, the phrase "trading as" (abbreviated to t/a) is used to designate a trade name. In the United States, the phrase "doing business as" (abbreviated to DBA, dba, d.b.a., or d/b/a) is used, among others, such as assumed business name or fictitious business name. In Canada, "operating as" (abbreviated to o/a) and "trading as" are used, although "doing business as" is also sometimes used. A company typically uses a trade name to conduct business using a simpler name rather than using their formal and often lengthier name. Trade names are also used when a preferred name cannot be registered, often because it may already be registered or is too similar to a name that is a ...
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Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from co ...
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Qantas
Qantas Airways Limited ( ) is the flag carrier of Australia and the country's largest airline by fleet size, international flights, and international destinations. It is the world's third-oldest airline still in operation, having been founded in November 1920; it began international passenger flights in May 1935. ''Qantas'' is an acronym of the airline's original name, Queensland and Northern Territory Aerial Services, as it originally served Queensland and the Northern Territory, and is popularly nicknamed "The Flying Kangaroo". Qantas is a founding member of the Oneworld airline alliance. The airline is based in the Sydney suburb of Mascot, adjacent to its main hub at Sydney Airport. , Qantas had a 65 per cent share of the Australian domestic market and carried 14.9 per cent of all passengers travelling into and out of Australia. Various subsidiary airlines operate to regional centres and on some trunk routes within Australia under the QantasLink banner. Qantas also owns Je ...
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British Airways
British Airways (BA) is the flag carrier airline of the United Kingdom. It is headquartered in London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ..., England, near its main Airline hub, hub at Heathrow Airport. The airline is the second largest UK-based carrier, based on fleet size and passengers carried, behind easyJet. In January 2011 BA merged with Iberia (airline), Iberia, creating the International Airlines Group (IAG), a holding company registered in Madrid, Spain. IAG is the world's third-largest airline group in terms of annual revenue and the second-largest in Europe. It is listed on the London Stock Exchange and in the FTSE 100 Index. British Airways is the first passenger airline to have generated more than US$1 billion on a single air route in a year (from 1 Apr ...
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Air New Zealand
Air New Zealand Limited () is the flag carrier airline of New Zealand. Based in Auckland, the airline operates scheduled passenger flights to 20 domestic and 30 international destinations in 18 countries, primarily around and within the Pacific Rim. The airline has been a member of the Star Alliance since 1999. Air New Zealand succeeded Tasman Empire Airways Limited on 1 April 1965. The airline served only international routes until 1978, when the government merged it and the domestic New Zealand National Airways Corporation (NAC) into a single airline under the Air New Zealand name. Air New Zealand was privatised in 1989, but returned to majority government ownership in 2001 after near bankruptcy due to a failed tie up with Australian carrier Ansett Australia. In the 2017 financial year to June, Air New Zealand carried 15.95 million passengers. Air New Zealand's route network focuses on Australasia and the South Pacific, with long-haul flight services to eastern Asia and Nor ...
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Kudos
Kudos may refer to: Arts and media * ''Kudos'' (computer game), a life simulation game produced by Positech Games * Kudos (production company), a UK-based film and television production company * Kudos, a fictional currency used by the Dwellers in ''The Algebraist'' Other uses * Kudos (computer program), a vocational-counseling computer program * Kudos (granola bar), a brand of chocolate-covered cereal bar * Kudos, praise and honor received for an achievement See also * Cudos (other) Cudos may refer to: * Cudos, Gironde, a town in France * Centre for Ultrahigh Bandwidth Devices for Optical Systems or CUDOS, an Australian research consortium *Mertonian norms, principles of modern science in Robert K. Merton's 1973 work ''The Nor ... * Kudus (other) * * {{disambiguation ...
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Sydney Entertainment Centre
Sydney Entertainment Centre (later known as Qantas Credit Union Arena) was a multi-purpose arena located in Haymarket, Sydney, Australia. It opened in May 1983, to replace Sydney Stadium, which had been demolished in 1970 to make way for the Eastern Suburbs railway line. The centre was owned by the Sydney Harbour Foreshore Authority, which administered the neighbouring Darling Harbour area, and managed under a lease. It was one of Sydney's larger concert venues, licensed to accommodate over 13,000 people as a conventional theatre or 8,000 as a theatre-in-the-round. It was the largest permanent concert venue in Sydney until 1999, when the Sydney Super Dome opened at Sydney Olympic Park. The venue averaged attendances of 1 million people each year and hosted concerts, family shows, sporting events and corporate events. It was demolished in 1 January 2016. Construction Sydney Entertainment Centre was built by John Holland Group and opened in 1983. Notable events In December ...
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Sydney Super Dome
The Sydney SuperDome (currently known as the Qudos Bank Arena) is a large multipurpose arena located in Sydney, Australia. It is situated in Sydney Olympic Park, and was completed in 1999 as part of the facilities for the 2000 Summer Olympics. The A$190million facility was designed by COX Architecture & Devine deFlon Yaeger, and constructed by Abigroup and Obayashi Corporation. Bob Carr, premier of New South Wales, officially opened the stadium in November 1999. The development of the stadium was part of three subsites which also included a 3,400-space carpark which cost A$25 million, and a plaza with external works, also costing $25 million. The roof's masts reach above ground level, and the stadium occupies a site of . The arena is ranked in the top 10 arenas worldwide. It is currently managed by AEG Ogden. For three consecutive years the venue was a finalist for the Billboard Touring Awards in the top venue category. The arena has a total capacity of 21,032 with a seati ...
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Credit Unions Of Australia
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from past ...
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Banks Established In 1959
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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