Private company

First Australian Building Society

First Australian Building Society was a building society that operated in Queensland between 1997 and 2000.2 It is headquartered in Ipswich.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1997Founded1
  • Industrybank1
  • HeadquartersIpswich1

First Australian Building Society was a building society that operated in Queensland between 1997 and 2000.2

The story

The Ipswich & West Moreton Building Society, established in 1877, merged with the First Provincial Building Society on 4 November 1996.

First Australian was established in December 1997 with a merger of First Provincial Building Society, Northern Building Society and Sunstate Credit Union to create Queenslands largest building society.

From Wikipedia’s article on First Australian Building Society, shared under CC BY-SA 4.0.3

Products and brands

The society's main activities were retail investments and mortgages, with other services including commercial lending, consumer lending, credit card facilities and business products.

First Australian operated two brands, "Northern Building Society" in North Queensland and "First Provincial Building Society" in Southern Queensland, with a total of 48 branches and 20 agencies across Queensland, and 430 staff.

The building society was listed on the Australian Stock Exchange as "FST".

On 5 June 2000 First Australian and Bendigo Bank announced a merger and on 1 September 2001 the merger completed. Directors Neal Axelby and Terry O'Dwyer were appointed to the board of Bendigo Bank.

From Wikipedia’s article on First Australian Building Society, shared under CC BY-SA 4.0.3

Timeline

  1. 1997Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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