Liberal Party of Australia (Queensland Division) Liberal Party of Australia (Queensland Division) The Liberal Party, originally the Queensland People's Party, was a political party in Queensland, Australia, from the Second World War until 2008. Initially formed as independent body in 1943, it became the Queensland division of the Liberal Party of Australia in 1949. Based predominantly in Brisbane and other cities in Queensland, from 1957 it held power as the junior party in a coalition with the state Country Party, later the National Party, until 1983 when the Liberals broke away and went into opposition. The party formed another coalition with the Nationals that took power
Bank of Queensland owned subsidiary in 1982. In 1991 BOQ acquired Stowe Electronic Switching Pty Ltd and renamed it Queensland Electronic Switching Pty Ltd. In 1999, Bank of Hawaii bought 5.8 m shares (approx. 10%) in Bank of Queensland. Two years later Bank of Hawaii sold its 6.2 m shares and 5.4 m convertible notes in Bank of Queensland to refocus on its operations in Hawaii. BOQ acquired the equipment financing business of UFJ Bank in Australia and New Zealand in 2003. The bank also acquired ATM Solutions. In 2004, BOQ opened branches in New South Wales, Victoria, and the Australian Capital Territory.