Mackay, Queensland Mackay, Queensland Mackay () is a city and its centre suburb in the Mackay Region on the eastern coast of Queensland, Australia. It is located about north of Brisbane, on the Pioneer River. Mackay is nicknamed the sugar capital of Australia because its region produces more than a third of Australia's sugar. There is controversy about the location of the region for administrative purposes, with most people referring to it as a part of either Central Queensland or North Queensland. Indeed, much confusion lies within the Queensland Government, with government services being provided through both Townsville (North Queensland) and Rockhampton
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.