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Banksia Securities to close 47 jobs lost

McGrathNicol, receivers of Banksia Securities today announced Banksia Securities branches will close and 47 staff will lose their jobs.

November 13, 2012 5:49pm

Banksia Securities branches in Shepparton, Kyabram Tatura and Echuca will close and 47 staff will lose their jobs.

McGrathNicol, receivers of Banksia Securities, today announced its ‘‘rationalisation of staff and operations’’ after a detailed review by Banksia Financial Group management of the group’s operations.

More in tomorrow’s News.

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