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A New Partnership for Qantas Credit Union

We're very pleased to announce an exciting new venture for Qantas Credit Union; an opportunity that will see our ‘name up in lights’ and allow us to become a more highly recognised brand within Sydney and indeed Australia.

As of the 20 January, the iconic Sydney Entertainment Centre will be known as ‘Qantas Credit Union Arena’.

This naming rights opportunity comes as AEG Ogden (the leading venue management company in the Asia Pacific region) assumes responsibility to operate the venue until the end of 2015.

It’s a venue which has hosted world-class events in the Harbour City for more than 30 years, stagging over 4,000 events, entertaining over 26 million fans.

This partnership has guaranteed that the venue is able to remain open while the incredible, new “Darling Harbour Live” development is being built. Essentially, we have allowed Sydney to keep its very special home for music and entertainment for the next two years.

We won’t be the first to own the naming rights to a venue. In fact, we’re following in the footsteps of many major venues in Australia and around the world, such as Allphones Arena (Sydney), Mercedes Benz Arena (Shanghai) and Etihad Stadium (Melbourne). All these organisations and their customers have benefited enormously in many different ways through these partnerships. We are confident of doing the same.  

What will we gain?

Partnering with such an important Sydney icon will give us the opportunity to spread the word about our strength in the financial marketplace. In particular, that Australians can get a better deal for their banking with us at Qantas Credit Union.

It’s a great growth opportunity for us too - the more we grow, the more we can give back in the way of highly competitive interest rates, fairer fees and continuing our outstanding service to customers.

As a fundamental benefit of this partnership, we have the opportunity to give back to our customers with a number of promotional opportunities. These include access to an exclusive Member lounge and the ability to host corporate events at the Arena. This is in addition to ad hoc special offers, prizes and amazing “Can’t buy VIP experiences”.

Please find the below FAQ’s to assist in answering any queries you have relating to our new partnership. If you have any further questions, please contact us.

FAQs

Why is the Qantas Credit Union (QCU) partnering with the Sydney Entertainment Centre?

It‘s an opportunity to spread the word about our strength in the financial marketplace, where Australians can get a better deal for their banking. The partnership additionally provides a great chance to give back to our customers with an exciting range of promotional opportunities throughout the two year term.

This opportunity arose as a result of AEG Ogden (a leading venue management company in the Asia Pacific region) assuming responsibility to operate the venue until the end of 2015 while the new “Darling Harbour Live” development is being built.

By committing to this partnership, we have strengthened the venue’s financial viability for the next two years. Through this exciting initiative, it has absolutely guaranteed that all Sydney residents can enjoy a much loved music and entertainment venue for the next two years.

We're not the first brand to own the naming rights of a venue.  We’re following in the footsteps of many major venues in Australia and around the world, including Allphones Arena (Sydney), The O2 (London), Staples Center (Los Angeles), Mercedes Benz Arena (Shanghai), and Etihad Stadium (Melbourne).  These agreements have benefited the venue, the brand and the fan – we are confident that this partnership will be no different.  

Will this partnership have any impact on what events are staged there and how the venue is operated?

Absolutely not. As with all the venues they manage domestically and globally, AEG Ogden is totally committed to maximizing the amount of quality events that are held at the Sydney Entertainment Centre. Additionally, AEG Ogden is focused on increasing the ‘fan experience’ on event days. This new partnership can only assist the above objectives.

What happens at the end of 2015?

Assuming the Darling Harbour Live project timelines continue as expected, the building will be closed as of the end of 2015. The incredible new precinct will include a spectacular new 8,000 seat theatre and is scheduled to be open to the public by early 2017. 

What’s in it for customers?

Partnering with such an important Sydney icon will give us the opportunity to spread the word about our strength in the financial marketplace. In particular, a key message can be communicated - that Australians can get a better deal for their banking with us at Qantas Credit Union.

As a crucial benefit of this partnership, we also have the opportunity to give back to our customers with a number of promotional opportunities including access to an exclusive Member lounge and the ability to host corporate events at the Arena. This is in addition to providing ad hoc special offers, prizes and exclusive “Can’t buy VIP experiences”.

It’s a great growth opportunity for us too - the more we grow, the more we can give back in the way of highly competitive interest rates, fairer fees, and continuing the outstanding service that makes us easy to bank with.

Who can join Qantas Credit Union?

Any Australian resident can get a great deal more for their banking.  Membership is open to anyone who works (or has ever worked) in the travel/hospitality, aviation or transport/logistics industries, or in the government sector. It’s also open to relatives of customers and, perhaps more importantly, any customer (including our employees) can nominate any other person to join.

Is Qantas Credit Union owned by Qantas?

Qantas Credit Union is a mutual organisation, owned and controlled by our 90,000 customers. Our association with Qantas Airways is based on our history together and the large number of its employees who bank with us - this is a fact that we are very proud of.

How big is Qantas Credit Union?

Qantas Credit Union continues to be one of the largest and most financially secure credit unions in Australia. With over 90,000 customers we have an A2 investment grade credit rating and a strong financial position.  Our recent financial results announced for 2013, report a strong year with growth in our deposits by 6.6% to $2.43 billion, growth in our loan book by 11.6% to $2.14 billion, and over $2.79 billion in total assets.

Further questions?

If you have any further enquires please contact us