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The Commonwealth Bank of Australia was established by the Commonwealth Bank Act 1911, introduced by the Andrew Fisher Labor government, which favoured bank nationalisation, with effect on 22 December 1911. [10] [11] In a rare move for the time, the bank was to have both savings and general bank business. The bank was also the first bank in ...
The BSB is a six-digit code, usually presented as nnn-nnn. Originally, the format of the BSB code was for the first two digits to indicate the "bank" and the other four digits specified the "branch" of that financial institution, the first digit of which was the state code indicating the state where the branch was located.
Its head office was designed by architect John Kirkpatrick, who was the cousin of the bank's governor. In August 1916, the building opened. In August 1916, the building opened. The building was expanded with extensions designed by E.H. Henderson and F. Hill between 1929 and 1933 along Pitt Street, and in 1966 construction was begun on an annex ...
The Gladstone Post Office remained the Commonwealth Bank's representative in Gladstone until 1921. [ 1 ] The Queensland Government Savings Bank had established a regional branch at Gladstone in June 1912 in rented premises on the eastern side of Goondoon Street, between Lord and Yarroon Streets, formerly occupied by the Commercial Banking ...
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank.There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, [1] and a large number of other financial institutions, such as credit unions, building societies and mutual banks ...
Bail revoked for Diamond District duo tied to South American burglary gang busted in Joe Burrow robbery
385 Bourke Street is a high-rise office building located in Melbourne, Australia, located at 385 Bourke Street, on the corner of Elizabeth Street. [1] It was built in 1975-1983 as the State Bank Centre, the head office of the State Bank of Victoria, which was taken over by the Commonwealth Bank of Australia in 1990. It replaced their previous ...
The Commonwealth Bank of Australia was established by legislation in 1911. The main functions of the bank were to undertake general banking and savings bank activities. In 1945 the bank's powers were formally widened to include exchange control and the administration of monetary and banking policy with the Commonwealth Bank Act and the Banking Act.