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Commonwealth Banking Corporation (1960 - 1984)

From
1960
To
1984

Summary

In 1959 the Menzie's government enacted the Commonwealth Bank Act 1959 and the Reserve Bank Act 1959. These acts formally separated the central banking function from the Commonwealth Bank of Australia. The act came into effect in 1960.

The central bank functions transferred to the Reserve Bank of Australia and the Commonwealth Bank of Australia with a new name the Commonwealth Banking Corporation continued trading and savings bank activities.

In 1984 the bank's name changed to the Commonwealth Bank of Australian.

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Timeline

 1856 - 1865 Moreton Bay Savings Bank
 1861 - 1866 Ipswich Savings Bank
 1862 - 1867 Toowoomba Savings Bank
 1863 - 1908 Post Office Savings Bank of Western Australia
       1863 - 1926 Government Savings Bank of Western Australia
       1865 - 1916 Government Savings Bank of Queensland
       1882 - 1901 Post Office Savings Bank of Tasmania
             1901 - 1913 State Savings Bank of Tasmania
             1907 - 1931 Government Savings Bank of New South Wales
             1916 - 1920 Queensland Government Savings Bank
             1926 - 1931 State Savings Bank of Western Australia
                   1912 - 1960 Commonwealth Bank of Australia [I]
                         1960 - 1984 Commonwealth Banking Corporation
                               1984 - Commonwealth Bank of Australia [II]

Archival resources

Commonwealth Bank Documentation and Archives Centre

  • Commonwealth Bank of Australia [II] records; Commonwealth Bank Documentation and Archives Centre. Details

Published resources

Books

  • Matthews, J, The Commonwealth Banking Corporation; Its background, history and present operations, Commonwealth Banking Corporation, Sydney, 1980, 88 pp. Details
  • Phillips, Bronwyn and Hock, Peter, 100 Years Together, Focus Publishing Pty Ltd, North Sydney, New South Wales, 2011, 233 pp. Details

Bruce A. Smith

Created: 24 February 2000, Last modified: 14 October 2010