Reserve Bank of Australia
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.
Reserve Bank of Australia Building, Sydney
H. C. Coombs is the only governor to have headed both the Commonwealth Bank and the Reserve Bank of Australia.
One ex officio member of the board is the Secretary to the Treasury (Treasury Department building seen here in Canberra).
Prime Minister Andrew Fisher's government created a commercial bank owned by the government, but not a central bank.
The Commonwealth Bank of Australia (CBA), or CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States, and the United Kingdom. It provides a variety of financial services, including retail, business and institutional banking, funds management, superannuation, insurance, investment, and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of August 2015, with brands including Bankwest, Colonial First State Investments, ASB Bank, Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure).
Its former constituent parts were the Commonwealth Trading Bank of Australia, the Commonwealth Savings Bank of Australia, and the Commonwealth Development Bank.
1 Darling Park Headquarters, Sydney
The Commonwealth Trading Bank Building (1916-1960)
48 Martin Place; the Commonwealth Bank's headquarters from 1990-2009
The Commonwealth Bank's secondary headquarters at Darling Quarter
