Reserve Bank of Australia
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The Reserve Bank of Australia 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 functio
Reserve Bank of Australia Building, Sydney
H. C. Coombs was 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.
Commonwealth Bank
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The Commonwealth Bank of Australia, also known as Commonwealth Bank or simply CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United K
Reserve Bank of Australia
…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. The Bank's duty is to contribute to the stability of the currency, full employment, and the economic prosperity and welfare of the Australian people…
Headquarters at Commonwealth Bank Place in Sydney
The Commonwealth Trading Bank Building (1916-1960)
48 Martin Place; the Commonwealth Bank's headquarters from 1990 to 2009
Tower 1, 201 Sussex Street; headquarters from 2010 to 2022 and now a secondary head office