7 July 2012

It's a Commonwealth Bank Centenary of Canberrra

| johnboy
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The Centenary people are letting us know that the Commonwealth Bank is sponsoring them:

“The Commonwealth Bank and Canberra’s history are intertwined through the iconic figure of then Home Affairs Minister King O’Malley who was instrumental in creating Australia’s first national banking institution as well as the selection of the winning design for the new national capital,” Ms Archer said.

“There are many direct and indirect links between Canberra and the Commonwealth Bank of Australia and we are looking forward to exploring those further over the coming 18 months.

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breda said :

When I was a student in the 1970s I lived in a group house in Tench St, Kingston which was a duplex (we rented them together) originally built as residences for Commonwealth Bank managers in the 1930s. They were fantastic houses – solid double brick with large living areas, generous fireplaces, bay windows and tiled verandahs. A few similar houses still survive around Reid – ours of course was demolished to make way for units in the late 70s.

In those days, being a Commonwealth branch manager must have been a prestigious job!

I remember those days. Bank managers were honourable and respected members of the community.

By contrast, this current joke:

Q: Why is the Irish unit of currency called the Punt?

A: Because it rhymes with “bank manager”.

When I was a student in the 1970s I lived in a group house in Tench St, Kingston which was a duplex (we rented them together) originally built as residences for Commonwealth Bank managers in the 1930s. They were fantastic houses – solid double brick with large living areas, generous fireplaces, bay windows and tiled verandahs. A few similar houses still survive around Reid – ours of course was demolished to make way for units in the late 70s.

In those days, being a Commonwealth branch manager must have been a prestigious job!

Oh, the irony.

This is a great opportunity to mourn what we lost when they sold it, put those responsible in the stocks in Garema Place as part of the celebrations, and to think seriously about nationalising it or creating a new publicly-owned bank. Maybe they could fund all that.

Good to hear that the corporate sector is footing some of the bill.

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