CEO Ralph Norris
2009
Banking Investment in small business
A new decade ahead Every fortnight the government paymaster drove out with his team of four mules and his boxes of money. Behind him, mounted on a mule or a camel, came the Travelling Agency of the Commonwealth Savings Bank, open for business. During the following three years this officer covered over 60,000 miles by horse, camel and mule team. Often he had to use the top of a water tank or a railway trolley for a table. Almost every worker opened a savings bank account. Many men who had never previously had more than a few pounds had saved enough to buy homes when the railway was finished. In all, 4258 accounts were opened and ÂŁ311,164 deposited. At the same time, the railway found it necessary to provide a mail service. By 1918, the workmen were asking for money order facilities so that they could send money home. The Camp Pay Train TPO Great Western Railway was set up, taking the place
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It all started in 1912, when the building of the “Trans” line began. As the railway was laid, gangs of men went ahead preparing the way.
Every fortnight the government paymaster drove out with his team of four mules and his boxes of money. Behind him, mounted on a mule or a camel, came the Travelling Agency of the Commonwealth Savings Bank, open for business. During the following three years this officer covered over 60,000 miles by horse, camel and mule team. Often he had to use the top of a water tank or a railway trolley for a table. Almost every worker opened a savings bank account. Many men who had never previously had more than a few pounds had saved enough to buy homes when the railway was finished. In all, 4258 accounts were opened and £311,164 deposited. At the same time, the railway found it necessary to provide a mail service. By 1918, the workmen were asking for money order facilities so that they could send money home. The Camp Pay Train TPO Great Western Railway was set up, taking the place of the Commonwealth Savings Bank’s travelling agent. This camp pay train consisted of a vehicle to transport a
4 | 100 years of nation building
C a s e y F e a t o n , S t ar t S m a r t F a c i l i t at o r
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Text headline More recently, the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding. For business customers, the Bank offered loan restructuring without incurring the usual establishment fees. It also waived branch service fees and prepayment charges for customers wishing to access term deposits, investment bonds and CBFC debentures ahead of their maturity dates, and offered fee-free ATMs for customers, regardless of which financial institution they banked with. Queensland floods, with three additional initiatives totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding.
6 | 100 years of nation building
S t a r t S m a r t M o n e y M an a g e m e n t W o r k s h o p
Community smart money More recently, the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding. For business customers, the Bank offered loan restructuring without incurring the usual establishment fees. It also waived branch service fees and prepayment charges for customers wishing to access term deposits, investment bonds and CBFC debentures
Chapter one | 7
It all started in 1912, when the building of the “Trans” line began. As the railway was laid, gangs of men went ahead preparing the way. Every fortnight the government paymaster drove out with his team of four mules and his boxes of money. Behind him, mounted on a mule or a camel, came the Travelling Agency of the Commonwealth Savings Bank, open for business. During the following three years this officer covered over 60,000 miles by horse, camel and mule team. Often he had to use the top of a water tank or a railway trolley for a table. Almost every worker opened a savings bank account. Many men who had never previously had more than a few pounds had saved enough to buy homes when the railway was finished. In all, 4258 accounts were opened and £311,164
8 | 100 years of nation building
ba ckyard , d l e i f d a e r h r t a C B i e n d n a Jenny Chapter one | 9
It all started in 1912, when the building of the “Trans” line began. As the railway was laid, gangs of men went ahead preparing the way. At times they were 50 miles beyond the railhead, cutting through the sand hills around Ooldea.
Every fortnight the government paymaster drove out with his team of four mules and his boxes of money. Behind him, mounted on a mule or a camel, came the Travelling Agency of the Commonwealth Savings Bank, open for business. During the following three years this officer covered over 60,000 miles by horse, camel and mule team. Often he had to use the top of a water tank or a railway trolley for a table. Almost every worker opened a savings bank account. Many men who had never previously had more than a few pounds had saved enough to buy homes when the railway was finished. In all, 4258 accounts were opened and £311,164 deposited. At the same time, the railway found it necessary to provide a mail service. By 1918, the workmen were asking for money order facilities so that they could send money home. The Camp Pay Train TPO Great Western Railway was set up, taking the place of the Commonwealth Savings Bank’s travelling agent. This camp pay train consisted of a vehicle to transport a
10 | 100 years of nation building
Tony & Jess Wannwright
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Text headline More recently, the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding. For business customers, the Bank offered loan restructuring without incurring the usual establishment fees. It also waived branch service fees and prepayment charges for customers wishing to access term deposits, investment bonds and CBFC debentures ahead of their maturity dates, and offered fee-free ATMs for customers, regardless of which financial institution they banked with. For business customers, the Bank offered loan restructuring without incurring the usual establishment fees. It also waived branch service fees and prepayment charges for customers wishing to access term deposits, investment bonds and CBFC debentures ahead of their maturity dates, and offered fee-free ATMs for customers, regardless of which financial institution they banked with.
M a r t i n P l a c e , S yd n e y
12 | 100 years of nation building
2009 lion $4 mil cy than gen More Emer ants uted in e gr distrib Assistanc
Bondi Beach Community sport More recently, the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding. For business customers, the Bank offered loan restructuring without incurring the usual establishment fees. It also waived branch service fees and prepayment charges for customers wishing to access term deposits, investment bonds and CBFC debentures ahead of their maturity dates, and offered fee-free ATMs for customers, regardless of which financial institution they banked with.
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Jessica Simpson Helping rebuild Queensland More recently, the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding. For business customers, the Bank offered loan restructuring without incurring the usual establishment fees. It also waived branch service fees and prepayment charges for customers wishing to access term deposits, investment bonds and CBFC debentures ahead of their maturity dates, and offered fee-free ATMs for customers, regardless of which financial institution they banked with.
14 | 100 years of nation building
Tony & Jess Wannwright
28 February 2011 $1.675 million donated to flood relief appeals on behalf of customers and staff
More recently, the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding. For business customers, the Bank offered loan restructuring without incurring
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listen Up on the road
It all started in 1912, when the building of the “Trans� line began. As the railway was laid, gangs of men went ahead preparing the way. At times they were 50 miles beyond the railhead, cutting through the sand hills around Ooldea.
16 | 100 years of nation building
Surfing champion On the trail More recently, the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding. For business customers, the Bank offered loan restructuring without incurring the usual establishment fees. It also waived branch service fees and prepayment charges for customers wishing to access term deposits, investment bonds and CBFC debentures ahead of their maturity dates, and offered fee-free ATMs for customers, regardless of which financial institution they banked with.
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Circa 1977 Headline text entry More recently, the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding. For business customers, the Bank offered loan restructuring without incurring the usual establishment fees. It also waived branch service fees and prepayment charges for customers wishing to access term deposits, investment bonds and CBFC debentures ahead of their maturity dates, and offered fee-free ATMs for customers, regardless of which financial institution they banked with. Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives
18 | 100 years of nation building
28 February 2011 $1.675 million donated to flood relief appeals on behalf of customers and staff
totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding. For business customers, the Bank offered loan restructuring without incurring the usual establishment fees. It also waived branch service fees and prepayment charges for customers wishing to access term deposits, investment bonds and CBFC debentures ahead of their maturity dates, and offered fee-free ATMs for customers, regardless of which financial institution they banked with.
totalling over $57 million. Features of the special assistance package included help for individuals with home loans, and credit cards and personal loans for those experiencing difficulties relating to flooding. For business customers, the Bank offered loan restructuring without incurring the usual establishment fees. It also waived branch service fees and prepayment charges for customers wishing to access term deposits, investment bonds and CBFC debentures ahead of their maturity dates, and offered fee-free ATMs for customers, regardless of which financial institution they banked with. The Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling over $57 million. Features of the special assistance package included help for individuals with
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Carol Chambers, Brisbane
20 | 100 years of nation building
Helping To rebuild LIVES the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling $57million Chapter one | 21
Carol Chambers, Brisbane
22 | 100 years of nation building
Helping To rebuild LIVES the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling $57million Chapter one | 23
Carol Chambers, Br isbane
24 | 100 years of nation building
Helping To rebuild LIVES the Bank stepped up its assistance to local communities affected by the Queensland floods, with three additional initiatives totalling over $57million Chapter one | 25