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Australian Ten-shilling Note
The 10/- banknote was first issued on 1 May 1913 as a blue banknote payable in gold. It was equal to a half sovereign gold coin. The sizes varied but the design was the same for the following issues: 1913–1914 issue was 194×83mm, 1915–1923 197×88 mm, 1923–1933 180×78mm. This issue was payable in gold but subsequent issues were legal tender. The 1913 note was the world's first officially issued ten-shilling note. The first note, serial number M000001, was printed by Judith Denman, five-year-old daughter of the Governor-General of Australia, Lord Denman.James Cockington, Sydney Morning Herald, Money, 1 May 2013"Note's sale is a sale of note" Retrieved 28 November 2014 The last banknote issue had a print of 557,548,000 banknotes. The ten-shilling note was equivalent to one dollar upon decimalisation in 1966. Signature combinations James Collins and George Allen (1913, 1915)
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Australian Pound
The pound ( Sign: £, £A for distinction) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. As with other £sd currencies, it was subdivided into 20 shillings (denoted by the symbol s or /–), each of 12 pence (denoted by the symbol d). History The establishment of a separate Australian currency was contemplated by section 51(xii) of the Constitution of Australia, which gave Federal Parliament the right to legislate with respect to "currency, coinage, and legal tender". Establishment Coinage The Deakin Government's ''Coinage Act 1909'' distinguished between "British coin" and "Australian coin", giving both status as legal tender of equal value. The Act gave the Treasurer the power to issue silver, bronze and nickel coins, with the dimensions, size, denominations, weight and fineness to be determined by proclamation of the Governor-General. The first coins were issued in 1910, produced by the Royal Mint in Lond ...
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Ernest Riddle
Sir Ernest Cooper Riddle (5 April 187328 February 1939) was an Australian banker who served as governor of the Commonwealth Bank of Australia, then Australia's central bank, from 1927 to 1938. Early life Riddle was born in Narrabri, New South Wales, the son of pastoralist John Riddle. In 1889, aged 16, he joined the Narrabri branch of the Bank of Australasia as a clerk. In 1915, Riddle joined the Commonwealth Bank and was appointed the manager of the Perth branch, where he remained until he transferred to Sydney as the acting manager. In 1924, he was promoted to inspector and was transferred to manage the Melbourne branch of the bank. Governor of the Commonwealth Bank In 1925, Riddle was appointed deputy governor of the Commonwealth Bank and in 1927 became the bank's governor, a position he held until his retirement in 1938. Highly popular, Riddle served as Australia's most senior banker through the entire Great Depression. He attended the British Empire Economic Conference in ...
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Banknotes Of Australia
The notes of the Australian dollar were first issued by the Reserve Bank of Australia on 14 February 1966, when Australia changed to decimal currency and replaced the Australian pound, pound with the Australian dollar, dollar. This currency was a lot easier for calculating compared to the previous Australian pound worth 20 shillings or 240 pence. First series (paper) The $1 (10/-), $2 (£1), $10 (£5), and $20 (£10) had exact exchange rates with pounds and were a similar colour to the notes they replaced, but the $5 (£2/10) did not, and was not introduced until May 1967 when the public had become more familiar with decimal currency. The original notes were designed by Gordon Andrews, who rejected traditional Australian clichés in favour of interesting and familiar subjects such as Aboriginal culture, women, the environment, architecture and aeronautics. Notes issued between 1966 and 1973 bore the title "Commonwealth of Australia". Starting from 1974, the title on the new no ...
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One Dollar Note (Australian)
The Australian one-dollar note (or $1 bill) was introduced in 1966 due to decimalisation, to replace the 10-shilling note. The note was issued from its introduction in 1966 until its replacement by the one-dollar coin in 1984. Approximately 1.7 billion one-dollar notes were printed. Printing During the note's issue, between its introduction and 1974, the note bore "Commonwealth of Australia" as the identification of country. At least 680,000,000 notes were printed in this time period. After 1974 and until the dollar coin was introduced in 1984, the note bore "Australia" as its identification of country. Around 1,020,000,000 such notes were printed after 1974. Design The Australian one-dollar note was designed by Gordon Andrews, the design being accepted in April 1964. The note features Queen Elizabeth II wearing Garter robes on the obverse with the Australian coat of arms. This portrait was based on a photo taken by Douglas Glass. The reverse of the note features Aborigina ...
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Sterling Banknotes
Sterling banknotes are the banknotes in circulation in the United Kingdom and its related territories, denominated in pound sterling, pounds sterling (symbol: Pound sign, £; ISO 4217 currency code: GBP; traditional abbreviation: Stg.). Sterling banknotes are official currency in the United Kingdom, Jersey, Guernsey, the Isle of Man, British Antarctic Territory, South Georgia and the South Sandwich Islands, and Tristan da Cunha. One pound is equivalent to 100 penny, pence. Three British Overseas Territories also have currencies called pounds which are at par with the pound sterling. The Bank of England has a legal monopoly of banknote issuance in England and Wales but, for Bank Charter Act 1844, historical reasons six banks, Banknotes of Scotland, three in Scotland and Banknotes of Northern Ireland, three in Northern Ireland also issue their own banknotes that circulate in the system and may be used for cash transactions anywhere in the United Kingdombut the law requires that ...
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Chippendale, New South Wales
Chippendale is a small inner-city suburb of Sydney, New South Wales, Australia on the southern edge of the Sydney central business district, in the local government area of the City of Sydney. Chippendale is located between Broadway to the north and Cleveland Street to the south, Sydney Central railway station to the east and the University of Sydney to the west. History The area was first occupied by the Gadigal people of the Dharug Nation. William Chippendale was granted a estate in 1819. It stretched to the present day site of Redfern railway station. Chippendale sold the estate to Solomon Levey, emancipist and merchant, in 1821, for 380 pounds. Solomon Levey died while in London, in 1833. Levey's heirs sold over to William Hutchinson. Chippendale has a number of heritage-listed sites, including the Regent Street railway station or 'Mortuary Station', located on the eastern side of the suburb. The John Storey Memorial Dispensary was built in 1926 as a memorial to John ...
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Banknotes Of The Australian Pound
Banknotes of the Australian pound were first issued by numerous private banks in Australia, starting with the Bank of New South Wales in 1817. Acceptance of private bank notes was not made compulsory by legal tender laws but they were widely used and accepted. The Queensland government issued treasury notes (1866–1869) and banknotes (1893–1910), which were legal tender ''in'' Queensland. The New South Wales government issued a limited series of Treasury Notes in 1893. In 1910, the Commonwealth passed the ''Australian Notes Act of 1910'' to initiate banking and currency reform. The Act stipulated that six months after the date of passage (16 September 1910), private banks could no longer issue any form of money, and that any note or instrument issued by a State Bank would no longer be considered legal tender. The Act further established the powers of the Commonwealth to issue, re-issue, and cancel Australian notes. The Act also established denominations, legal tender status, an ...
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Roland Wilson (economist)
Sir Roland Wilson (7 April 190425 October 1996) was a senior Australian public servant and economist. Life and career Wilson was born in Ulverstone, Tasmania on 7 April 1904. He studied at Devonport High School, where he won a scholarship to take an economics course at the University of Tasmania. He became a Rhodes Scholar in 1925, the first Tasmanian from a state school to win the scholarship. The Rhodes Scholarship took him to the University of Oxford where he studied for the degree of doctor of philosophy. Wilson became Commonwealth Statistician in 1936. Wilson was appointed Secretary of the Department of Labour and National Service as a war-time secondment in 1940. In 1946, after World War II, Wilson resumed his position as Commonwealth Statistician until the Menzies Government made him Secretary of the Department of the Treasury in 1951. On leaving Treasury in 1966, Wilson was the Chairman of Qantas until 1972, and the Chairman of the Commonwealth Bank until 1975. Aw ...
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George Watt (public Servant)
George Percival Norman Watt (2 June 189021 July 1983) was a senior Australian public servant and company director. He was Secretary of the Department of the Treasury between November 1948 and March 1951. Life and career George Watt was born in Hawthorn, Melbourne on 2 June 1890. He was schooled at Auburn State School and Wesley College. He joined the Australian Public Service in the Department of Defence Department of Defence or Department of Defense may refer to: Current departments of defence * Department of Defence (Australia) * Department of National Defence (Canada) * Department of Defence (Ireland) * Department of National Defense (Philipp ... in 1908. During World War II, he was transferred on a temporary basis to the Department of the Treasury, serving as the head of the defence division in Melbourne. He became the Secretary of the Treasury in November 1948, after having acted in the role since February 1948. In March 1951 Watt retired from his Secretary ...
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Stuart McFarlane
Stuart Gordon McFarlane (4 May 1885 – 31 December 1970) was a senior Australian public servant. He was Secretary of the Department of the Treasury between 1938 and 1949. Life and career Stuart McFarlane was born at Maldon, Victoria on 4 May 1885. McFarlane began his career in the Commonwealth public service as a clerk in the Finance Branch of the Department of the Treasury in 1903. Between 1911 and 1926, he worked in the Postmaster-General's Department The Postmaster-General's Department (PMG) was a department of the Australian federal government, established at Federation in 1901, whose responsibilities included the provision of postal and telegraphic services throughout Australia. It was .... He went on to serve as Assistant Secretary of the Finance Branch between 1926 and 1932, and then Assistant Secretary in the Administration Branch. He was appointed Secretary of the Treasury in March 1938. During his time in the public service, McFarlane travelled quite ...
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Harry Sheehan
Sir Henry John Sheehan (27 December 188326 March 1941) was a senior Australian public servant and banker. Sheehan is best known for his time as head of the Department of the Treasury and as Governor of the Commonwealth Bank. Life and career Harry Sheehan was born in St Kilda, Melbourne on 27 December 1883. Sheehan began his Commonwealth Public Service The Australian Public Service (APS) is the federal civil service of the Commonwealth of Australia responsible for the public administration, public policy, and public services of the departments and executive and statutory agencies of the Go ... career in 1903 in the Department of the Treasury. Between 1932 and 1938, Sheehan was head of the department. Sheehan died of cancer on 26 March 1941 in Sydney. A memorial service was held at St Stephen's Church. Awards Sheehan was made a Commander of the Order of the British Empire while Assistant Secretary to the Treasury in June 1928. He was appointed a Knight Bachelor in ...
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James Heathershaw
James Thomas Heathershaw (7 May 187125 July 1943) was an Australian public servant and the third Secretary of the Department of the Treasury. Early life Heathershaw was born on 7 May 1871 in Beaufort, Victoria. He was the twelfth child of Henry and Amelia Nancy (née Robilliard), and attended Flinders School in Geelong. Career Heathershaw joined the Victorian Public Service in March 1889, transferring to the newly-formed Federal Treasury in 1902. In 1926, Heathershaw was appointed Secretary of the Treasury, becoming Australia's third Treasurer. He stood down from the role in 1932 due to poor health and went back to being Assistant Secretary in charge of pensions, compensation and insurance, before officially retiring in December 1935; he had even delayed his retirement date by some nine months to finish reorganising the Treasury's pensions department. Personal life and death Heathershaw married Rosa Ethel Rodway at the Primitive Methodist Church in Carlton, on 7 March 1901; ...
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