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Australian One-pound Note
The Australian one-pound note was the most prevalent banknote in circulation with the pound series, with the last series of 1953–66 having 1,066 million banknotes printed. The first banknotes issued were superscribed notes purchased from 15 banks across Australia and printed with ''Australian Note'' and were payable in gold. Upon decimalisation in 1966, it was worth two dollars. Historic £1 note In May 2015, the National Library of Australia announced that it had discovered the first £1 banknote printed by the Commonwealth of Australia, among a collection of specimen banknotes. This uncirculated Australian Pound (£1) note, with the serial number (red-ink) P000001, was the first piece of currency to carry the Coat of Arms of Australia, and carries the imprinted signatures of George Allen (Secretary of the Treasury; 1 January 1901 – 13 March 1916) and James Collins (Assistant Secretary, later Secretary; 14 March 1916 – 26 June 1926). Soon after its production in 1913, it w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanley Bruce
Stanley Melbourne Bruce, 1st Viscount Bruce of Melbourne, (15 April 1883 – 25 August 1967) was an Australian politician who served as the eighth prime minister of Australia from 1923 to 1929, as leader of the Nationalist Party. Born into a briefly wealthy Melbourne family, Bruce studied at the University of Cambridge and spent his early life tending to the importing and exporting business of his late father. He served on the front lines of the Gallipoli Campaign in World War I and returned to Australia wounded in 1917, becoming a spokesperson for government recruitment efforts. He gained the attention of the Nationalist Party and prime minister Billy Hughes, who encouraged a political career. He was elected to the House of Representatives in 1918, becoming a member of parliament (MP) for the seat of Flinders. He was appointed as treasurer in 1921, before replacing Hughes as prime minister in 1923, at the head of a coalition with the Country Party. In office, Bruce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Two Dollar Note (Australian)
The Australian two-dollar note was introduced in 1966 due to decimalisation, to replace the £1 note which had similar green colouration. The note was issued from its introduction in 1966 until its replacement by the two-dollar coin in 1988. Security features The paper design included a watermark of Captain James Cook James Cook (7 November 1728 Old Style date: 27 October – 14 February 1779) was a British explorer, navigator, cartographer, and captain in the British Royal Navy, famous for his three voyages between 1768 and 1779 in the Pacific Ocean an ... in the white field which was also used in the last issue of pound banknotes. There eas a metallic strip, first near the centre of the note, then from 1976 moved to the left side on the obverse of the note. Replacement by the coin The two dollar note was replaced by a gold-coloured coin in 1988, due to the longer service life and cost effectiveness of coins. These notes can still be redeemed at face value by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denison Miller
Sir Denison Samuel King Miller , (8 March 1860 – 6 June 1923) was the first governor of the Commonwealth Bank of Australia. Early life Miller was born at Fairy Meadow, near Wollongong, New South Wales, the son of Samuel King Miller, head teacher at the Deniliquin public school and his wife Sarah Isabella, née Jones. He completed his education there. Career At 16 years of age, Miller entered the service of the Bank of New South Wales at Deniliquin (1876), and six years later was transferred at his own request to the head office at Sydney. Miller became an accountant in 1896, and four years later, assistant to the general manager. In 1909 he was appointed metropolitan inspector. In 1911 the federal Labour party decided to bring in a bill to establish a national bank. Miller was summoned to Melbourne (then federal capital) to see the prime minister, Andrew Fisher. The bill was discussed and Miller was asked to become the first governor on a salary of £4000 () a year; sig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
