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Kingsley Henderson
Kingsley Anketell Henderson (15 December 1883 – 6 April 1942) was an Australian architect and businessman. He ran a successful firm in Melbourne that specialised in commercial buildings. He was involved in the creation of the United Australia Party (UAP), holding office in its organisational wing in Victoria, and served on the Malvern City Council. Early life Henderson was born on 15 December 1883 in Brighton, Victoria. He was one of four children born to Mary Louisa (née Andrew) and Anketell Matthew Henderson. His mother was born in England and his father, also an architect, was born in Ireland. Henderson was educated at Cumloden College in St Kilda East. He later took classes at the University of Melbourne and Melbourne Technical College. Career Henderson was articled to his father in 1901 and in 1906 joined him as a partner in the firm of Anketell & K. Henderson, later known as A. & K. Henderson & Partners. His father died in 1922 and he was later joined in partnership ...
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Brighton, Victoria
Brighton is a suburb in Melbourne, Victoria, Australia, 11 km south-east of Melbourne's Central Business District, located within the City of Bayside local government area. Brighton recorded a population of 23,252 at the 2021 census. Brighton is named after Brighton in England. History In England, on 29 August 1840, Henry Dendy (1800–81) purchased of Port Phillip land at £1 per acre, sight unseen, under the terms of the short-lived Special Survey regulations. Dendy arrived on 5 February 1841 to claim his land. The area was known as Dendy's Special Survey. The area Dendy was compelled to take, called "Waterville", was bound by the coastline to the west and the present day North Road, East Boundary Road and South Road. A town was surveyed in mid-1841, defined by the crescent-shaped street layout which remains today, and subdivided allotments were offered for sale. The area soon became the "Brighton Estate", and Dendy's site for his own home was named "Brighton ...
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T & G Mutual Life Assurance Society
The T & G Mutual Life Assurance Society was an insurance company that operated in Australia and New Zealand. The 'T & G' stood for 'Temperance & General'. The company was founded in Victoria in 1876, emerging from the Assurance branch of the Independent Order of Rechabites with 132 policies. The branch was severed from the I.O.R. after six years of operations. By 1920, the Society had 385,000 policies and by 1930 had grown to become the largest ordinary-industrial life society operating solely within Australia and New Zealand, with 737,000 policies, with an income of nearly 4 million pounds, and assets totaling over 16 million pounds. By 1952 the income had increased to 16 million pounds and funds to 86 million pounds. In 1983 the T&G Society amalgamated with the National Mutual Life Association. which was itself purchased by AXA, a French multinational, in the 1990s. The T&G Buildings The T&G Mutual Life Assurance Society was notable amongst Australian insurance companie ...
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Premiers' Plan
The Premiers' Plan was a deflationary economic policy agreed by a meeting of the Premiers of the Australian states in June 1931 to combat the Great Depression in Australia that sparked the 1931 Labor split. Background The Great Depression in Australia saw huge levels of unemployment and economic suffering amid plummeting export income. Although the economic downturn was a product of international events, Australian governments grappled with how to respond. Conventional economists said governments should pursue deflationary policies. Radicals proposed inflationary responses and increased government spending. The James Scullin Labor Government had won office at the 1929 federal election just in time to face the full force of the global crisis—the ‘Wall Street crash’ took place in the first week of his government. Division emerged within the Labor government over how to respond. Scullin invited Sir Otto Niemeyer of the Bank of England to come to Australia to advise on ...
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Joseph Lyons
Joseph Aloysius Lyons (15 September 1879 – 7 April 1939) was an Australian politician who served as the List of prime ministers of Australia by time in office, 10th Prime Minister of Australia, in office from 1932 until his death in 1939. He began his career in the Australian Labor Party (ALP), but became the founding leader of the United Australia Party (UAP) after the Australian Labor Party split of 1931. He had earlier served as Premier of Tasmania from 1923 to 1928. Lyons was born in Stanley, Tasmania, Stanley, Tasmania, and before entering politics worked as a schoolteacher. He was active in the Labor Party from a young age and won election to the Tasmanian House of Assembly in 1909. He served as Treasurer of Tasmania (1912–1914) under John Earle (Australian politician), John Earle, before replacing Earle as party leader in 1916. After two elections that ended in hung parliaments, Lyons was appointed premier in 1923 at the head of a minority government. He pursued mode ...
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All For Australia League
The All for Australia League (AFAL) was an Australian political movement during the Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio .... It was founded in early 1931 and claimed to have amassed 130,000 members by June 1931. Right-wing and anti-establishment in nature, the league had the backing of a number of prominent businessmen and industrialists. It was critical both of the Labor Party and the right-wing Nationalist Party. It primarily operated in Sydney, but also had branches in country New South Wales and absorbed a similar organisation in Victoria. The league eventually chose to co-operate with the existing Nationalist organisation at the 1931 federal election, helping preselect candidates for the new United Australia Party (UAP). After the election victor ...
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Great Depression In Australia
Australia suffered badly during the period of the Great Depression of the 1930s. The Depression began with the Wall Street Crash of 1929 and rapidly spread worldwide. As in other nations, Australia suffered years of high unemployment, poverty, low profits, deflation, plunging incomes, and lost opportunities for economic growth and personal advancement. The Australian economy and foreign policy largely rested upon its place as a primary producer within the British Empire, and Australia's important export industries, particularly primary products such as wool and wheat, suffered significantly from the collapse in international demand. Unemployment reached a record high of around 30% in 1932, and gross domestic product declined by 10% between 1929 and 1931. There were also incidents of civil unrest, particularly in Australia's largest city, Sydney. Though Australian Communist and far right movements were active in the Depression, they remained largely on the periphery of Austra ...
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Default (finance)
In finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity. A national or sovereign default is the failure or refusal of a government to repay its national debt. The biggest private default in history is Lehman Brothers, with over $600 billion when it filed for bankruptcy in 2008. The biggest sovereign default is Greece, with $138 billion in March 2012. Distinction from insolvency, illiquidity and bankruptcy The term "default" should be distinguished from the terms "insolvency", illiquidity and " bankruptcy": * Default: Debtors have been passed behind the payment deadline on a debt whose payment was due. * Illiquidity: Debtors have insufficient cash (or other "liquefiable" assets) to pay debts. * Insolvency: A legal term meaning debtors are unable to pay their debts. * Bankruptcy: A legal finding tha ...
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Fiscal Conservatism
Fiscal conservatism is a political and economic philosophy regarding fiscal policy and fiscal responsibility with an ideological basis in capitalism, individualism, limited government, and ''laissez-faire'' economics.M. O. Dickerson et al., ''An Introduction to Government and Politics: A Conceptual Approach'' (2009) p. 129. Fiscal conservatives advocate tax cuts, reduced government spending, free markets, deregulation, privatization, free trade, and minimal government debt. Fiscal conservatism follows the same philosophical outlook of classical liberalism. This concept is derived from economic liberalism and can also be referred to as fiscal liberalism outside the United States. The term has its origins in the era of the American New Deal during the 1930s as a result of the policies initiated by modern liberals, when many classical liberals started calling themselves conservatives as they did not wish to be identified with what was passing for liberalism in the United States. ...
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Australian Labor Party
The Australian Labor Party (ALP), also simply known as Labor, is the major centre-left political party in Australia, one of two major parties in Australian politics, along with the centre-right Liberal Party of Australia. The party forms the federal government since being elected in the 2022 election. The ALP is a federal party, with political branches in each state and territory. They are currently in government in Victoria, Queensland, Western Australia, South Australia, the Australian Capital Territory, and the Northern Territory. They are currently in opposition in New South Wales and Tasmania. It is the oldest political party in Australia, being established on 8 May 1901 at Parliament House, Melbourne, the meeting place of the first federal Parliament. The ALP was not founded as a federal party until after the first sitting of the Australian parliament in 1901. It is regarded as descended from labour parties founded in the various Australian colonies by the emerging la ...
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Chevron Corporation
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron traces its history back to the 1870s. The company grew quickly after the breakup of Standard Oil by acquiring companies and partnering with others, especially Texaco. Socal was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly-merged company later merged with Texaco in 2001. Today, Chevron manufactures and sells fu ...
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Eagle Star Insurance
The Eagle Star Insurance Company plc (formerly Eagle Star Insurance Company Limited) was a leading British insurance business. It underwrote the full range of risks including liability, fire, accident, marine, motor, life, contingency and Pluvius (weather) insurance. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. History The Company was founded by Edward Mountain in 1904 as the ''British Dominions Marine Insurance Company'', which operated as a marine insurance office in the five principal overseas Dominions. It started writing fire and accident policies in 1911 and life assurance policies in 1916. It expanded rapidly in its early years acquiring ''the Eagle'' (founded by Sir William Rawlins in 1807) in 1916 and both ''the Sceptre'' (founded in 1864) and ''the Star'' (founded in 1843) in 1917. It was renamed the ''Eagle Star & British Dominions'' in 1917 and ''Eagle Star'' in 1937. For many years its Head Office was at the prestigious ...
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The Australasian
The ''Australasian Post'', commonly called the ''Aussie Post'', was Australia's longest-running weekly picture magazine. History and profile Its origins are traceable to Saturday, 3 January 1857, when the first issue of ''Bell's Life in Victoria and Sporting Chronicle'' (probably best known for Tom Wills's famous 1858 Australian rules football letter) was released. The weekly, which was produced by Charles Frederic Somerton in Melbourne, was one of several Bell's Life publications based on the format of ''Bell's Life in London'', a Sydney version having been published since 1845. On 1 October 1864, the weekly newspaper ''The Australasian'' was launched in Melbourne, Victoria by the proprietors of ''The Argus (Melbourne), The Argus''. It supplanted three unprofitable ''Argus'' publications: ''The Weekly Argus'', ''The Examiner (Melbourne), The Examiner'', and ''The Yeoman'', and contained features of all three. A competitor, ''The Age'', gloated that as it was printed on coarse h ...
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