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Perth Building Society
Perth Building Society was Western Australia’s first building society. It operated from 1862 to 1987, when it amalgamated with the Hotham Permanent Building Society to form Challenge Bank. PBS was founded by WA Attorney General George Frederick Stone, Lt. Col. J. Bruce, Adjutant General W. Knight, Rev. G.P. Pownall, Magistrate H. Wakefield and Joseph Thomas Reilly. It proposed an earlier merger in 1981 with Bendigo Building Society, but Bendigo customers and shareholders opposed the move. Bryce Moore's history of the Perth Building Society was published in 1989.Moore, Bryce, (1989) ''A superior kind of savings bank : Perth Building Society 1862-1987''. Perth, W.A : Challenge Bank in association with Centre for Western Australian History, University of Western Australia. (pbk.). References See also * Timeline of banking in Western Australia The first commercial bank in Western Australia was created eight years after the establishment of the Swan River Colony in 1829. ...
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Western Australia
Western Australia (commonly abbreviated as WA) is a state of Australia occupying the western percent of the land area of Australia excluding external territories. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to the south, the Northern Territory to the north-east, and South Australia to the south-east. Western Australia is Australia's largest state, with a total land area of . It is the second-largest country subdivision in the world, surpassed only by Russia's Sakha Republic. the state has 2.76 million inhabitants  percent of the national total. The vast majority (92 percent) live in the south-west corner; 79 percent of the population lives in the Perth area, leaving the remainder of the state sparsely populated. The first Europeans to visit Western Australia belonged to the Dutch Dirk Hartog expedition, who visited the Western Australian coast in 1616. The first permanent European colony of Western Australia occurred following the ...
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Building Society
A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services, especially savings and mortgage lending. Building societies exist in the United Kingdom, Australia and New Zealand, and used to exist in Ireland and several Commonwealth countries. They are similar to credit unions in organisation, though few enforce a common bond. However, rather than promoting thrift and offering unsecured and business loans, the purpose of a building society is to provide home mortgages to members. Borrowers and depositors are society members, setting policy and appointing directors on a one-member, one-vote basis. Building societies often provide other retail banking services, such as current accounts, credit cards and personal loans. The term "building society" first arose in the 19th century in Great Britain from cooperative savings groups. In the United Kingdom, building societies actively compete ...
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Hotham Permanent Building Society
Hotham may refer to: Places Australia *Hotham, Northern Territory, a locality *Division of Hotham, Australian electoral division *Mount Hotham, Australia *The original name of North Melbourne, Victoria, Australia Elsewhere * Hotham, East Riding of Yorkshire, England *Hotham, Ontario *Hotham Park, Bognor Regis, England People *Alan Geoffrey Hotham (1876–1965), Royal Navy officer and cricketer *Beaumont Hotham, 3rd Baron Hotham (1794–1870), British soldier, peer, and Member of Parliament *Charles Hotham (1806–1855), Governor of Victoria, Australia * Sir Charles Frederick Hotham (1843–1925), British Royal Navy Admiral who was Commander-in-Chief, Portsmouth *Henry Hotham (1777–1833), British naval officer who served during the Napoleonic Wars * John Hotham (1589–1645), Parliamentarian military leader of the English Civil War who sought an accommodation with the Royalist side *John Hotham the younger (1610–1645), son of the above, an English Member of Parliament during the ...
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Challenge Bank
Challenge Bank was an Australian bank. It was established in April 1987 when the Hotham Permanent Building Society of Victoria and Perth Building Society of Western Australia merged. In December 1995 it was purchased by Westpac. In May 1996, the Victorian business was sold to the Bank of Melbourne that in turn was purchased by Westpac in 1997.Westpac and Bank of Melbourne (Challenge Bank) Act 1996
Government of Victoria The Victoria State Government, also referred to as just the Victorian Government, is the state-level authority for Victoria (Australia), Victoria, Australia. Like all state governments, it is formed by three ...
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George Frederick Stone
George Frederick Stone (1812 – 18 August 1875) was a Western Australian lawyer and Attorney General of Western Australia from 1854 to 1857 and again from 1860 to 1870.E. M. Russell, ‘Early Lawyers of Western Australia’, Journal and Proceedings (Western Australian Historical Society), vol 4, part 3, 1951, pp 32–53 His son, Edward Albert Stone, was Chief Justice of Western Australia, while another son, Frank Mends Stone, was a member of the Parliament of Western Australia The Parliament of Western Australia is the bicameral legislature of the Australian state of Western Australia, forming the legislative branch of the Government of Western Australia. The parliament consists of a lower house, the Legislative ....Frank Mends Stone
– Biographica ...
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Joseph Thomas Reilly
Joseph is a common male given name, derived from the Hebrew Yosef (יוֹסֵף). "Joseph" is used, along with "Josef", mostly in English, French and partially German languages. This spelling is also found as a variant in the languages of the modern-day Nordic countries. In Portuguese and Spanish, the name is "José". In Arabic, including in the Quran, the name is spelled ''Yūsuf''. In Persian, the name is "Yousef". The name has enjoyed significant popularity in its many forms in numerous countries, and ''Joseph'' was one of the two names, along with ''Robert'', to have remained in the top 10 boys' names list in the US from 1925 to 1972. It is especially common in contemporary Israel, as either "Yossi" or "Yossef", and in Italy, where the name "Giuseppe" was the most common male name in the 20th century. In the first century CE, Joseph was the second most popular male name for Palestine Jews. In the Book of Genesis Joseph is Jacob's eleventh son and Rachel's first son, and kn ...
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Bendigo Bank
Bendigo and Adelaide Bank is an Australian financial institution, operating primarily in retail banking. The company was formed by the merger of Bendigo Bank and Adelaide Bank in November 2007. Before the merger, Bendigo Bank delivered its products and services through almost 900 outlets Australia-wide, including more than 160 company owned branches, 220 community owned ''Community Bank'' branches of Bendigo Bank, 100 agencies and 400 '' Elders'' outlets. The bank's branches are primarily in Victoria and Queensland. The merged bank now has over 400 branches, including 25 that came with the merger of Adelaide Bank. National headquarters remain in the city of Bendigo, with a major office in Adelaide, South Australia and regional offices in Docklands, Melbourne and Ipswich, Queensland. History and development The company started in 1858 as a fixed-term (terminating) building society to improve conditions in the Bendigo goldfields during the Victorian gold rush. At seven yea ...
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Shareholders
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liability ...
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Timeline Of Banking In Western Australia
The first commercial bank in Western Australia was created eight years after the establishment of the Swan River Colony in 1829. Entries in italics indicate a locally (W.A.) domiciled operation. Notes {{reflist External links *https://web.archive.org/web/20060503170654/http://www.encyclopedia.uwapress.uwa.edu.au/wa_snapshots#b *http://www.gabr.net.au/biogs/ABE0187b.htm#related Banking in Western Australia, Timeline of Western Australia, Timeline of banking in Banking in Western Australia, Timeline of Australia, Western, Timeline of banking in Banking in Western Australia, Timeline of Financial history of Australia ...
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Former Building Societies Of Australia
A former is an object, such as a template, gauge or cutting die, which is used to form something such as a boat's hull. Typically, a former gives shape to a structure that may have complex curvature. A former may become an integral part of the finished structure, as in an aircraft fuselage, or it may be removable, being using in the construction process and then discarded or re-used. Aircraft formers Formers are used in the construction of aircraft fuselage, of which a typical fuselage has a series from the nose to the empennage, typically perpendicular to the longitudinal axis of the aircraft. The primary purpose of formers is to establish the shape of the fuselage and reduce the column length of stringers to prevent instability. Formers are typically attached to longerons, which support the skin of the aircraft. The "former-and-longeron" technique (also called stations and stringers) was adopted from boat construction, and was typical of light aircraft built until the ad ...
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Banks Established In 1862
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Organizations Established In 1862
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, incl ...
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