|
State Bank Of South Australia
The State Bank of South Australia was a bank created in 1896 and owned by the Government of South Australia. The bank became the subject of a two-year South Australian Royal Commission upon collapse in 1991. The surviving part of the bank now exists as BankSA. History Early history The State Bank of South Australia was founded in 1896 as the outcome of an Act of Parliament, The Advances Bill, which provided for setting up of the Bank which could benefit the State's primary producers and other industries by providing loans guaranteed by the Government at preferential conditions. A Bill based on a failed Victorian proposal was introduced by the Kingston-Holder government in 1894 but lapsed, then revived with clarifications by Frederick Holder (later Sir Frederick) in 1895. The Bill passed both houses of parliament in December 1895, and five Trustees were appointed: H. M. Addison (Chairman), J. B. Spence, J. A. Johnson, S. Stanton and G. Inglis. :Addison resigned 1897 after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The State Bank Of South Australia(GN14622)
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings Bank Of South Australia
The Savings Bank of South Australia was a bank founded in the colony of South Australia in 1848, based in Adelaide. In the early 20th century it established a presence in schools by setting up a special category of savings accounts for schoolchildren, and grew through the following decades. In 1984 it merged with the State Bank of South Australia, with the merged entity taking the latter name. This entity later became known as BankSA, and is a division and a trading name of St.George Bank, which is a subsidiary of Westpac. Foundation and early days The Savings Bank of South Australia opened on 11 March 1848 with a single employee, John Hector, trading from a room in Adelaide's Gawler Place. The room was provided rent-free by the Glen Osmond Mining Company. On that day it took its first deposit, of £29, from an illiterate "Afghan" shepherd whose name was recorded as Croppo Sing (probably "Singh", the Sikh masculine surname). Other deposits soon followed. A month later, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minority Government
A minority government, minority cabinet, minority administration, or a minority parliament is a government and Cabinet (government), cabinet formed in a parliamentary system when a political party or Coalition government, coalition of parties does not have a majority of overall seats in the legislature. It is sworn into office, with or without the formal support of other parties, enabling a government to be formed. Under such a government, legislation can only be passed with the support or consent of enough other members of the legislature to provide a majority, encouraging multi-partisanship. In Bicameralism, bicameral legislatures, the term relates to the situation in the chamber whose confidence is considered most crucial to the continuance in office of the government (generally, the lower house). A minority government tends to be much less stable than a majority government because if they can unite for a purpose, opposing parliamentary members have the numbers to vote against ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity Trust Of South Australia
The Electricity Trust of South Australia (ETSA) was the South Australian Government-owned monopoly vertically integrated electricity provider from 1946 until its privatisation in 1999. Precursors Early days (1882–1900) Charles Todd, an early settler in Adelaide who oversaw telegraphic communications in the colony and beyond, also introduced the idea of electrical street lighting, necessitating a public electricity supply. An Act of Parliament created the South Australian Electric Company in 1882, but the company did not ever start to produce electricity, owing mainly to opposition by those holding interests in the South Australian Gas Company, which supplied power using natural gas. The South Australian Electric Light and Motive Power Company was registered in March 1895 and was authorised to provide power throughout the colony of South Australia. Previously, municipal councils had been empowered to provide electricity within their areas, but none did so. The company star ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dean Brown
Dean may refer to: People * Dean (given name) * Dean (surname), a surname of Anglo-Saxon English origin * Dean (South Korean singer), a stage name for singer Kwon Hyuk * Dean Delannoit, a Belgian singer most known by the mononym Dean Titles * Dean (Christianity), persons in certain positions of authority within a religious hierarchy * Dean (education), persons in certain positions of authority in some educational establishments * Dean of the Diplomatic Corps, most senior ambassador in a country's diplomatic corps * Dean of the House, the most senior member of a country's legislature Places * Dean, Victoria, Australia * Dean, Nova Scotia, Canada * De'an County, Jiujiang, Jiangxi, China United Kingdom * Lower Dean, Bedfordshire, England * Upper Dean, Bedfordshire, England * Dean, Cumbria, England * Dean, Oxfordshire, England * Dean, a hamlet in Cranmore, Somerset, England * Dean Village, Midlothian, Scotland * Forest of Dean, Gloucestershire, England * Dene (valley) common top ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1993 South Australian State Election
State elections were held in South Australia on 11 December 1993. All 47 seats in the South Australian House of Assembly were up for election. The incumbent Australian Labor Party led by Premier of South Australia Lynn Arnold was defeated by the Liberal Party of Australia led by Leader of the Opposition Dean Brown. The Liberals won what is still the largest majority government in South Australian history. Background The campaign was dominated by the issue of the collapse of the State Bank of South Australia in 1991. The State Bank's deposits were legally underwritten by the Government of South Australia, putting South Australia into billions of dollars of debt. Labor premier John Bannon had resigned over the issue in 1992, being replaced by Lynn Arnold just over a year before the election. The Liberals also changed leaders in 1992, switching from Dale Baker to Dean Brown. Following the Labor leadership change and by early 1993, Newspoll had recorded a total rise of 13 percent in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Labor Party (South Australian Branch)
The Australian Labor Party (South Australian Branch), commonly known as South Australian Labor, is the South Australian Branch of the Australian Labor Party, originally formed in 1891 as the United Labor Party of South Australia. It is one of two major parties in the bicameral Parliament of South Australia, the other being the Liberal Party of Australia (SA Division). Since the 1970 election, marking the beginning of democratic proportional representation (one vote, one value) and ending decades of pro-rural electoral malapportionment known as the Playmander, Labor have won 11 of the 15 elections. Spanning 16 years and 4 terms, Labor was last in government from the 2002 election until the 2018 election. Jay Weatherill led the Labor government since a 2011 leadership change from Mike Rann. During 2013 it became the longest-serving state Labor government in South Australian history, and in addition went on to win a fourth four-year term at the 2014 election. After losing the 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Bannon
John Charles Bannon (7 May 1943 – 13 December 2015) was an Australian politician and academic. He was the 39th Premier of South Australia, leading the South Australian Branch of the Australian Labor Party from a single term in opposition back to government at the 1982 election. At the 1985 election Bannon's government was re-elected with an increased majority, but it was reduced to minority government status at the 1989 election. In 1992 Bannon became Labor's longest-serving and South Australia's second longest-serving Premier. As a result of the State Bank collapse, he resigned as Premier in 1992, and from parliament at the 1993 election landslide. He was also an academic and the Head of St Mark's College. Early life Bannon was born in Bendigo, and attended East Adelaide Primary School and St Peter's College in Adelaide. He completed degrees in Arts and Law at the University of Adelaide. While at university, he was co-editor of the student newspaper ''On Dit'' alon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marcus Clark & Co
Marcus Clark & Co was an Australian department store chain, founded by Henry Marcus Clark in 1883. History The store started in the Sydney suburb of Newtown on 1 February 1883 as a two-window draper shop, and soon opened new stores in Marrickville and Bondi Junction. In 1896 a store closer to the city was opened on Broadway on the corner of Harris Street near Railway Square. It had a different concept and was stocked with less expensive wares and was called Bon Marche after the Paris department store. The store succeeded and in 1909 a larger building was constructed on the site to a design by Arthur Anderson. The building is now part of the University of Technology Sydney. Marcus Clark & Co made arguably its biggest and most lasting mark on Sydney in 1906 when the James Nangle-designed Central Square building, known as the flat-iron building, was erected on the corner of George and Pitt Streets, Railway Square, on the site of an early toll-gate. For all visitors entering th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Broadcasting Corporation
The Australian Broadcasting Corporation (ABC) is the national broadcaster of Australia. It is principally funded by direct grants from the Australian Government and is administered by a government-appointed board. The ABC is a publicly-owned body that is politically independent and fully accountable, with its charter enshrined in legislation, the ''Australian Broadcasting Corporation Act 1983''. ABC Commercial, a profit-making division of the corporation, also helps to generate funding for content provision. The ABC was established as the Australian Broadcasting Commission on 1 July 1932 by an act of federal parliament. It effectively replaced the Australian Broadcasting Company, a private company established in 1924 to provide programming for A-class radio stations. The ABC was given statutory powers that reinforced its independence from the government and enhanced its news-gathering role. Modelled after the British Broadcasting Corporation (BBC), which is funded by a tel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Underwritten
Underwriting (UW) services are provided by some large financial institutions, such as banks, insurance companies and investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issues of security in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. History The term "underwriting" derives from the Lloyd's of London insurance market. Financial backers (or risk takers), who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose. Securities underwriting In the f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Building Society
United Building Society was a New Zealand building society, that became registered retail bank known as United Banking Group. It was acquired by the State Bank of South Australia in 1990, which sold the bank to the Countrywide Bank in 1992 after the State Bank of S.A. had made significant losses. The United Bank was merged with other Countrywide operations, and the name was dropped in 1994. History United Building Society was formed from merging or purchasing the operations of a number of smaller building societies including: * Canterbury Premier Building Society * Canterbury Terminating Building Society and Bank of Deposit Building Society * Bay of Plenty Co-operative Terminating Building Society * Bay of Plenty Permanent Building Society * Canterbury Building Building Society * Eastern Co-operative Terminating Building Society * General Co-operative Terminating Building Society * Hawkes Bay Mutual Permanent Building Society also known as Hawkes Bay Permanent Building Society ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> State Bank Of South Australia")
.png "Click for more on -> The State Bank Of South Australia(GN14622)")
