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For many women, it’s way too late. Wow, that is an interesting video. What lead me to that question was my attempt to figure out who owns the RBA. The Group Archives serves our internal needs and supplies information to the public about the organisation’s history and operations. The strange thing is, the more I get into it the more confusing it gets. Everyone else merely gets an estate in the land.

In the thread TitleWho owns the Commonwealth of Australia? The Australian companies you didn’t know were owned by the big four banks. Indeed, and if you are going to ask questions, actually ask them of people who can answer them.Hint, you wont find your answers on the Internet.Try starting with the Department of Foreign Affairs and Trade. There is no need for any mechanism, it is just an illusion to make people happy. The Queen. In the company’s “about us” section, it laments the “lack of transparency” in the mortgage broking market. The centre houses information about the Commonwealth Bank and other financial institutions whose archives have come to us as a result of amalgamations (including Colonial Mutual Limited and the Rural Bank of New South Wales). Despite carrying no CBA branding, colourful businessman ‘Aussie John’ Symond’s Aussie Home Loans is 100 per cent owned by Australia’s biggest bank. UPDATE: AFTER this video was first made the RBA changed the word "Commonwealth" to "Australia" and the Guardian dropped the word "puppet" from thier page.

What? But the Commonwealth Bank retained its name. ANZ’s only subsidiary of note that is not ANZ-branded appears to be OnePath, a wealth business like BT and Colonial First State, which ANZ is in the process of splitting up and selling off to IOOF and Zurich. This rifeness combined with the potential conflicts means it will surely be a major focus of the banking royal commission. But what they may not realise is that, first, they are wholly owned by Westpac, and second, they are literally the same bank, just branded differently so as not alienate the local clientele. Far from being a competitive market, the same few big players dominate Australia’s corporate landscape, reports Murray Hunter. Colonial First State is CBA’s answer to MLC and BT – a superannuation and investment company. And how will this one finish? This is part of a controversial practice known as ‘vertical integration’, which sees single companies controlling several links in the supply chain. How do pandemics usually end? To show just how idiotic this entire thread is , who owns Planet Earth? National Australia Bank has a market … Finally, Count is a company that combines accountancy services with financial advice. Our company Does anyone know / you got a good link for me?I found this one...no answer though...strange:https://www.righttoknow.org.au/request/is_the_commonwealth_of_australia.

‘Please like me,’ Trump begged. Thank you!Looks like I could have saved a lot of money on GST and import tax...can you believe that...what's going on there?
I'll try to figure out which Commonwealth of Australia owns the RBA. If you bank with Bankwest, you bank with CBA. Ironically there is almost no sign on the website that Uno is majority-owned by major mortgage lender Westpac. a high-class financial adviser that manages money for the very rich. The Commonwealth Bank was founded under the Commonwealth Bank Act in 1911 and commenced operations in 1912, empowered to conduct both savings and general banking business. Commonwealth Bank of Australia. But they are actually even bigger than they seem, thanks to a network of other brands and subsidiaries that often carry no obvious sign that they belong to a big bank. Hastings, meanwhile, is a major infrastructure investor that invests huge sums of money on behalf of superannuation funds. The New Daily uses cookies. I suspect the OPs original question is who owns the Company which has a Company name of Commonwealth of Australia. But there are many, many more such examples of vertical integration.

Much of the time, though, you would have no idea because the advisers appear to be independent small businesses. 133-141 Liverpool Street, Sydney NSW 2000, © 2020 Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian credit licence 234945, The beginnings through to development as a central bank 1911 - 1960, Privatisation and subsequent developments 1991 onwards, Governors, Managing Directors & Chief Executive Officers, Annual reports and other publications (including brochures, posters and advertising materials), Records about the Commonwealth Bank’s current and former properties, Records about our organisational structure and staffing, Photographs of people, events and buildings, Ledgers, registers and commercial records, Memorabilia including currency, uniforms, furniture, safes, moneyboxes and gold scales, An archive of employee magazines, corporate history files, terms and conditions, product disclosure statements and circulars, Film, video, and other fragile audio-visual materials. There are guys which appear to be quite knowledgeable discussing this and even they can't agree.So I hope someone here can point to an article clarifying this. Uno, meanwhile, is an online mortgage broker. See.... http://www.austlii.edu.au/au/legis/cth/consol_act/coaca430/. The Commonwealth Bank was privatised in three stages: 1991, 1993 and 1996.

We’ve already talked about UBank and realestate.com.au Home Loan in the previous article, so let’s start with MLC. Commonwealth Bank of Australia has owned Perth-based bank Bankwest outright since 2008, when it bought it off global banking giant HBOS.
She owns all the land in Australia by virtue of having allodial title. All rights reserved. National cabinet must fix NZ travel bubble blunder, Premier begs, Heart disease patients at greater risk of COVID death, study finds, Donald Trump trashes Dr Anthony Fauci as ‘disaster’ as US cases spike again, Crown Casino to be investigated by AUSTRAC over potential money laundering breaches, Tinder changes safety policies following criticism for ignoring rape claims, Economists say more will suffer for lack of government support, Victorian hotel quarantine program now sparks HIV scare, Study shows infants are ingesting up to three million microplastics a day. I stopped at 3:04 at the reference to the 'Australian Department of Transport'. There was an error submitting the form. Most consumers will be familiar with the three smaller banks, St George, Bank of Melbourne and BankSA. Importantly, CBA has said it wants to sell the investment management part of this business, Colonial First State Asset Management. Everyone knows Australia’s big four banks are huge, accounting as they do for almost one quarter of the value of all the companies on the entire ASX. It specialises in superannuation, investments, insurance and financial advice. History. MLC is NAB’s answer to BT – a superannuation, investment and financial advice company. Start by determining who owns the Australian Embassy in the US, and then direct any questions to them. By continuing to use our site you are agreeing to our. No documentation is publicly available on this matter. If they guy doesn't know what departments names are, he couldn't have done much research. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. How AI can impact our decision-making, The two groups of people most vulnerable to dying from COVID-19, Beaches shut as authorities search for shark that killed Nick Slater on Gold Coast, Australian Caleb Ewan pipped at finish line of Stage 10 of the Tour de France, Michael Pascoe: China’s leader takes a turn for the particularly stupid… and ours is no better, The ‘highly sophisticated’ religious movement trying to brainwash Australians, Garry Linnell: Empathy is dead and it’s time for us peasants to make way for profits, Half-baked case to downplay coronavirus built on one big misunderstanding, Airlines want us on planes so badly they’re willing to pay for our funerals. This lack of separately branded subsidiaries makes ANZ by far the most transparent of the big four. Subscribe for free to get the latest breaking news and analysis sent to your inbox.

It has a figurehead, which is the Queen. JBWere is a ‘wealth manager’ – i.e. https://en.wikipedia.org/wiki/Head_of_the_Commonwealth. Try starting with the Department of Foreign Affairs and Trade. Companies that used to be publicly owned tend to have lower insider ownership. Westpac is moving in the same direction, having sold off the vast majority of BT Investment Management (a separate business from BT Financial Group).

There is no need for any mechanism, it is just an illusion to make people happy. You've done more research then me. Which was basically what I was getting at. Doesn't Clive Palmer and Gina Reinhart have majority ownership?

Get The New Daily free every morning and evening. I would say that the Australian citizens 'own' the Commonwealth of Australia. The topic (and other relevant subjects) has been discussed here: Also worth noting is the address of the Company which is listed as the Australian Embassy in Washington DC which makes it legally in Australia.The Commonwealth Govt can own companies and can also name the companies they own whatever they like. Of the non-banks in the Westpac family, BT Financial Group is probably the most important. Australia’s big four banks plus AMP control well over 80 per cent of Australia’s financial advisers. The Group has been involved in many mergers. Graduates at DFAT have better things to do then reposnd to your questions.

Some pre-date the establishment of the Commonwealth Bank itself. There's a lot of information in there, but I couldn't find anything answering my question. The scandal has already cost former CEO Ian Narev his job. It's simply a mechanism for the embassy to be able to form contracts in the USA. But looking it up it looks like you're right. / I would be happy to give you factually correct answers without the tin foil hat. The Commonwealth Bank was founded under the Commonwealth Bank Act in 1911 and commenced operations in 1912, empowered to conduct both savings and general banking business. By prior arrangement, appointments can be made to consult some materials on site. The Bank is a body corporate wholly owned by the Commonwealth of Australia. About us As for the question re the Corporation of Australia – I linked to my answers on the other page. That is, it was being privatised by Keating, successively as Treasurer and Prime Minister, at the same time as was the Commonwealth Serum Laboratories. No one "owns" it. Today, we’ve grown to a business with more than 800,000 shareholders and 52,000 people working in the Commonwealth Bank Group. Today, we’ve grown to a business with more than 800,000 shareholders and 52,000 people working in the Commonwealth Bank Group. So with the first royal commission grilling just a few days away, we thought we’d clarify which brands belong to which banks – just in case you haven’t picked it up yourself. Since you didn't actually ask a specific question, that is not at all surprising! .The Reserve Bank Of Australia ( RBA ) is not owned by Australia as they would like you to believe.The RBA is owned by the Commonwealth which is in turn controlled by the London bankers/Rothschilds. Finally, a sensible answer.I suspect the OPs original question is who owns the Company which has a Company name of Commonwealth of Australia.The giveaway is the location of the Companies address which is the Australian Embassy in the US.Start by determining who owns the Australian Embassy in the US, and then direct any questions to them. Which brings us on to a subject that would need an article all of its own. Commonwealth Bank of Australia has owned Perth-based bank Bankwest outright since 2008, when it bought it off global banking giant HBOS. If you bank with Bankwest, you bank with CBA. Please try again.

but I couldn't find anything answering my question. /

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