© 2018 Greg & Sylvia RAY

Banking

Read more about the article Will we ever finish paying for the GFC?

Will we ever finish paying for the GFC?

When will we be finished paying for the Global Financial Crisis? Or, more to the point, when will our children and their children be finished paying? I’m not sure what the answer is, but I imagine it will be a long time in the future. When the finance industry detonated the world economy back in the noughties, we were immediately told that the institutions and corporations who made this happen had to be bailed out. This was because they were “too big to fail”. While it was true that it was all their fault, and that…

Continue ReadingWill we ever finish paying for the GFC?
Read more about the article No girls, people with disabilities or sons of miners need apply: bad old days of banking in NSW
Hunter Street, Newcastle, in the 1920s. The Bank of Australasia is at the right-hand edge of the photo.

No girls, people with disabilities or sons of miners need apply: bad old days of banking in NSW

During World War 1, when the Newcastle branch of the Bank of Australasia was struggling to recruit the staff it needed to run its business, the organisation still couldn't see its way clear to hire girls, sons of miners or people with disabilities. Fascinating insights into the banking industry in Newcastle during the war years have emerged through some correspondence of William Miles Coverdale, the bank's Newcastle manager at the time. William Miles Coverdale Copies of the letters were kindly loaned by William Coverdale's granddaughter, Pam Parsons, who received them as a gift from a banking…

Continue ReadingNo girls, people with disabilities or sons of miners need apply: bad old days of banking in NSW
×
×

Cart