RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Example Interest Rates: Home Loan Variable: 5.20% (5.24%*) • Home Loan Fixed: 5.48% (6.24%*) • Fixed: 5.48% (6.24%*) • Variable: 5.20% (5.24%*) • Investment IO: 5.78% (6.81%*) • Investment PI: 5.49% (6.32%*)

Australian Joint Stock Bank, Mackay, 1882

Australian Joint Stock Bank, Mackay, ca. 1882.

The Australian Joint Stock Bank was constructed to the design of Francis Drummond Greville Stanley and opened for business in February 1881. The building contained the bank offices on the ground floor and accommodation for the family on the upper level.

The Australian Joint Stock Bank was a bank in Australia. It operated from 1852 to 1910, after which it became the Australian Bank of Commerce, and it was then was taken over by the Bank of New South Wales in 1931. In 1910, the Australian Bank of Commerce was registered in New South Wales under the Joint Stock Companies Act to take over the Australian Joint Stock Bank. In 1917 it acquired the City Bank of Sydney. In 1931, the Bank of New South Wales (now Westpac) acquired the Australian Bank of Commerce.

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