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Bank Card (other)
Bankcard was a shared brand credit card issued by financial institutions in Australia and New Zealand between 1974 and 2006. It was managed by the ''Bankcard Association of Australia'', a joint venture of Australia's largest banks, and was the nation's first mass market credit card. Before 1974, only store cards, Diners Club and American Express were available in Australia and these were either restrictive or only accessible to the wealthy. In the first decade after its introduction, Bankcard dominated the Australian credit card market, with more than five million cardholders at its peak in 1984.Bankcard victim of credit card war , bandt.com.au, Retrieved 20 August 2009 As a result of a declining cardholder base, falling transaction volumes and shrinking market share in relation to internationally accepted cred ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brand
A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and store value as brand equity for the object identified, to the benefit of the brand's customers, its owners and shareholders. Brand names are sometimes distinguished from Generic brand, generic or store brands. The practice of branding—in the original literal sense of marking by burning—is thought to have begun with the ancient Egyptians, who are known to have engaged in livestock branding and branded slaves as early as 2,700 BCE. Branding was used to differentiate one person's cattle from another's by means of a distinctive symbol burned into the animal's skin with a hot branding iron. If a person stole any of the cattle, anyone else who saw the symbol could deduce the actual owner. The term has been extended to mean a strategic person ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commonwealth Bank
The Commonwealth Bank of Australia (CBA), also known as Commonwealth Bank or simply CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States, and the United Kingdom. It provides a variety of financial services, including retail, business and institutional banking, funds management, superannuation, insurance, investment, and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of July 2024, with brands including Bankwest, Colonial First State Investments, ASB Bank (New Zealand), Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure). Its former constituent parts were the Commonwealth Trading Bank of Australia, the Commonwealth Savings Bank of Australia, and the Commonwealth Development Bank. Founded in 1911 by the Australian Government and fully privatised in 1996, the Commonwealth Bank is one of the big four Australian banks, with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Australia
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank. There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, and a large number of other financial institutions, such as credit unions, building societies and mutual banks, which provide limited banking-type services and are described as authorised deposit-taking institutions (ADIs). Many large foreign banks have a presence, but few have a retail banking presence. The central bank is the Reserve Bank of Australia (RBA). The Australian government’s Financial Claims Scheme guarantees deposits up to $250,000 per account-holder per ADI in the event of the ADI failing. Banks require a bank licence under the ''Banking Act 1959''. Foreign banks require a licence to operate through a branch in Australia, as do Australian-incorporated foreign bank subsidiaries. Complying ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankcard
Bankcard was a shared brand credit card issued by financial institutions in Australia and New Zealand between 1974 and 2006. It was managed by the ''Bankcard Association of Australia'', a joint venture of Australia's largest banks, and was the nation's first mass market credit card. Before 1974, only store cards, Diners Club and American Express were available in Australia and these were either restrictive or only accessible to the wealthy. In the first decade after its introduction, Bankcard dominated the Australian credit card market, with more than five million cardholders at its peak in 1984.Bankcard victim of credit card war , bandt.com.au, Retrieved 20 August 2009 As a result of a declining cardholder base, falling transaction volumes and shrinking market share in relation to internationally accepted cre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Debt
In economics, consumer debt is the amount owed by consumers (as opposed to amounts owed by businesses or governments). It includes debts incurred on purchase of goods that are consumable and/or do not appreciate. In macroeconomic terms, it is debt which is used to fund consumption rather than investment. The most common forms of consumer debt are credit card debt, payday loans, student loans and other consumer finance, which are often at higher interest rates than long-term secured loans, such as mortgages. Long-term consumer debt is often considered fiscally suboptimal. While some consumer items such as automobiles may be marketed as having high levels of utility that justify incurring short-term debt, most consumer goods are not. For example, incurring high-interest consumer debt through buying a big-screen television "now", rather than saving for it, cannot usually be financially justified by the subjective benefits of having the television early. In many countries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Regulation
Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest considerations; and information asymmetry, which justifies curbs on freedom of contract in selected areas of financial services, particularly those that involve retail clients and/or principal–agent problems. An integral part of financial regulation is the supervision of designated financial firms and markets by specialized authorities such as securities commissions and bank supervision, bank supervisors. In some jurisdictions, certain aspects of financial supervision are delegated to self-regulatory organizations. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law. History In the early modern period, the Dutch were the pioneers in finan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RMIT
The Royal Melbourne Institute of Technology (abbreviated as RMIT University) is a public research university located in the city of Melbourne in Victoria, Australia., section 4(b) Established in 1887 by Francis Ormond, it is the seventh-oldest institution of higher education in Australia, a founding member of the Australian Technology Network (ATN), and a member of Universities Australia (UA). RMIT began as a night school offering classes in art, science and technology in response to the Industrial Revolution in Australia. It was a private college for more than a hundred years before merging with the Phillip Institute of Technology to become a public university in 1992. It has an enrolment of around 95,000 higher and vocational education students. With an annual revenue of around A$1.5 billion. It is ranked 15th in the World for art and design subjects in the QS World University Rankings. The main campus of RMIT is situated on the northern edge of the historic Hodd ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gerry Harvey
Gerry Harvey (born 18 September 1939) is an Australian entrepreneur best known for being the executive chairman of Harvey Norman Holdings, a company which runs Australian retail chain Harvey Norman. He co-founded it with Ian Norman in 1982. Biography Harvey was born in rural New South Wales and attended school at Bathurst and Katoomba before moving to Sydney to go to university when he was 17, but he dropped out. He got his start early, selling vacuum cleaners and fridges door-to-door for Goodwins of Newtown. When he was younger, Harvey was determined to be a farmer. Harvey first met Ian Norman while both were working as door-to-door vacuum salesmen. They partnered to open their first store in Sydney in 1961. The chain, which was called Norman Ross, expanded to forty-two stores with annual sales of 240 million by 1979. This company was sold in 1982 to firstly Grace Bros. for $23 million, then was onsold to Alan Bond's Walton Bond company. After that transaction was co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of New South Wales Press
The University of New South Wales Press Ltd. is an Australian academic book publishing company launched in 1962 and based in Randwick, a suburb of Sydney. The ACNC not-for-profit entity has three divisions: NewSouth Publishing (the publishing arm of the company), NewSouth Books (the sales, marketing and distribution part of the company), and the UNSW Bookshop, situated at the Kensington campus of the University of New South Wales, Sydney. The press is currently a member of the Association of University Presses. UNSW Press Board The board of directors of University of New South Wales Press Ltd is appointed by the Council of the University of New South Wales. Professor Merlin Crossley is Deputy Vice-Chancellor Academic, UNSW and the Chair of UNSW Press Ltd. Lynette Petrie is director of management reporting and analysis, in the Finance division of UNSW Sydney. George Williams AO is Deputy Vice-Chancellor, Planning and Assurance, Anthony Mason Professor and a Scientia Professor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumerism
Consumerism is a socio-cultural and economic phenomenon that is typical of industrialized societies. It is characterized by the continuous acquisition of goods and services in ever-increasing quantities. In contemporary consumer society, the purchase and the consumption of products have evolved beyond the mere satisfaction of basic human needs, Stearns, Peter (2006). ''Consumerism in World History''. 2nd ed. Routledge. p. vii–viii. transforming into an activity that is not only economic but also cultural, social, and even identity-forming. It emerged in Western Europe and the United States during the Industrial Revolution and became widespread around the 20th century. In economics, consumerism refers to policies that emphasize consumption. It is the consideration that the free choice of consumers should strongly inform the choice by manufacturers of what is produced and how, and therefore influence the economic organization of a society. Consumerism has been criticized b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gregory Melleuish
Gregory Melleuish (born 1954) is an Australian associate professor of history and politics at the University of Wollongong. Subjects he teaches include Australian politics, political theory, world history and ancient history. Previously, he taught European history at the University of Melbourne and Australian Studies at the University of Queensland. He occasionally contributes opinion pieces for ''The Australian'', ''The Conversation'' and On Line Opinion. He has been contributing editor of the Canada-based history journal, The Dorchester Review since 2011. Political leanings Melleuish is a political conservative, who supports liberalism and admires the conservative philosopher Edmund Burke. In his occasional columns, he often advocates laissez-faire economic policieand criticises the way history is taught in Australian schools and universities. His main interests include: * Australian political culture * Australian intellectual history with an emphasis on political, cultural a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
