The Australian Trading Banks
Condition: SECONDHAND
This is a secondhand book. The jacket image is a photograph of the exact copy we have in stock. This image shows the condition of this book. Further condition remarks are below.
Condition remarks:
Book: Good
Jacket: Chipped and worn with some minor damage
Pages: Yellowed
At the heart of Australia's post-war economic transformation stands its banking system, and The Australian Trading Banks by H. W. Arndt and C. P. Harris presents one of the most authoritative and detailed accounts of how these institutions shaped the nation's financial landscape. This seminal work chronicles the structure, operations, and regulatory environment of Australia's trading banks, arguing that their evolution is inseparable from the broader story of Australian economic development. Written with academic rigour and clarity, it instructs both the specialist and the informed general reader in the mechanics of deposit banking, credit creation, and the complex relationship between private banks and the Commonwealth Bank as the central authority. Now in its Third Edition, this work illustrates the enduring relevance of its subject matter, having been revised and expanded to reflect the shifting tides of monetary policy and financial regulation in mid-twentieth-century Australia. Arndt, a distinguished economist at the Australian National University, brings analytical precision and depth to the subject, while Harris contributes complementary expertise that strengthens the work's empirical foundations. A cornerstone of Australian economic literature, this volume raises questions about the tension between banking autonomy and public interest that remain as provocative today as when they were first posed.
Author: H. W. Arndt And C. P. Harris
Format: Hardback
Genre: Australian history
Condition remarks:
Book: Good
Jacket: Chipped and worn with some minor damage
Pages: Yellowed
At the heart of Australia's post-war economic transformation stands its banking system, and The Australian Trading Banks by H. W. Arndt and C. P. Harris presents one of the most authoritative and detailed accounts of how these institutions shaped the nation's financial landscape. This seminal work chronicles the structure, operations, and regulatory environment of Australia's trading banks, arguing that their evolution is inseparable from the broader story of Australian economic development. Written with academic rigour and clarity, it instructs both the specialist and the informed general reader in the mechanics of deposit banking, credit creation, and the complex relationship between private banks and the Commonwealth Bank as the central authority. Now in its Third Edition, this work illustrates the enduring relevance of its subject matter, having been revised and expanded to reflect the shifting tides of monetary policy and financial regulation in mid-twentieth-century Australia. Arndt, a distinguished economist at the Australian National University, brings analytical precision and depth to the subject, while Harris contributes complementary expertise that strengthens the work's empirical foundations. A cornerstone of Australian economic literature, this volume raises questions about the tension between banking autonomy and public interest that remain as provocative today as when they were first posed.