answersLogoWhite

0


Best Answer

It formerly was the central bank of Australia and government run, until the independent RBA was established and took responsibility of the central bank. Following that the Commonwealth bank was privatised.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is commonwealth bank of Australia private or government bank?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Did the Australian One Dollar note always have the Commonwealth of Australia on it?

All Australian bank notes had "COMMONWEALTH OF AUSTRALIA" on them until 1972. Following a change of government in November 1972, the words "COMMONWEALTH OF AUSTRALIA" were replaced with "AUSTRALIA".


Swift code for commonwealth bank of Australia?

The SWIFT Code for Commonwealth Bank is CTBAAU2S


Where is the commonwealth sectary located?

The Commonwealth Bank is located in Australia


What is the largest bank in Australia?

Commonwealth Bank of Australia and Westpac Banking Corporation.


What are the origins of the Commonwealth Bank?

The Commonwealth Bank of Australia, more commonly known as the Commonwealth Bank, was founded in 1911 in Australia. It operates across New Zealand, Fiji, Asia, the US and the UK.


Who owns the reserve bank of Australia?

The Commonwealth


Is commonwealth bank open on Saturdays i.e 3 oct?

No the Commonwealth Bank if on open on Saturdays in Australia. (today).


What services do Commonwealth Bank Australia offer?

The Commonwealth Bank offers many different services. Some services that the Commonwealth Bank offers include retail banking, insurance, and investment.


Is there a BPI Family Savings Bank in Australia and where is it?

There is no BPI bank here in Australia, but you can make Depsits through Commonwealth Bank branches.


Bsb number for commonwealth bank of australia st james branch?

062-021 Commonwealth Bank of Australia Market & Castlereagh Streets Sydney NSW St James


What is the bsb no for commonwealth bank in stawell?

063-528 Commonwealth Bank of Australia 101 Main Street Stawell VIC Stawell


What are the opening hours of the Commonwealth Bank?

The opening hours on the Commonwealth Bank located in the country of Australia would be 9:30 AM to 4:00 PM on weekdays. The Commonwealth Bank is closed on weekends.