Donald Sanders interviewed by Peter Donovan in the Australian finance sector oral history project [sound recording]
- Bib ID:
- 4803145
- Format:
- Audio
- Author:
- Sanders, Don, interviewee
- Access Conditions:
- Access open for research, personal copies and public use.
- Description:
-
- 2010
- 5 sound files (ca. 446 min.)
- Series:
- Australian finance sector oral history project.
- Summary:
-
Donald Sanders talks about his family background; his brother and childhood; the mining community and the WWII period at Keiraville; family religion; his school experiences; joining the Commonwealth Bank; gender roles in the Bank in 1940s; his commitment to a banking career and university; university life immediately post-war from 1946; mixing university and work life; his wife’s background; his career progress in the Commonwealth Bank; relationship of Commonwealth Bank to other banks; his transfer to Treasury and role; relationship between Treasury and central bank operations of the Commonwealth Bank; his return to the Economics Department; Dr H.C. 'Nugget' Coombs; bank nationalisation; banking relations with Asia; the London School of Economics; secondment to the Bank of England; return to Australia to the Reserve Bank as an economist; his career progression in the Reserve Bank; lecturing at the Asian Institute for Economic Planning and Development, Chulalongkorn University; secondment to Washington for three months.
Sanders discusses his appointment as Deputy Governor of the Reserve Bank; Whitlam Government; the Loans Affair; the Campbell Committee; award of Companion of Order of the Bath; financial deregulation; floating the Australian Dollar; entry of foreign banks to Australia; deregulation and non-banking financial institutions; his resignation as Deputy Governor; joining the Commonwealth Bank as chief executive; superannuation implications; Commonwealth Bank culture; progress of deregulation; impending competition with privatisation; the share market crash (1987) and availability of finance; new initiatives and acquisitions; exploring overseas acquisitions; acquisition of the State Bank of Victoria; privatisation of the Commonwealth Bank; marketing campaigns; his retirement and succession at the Commonwealth Bank; the Australian Chamber Orchestra; his retirement and company directorships; the receipt of the AO on Australia Day 1994; the careers of his five children; his interests outside banking; technological change; the branch network; the status of bank managers; roles of advisers and mentors; relations with federal Treasurers and others.
- Notes:
-
- Recorded on 15-16 March 2010 at the National Library of Australia, Canberra, A.C.T.
- Digital master available National Library of Australia;
- Related Material:
- Portraits of Donald Sanders during an oral history interview by Peter Donovan at the National Library of Australia, Canberra, 15 March 2010; located at; National Library of Australia, Pictures collection PIC Online access #NL40210
- Index/Finding Aid Note:
- Timed summary (9 p.) and uncorrected transcript (typescript, 143 leaves)
- Subject:
- Occupation:
- Bankers
- Other authors/contributors:
- Donovan, P. F. (Peter Francis), 1945-, interviewer
- Related Records:
-
This belongs to the Australian finance sector oral history project.
This collection contains 4 records. - Copyright:
-
In Copyright
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- Reason for copyright status:
- Until 2080 [Created/Published Date + 70 Years]
Copyright status was determined using the following information:
- Material type:
- Sound Recording
- Published status:
- Unpublished
- Creation date:
- 2010
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
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