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Battle of the Banks (Paperback)

How ad men, barristers and bankers ended Ben Chifley’s boldest plan

P&S History > Social Science & Culture > Politics > Political History World History

Imprint: Australian Scholarly Publishing
Pages: 242
ISBN: 9781923267275
Published: 1st September 2025
Script Academic & Professional

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After the Second World War, the Australian Labor Prime Minister Ben Chifley embarked on a radical plan to replace the banking system with a single national bank, igniting a broad wave of resistance. The banking industry launched media campaigns, legal challenges and coast-to-coast protests to defeat the move. Opposition Leader Robert Menzies and the new Liberal Party opposed the takeover, harnessing the fury over bank nationalisation to win the first in a series of election triumphs that lasted almost a quarter of a century. This book is the story of the politicians, media magnates, ad men, feminists, community activists and bank clerks who contested the planned changes to Australian banking.

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