The life and death of the Australian permanent building societies

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The life and death of the Australian permanent building societies

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Dianne Thomson, Malcolm Abbott

Abstract

Throughout the nineteenth and twentieth centuries permanent building societies have been important providers of housing finance in Australia. Despite their long history Australian building societies have been disappearing at a steady rate since the early 1980s as they have converted into banks or become involved in mergers. The purpose of this paper is to give a background account of the history of Australian building societies and put forward explanations for their past popularity and more recent disappearance from Australian housing finance markets.

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Article provided by Taylor and Francis Journals in its journal Accounting, Business and Financial History.

Volume (Year): 8 (1998)
Issue (Month): 1 (March)
Pages: 73-103
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Handle: RePEc:taf:acbsfi:v:8:y:1998:i:1:p:73-103

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Mester, Loretta J., 1991. "Agency costs among savings and loans," Journal of Financial Intermediation, Elsevier, vol. 1(3), pages 257-278, June. [Downloadable!] (restricted)
Mester, Loretta J., 1992. "Traditional and nontraditional banking: An information-theoretic approach," Journal of Banking & Finance, Elsevier, vol. 16(3), pages 545-566, June. [Downloadable!] (restricted)
Other versions:
- Loretta J. Mester, 1990. "Traditional and nontraditional banking: an information-theoretic approach," Working Papers 90-3, Federal Reserve Bank of Philadelphia.
Hardwick, Philip, 1989. "Economies of Scale in Building Societies," Applied Economics, Taylor and Francis Journals, vol. 21(10), pages 1291-1304, October.

Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Malcolm Anderson, 1999. "Accounting History Publications 1998," Accounting, Business and Financial History, Taylor and Francis Journals, vol. 9(3), pages 375-384, November. [Downloadable!] (restricted)
Monica Keneley, 2001. "The evolution of the Australian life insurance industry," Accounting, Business and Financial History, Taylor and Francis Journals, vol. 11(2), pages 145-170, July. [Downloadable!] (restricted)

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