Established in Sydney in 1817, the Bank of New South Wales (BNSW) was the first bank in Australia. Edward Smith Hall was its first cashier and secretary. During the 19th and early 20th century, the Bank opened branches first throughout Australia and Oceania, at Moreton Bay (Brisbane) in 1850, then in Victoria (1851), New Zealand (1861), South Australia (1877), Western Australia (1883), Fiji (1901), Papua New Guinea (1910) and Tasmania (1910). In 1982, BNSW merged with the Commercial Bank of Australia and changed their name to Westpac Banking Corporation. WBC was framed with the mission to become a significant Western-Pacific bank from which the Westpac portmanteau is derived. The brand name incorporated the "W" which had been the logo of the Bank of New South Wales (popularly known as "the Wales"). Today, Westpac Banking Corporation, more commonly known as Westpac, is an Australian bank and financial-services provider headquartered in Westpac Place, Sydney. It is one of Australia's…
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