GS-CN-004

1950s: Peace & prosperity

The Bank continued to grow and ride an ever-expanding Australian economy following the end of wartime constraints.

The fund continued investing in government bonds to help diversify investments on behalf of members, which would have been a significant portion of the Bank’s 14,000+ employees at the time.

In 1957 the first Advisory Committee on investments by the fund was established, and by the end of the decade the fund had over £22 million in assets.