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Bank of New South Wales v Commonwealth : ウィキペディア英語版 | Bank of New South Wales v Commonwealth
Bank of New South Wales v The Commonwealth (1948) 76 CLR 1, also known as the Bank Nationalisation Case, is a notable case of the High Court of Australia. It is available on JADE by searching (76 CLR 1 ). The decision is 400 pages long. ==Background==
Comfortable in government after two strong election wins, the Labor government of Ben Chifley announced in 1947 its intention to nationalise private banks in Australia. It achieved this process by passing the ''Banking Act 1947'' (Cth). The policy was that banks would be purchased by the Commonwealth Bank of Australia, which in turn would be owned by the Federal Government. The policy proved controversial, and the Bank of New South Wales challenged the constitutional validity of the law.
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