Document ID: chunk:federal_register_of_legislation:F2021C01223:front:0:p36
Version: federal_register_of_legislation:F2021C01223
Segment Type: other
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Character Range: 97212–101796

other potential heritage values; and
         d)       review of specialist reports[35] to determine the authenticity of building fabric and to confirm the sequence of development of the Reserve Bank of Australia head office building.

In addition to the process of monitoring and further research, consideration has also been given to determining the likely impacts to the official heritage values of the Reserve Bank of Australia Head Office building in the event of future additions, adaptation, or changes in use, form or detail.

5.3                Application of Commonwealth Heritage criteria
The following section sets out the application of the Commonwealth Heritage criteria to the Head Office, Sydney of the Reserve Bank of Australia.  A place has Commonwealth Heritage value if and only if the place meets one of the Commonwealth Heritage criteria prescribed under Section 341D of the Environment Protection and Biodiversity Conservation 2000 (EPBC Regulations 2000 Div 10.05 (10.03A) – Commonwealth Heritage criteria).  It amplifies the existing Commonwealth Heritage values identified for the Head Office of the Reserve Bank of Australia in its Commonwealth Heritage Listing (Appendix 0).

CRITERIA                                                                                                                                                                                                OFFICIAL COMMONWEALTH VALUES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         COMMENTARY
                                                                                                                                                                                                        (Contained in CHL citation, ref Section 0)
Criterion (a)                                                                                                                                                                                           The Reserve Bank building (1964) designed by the Commonwealth Department of Works, Bank and Special Project Section, is highly significant in the development of post World War II multi storey office buildings in Australia. The building's significance has been retained through a major extension (1974-1980), recladding (1993) and internal refitting. The Reserve Bank building is of historical significance in its ability to demonstrate the changing functions and role of the Reserve Bank of Australia, particularly that of the head office, since 1964. The International style of the building represents the post war cultural shift within the banking industry, away from the traditional architectural emphasis on strength and stability towards a more contemporary and international style.  These official Commonwealth heritage values have been confirmed.  Fabric identified as having heritage significance has been retained and conserved in keeping with the Heritage Management Plan for the place and best-practice guidelines.
The place has significant heritage value because of the place's importance in the course, or pattern of Australia's natural or cultural history.
                                                                                                                                                                                                        The two foyer art works are of historical and aesthetic significance. The artworks by Bim Hilder and Margel Hinder are significant examples of Australian modernist sculpture of this period by two significant artists, who were selected as the winners of design competitions by the Reserve Bank. The furnishings by Fred Ward are of historical and aesthetic significance. Designed for the building by Ward, who was one of the leaders in modern Australian industrial design at this time, the furnishings are of a simple and functional design which are now considered to