Document ID: chunk:federal_register_of_legislation:F2021C01223:front:0:p8
Version: federal_register_of_legislation:F2021C01223
Segment Type: other
Provision Reference: 
Character Range: 19494–23114

Bank Head Office, Martin Place Sydney is a significant example of the work of the Commonwealth Department of Works built in the early 1960s in an International Modernist style.  It was built to house the specific functional requirements of the newly created Reserve Bank of Australia.

                                            It has strong historic associations with Dr HC Coombs and the early establishment of the Bank, as well as with the development of Australian economic policy and banking practice throughout the second half of the twentieth century and early twenty-first century.

                                            It has strong aesthetic values in its overall design and execution for the quality of its facades and public spaces, the use of high quality materials and in its contribution as a building element within the significant streetscapes of Macquarie Street and Martin Place.

Identified Commonwealth Heritage values     The Reserve Bank Head Office, Martin Place Sydney embodies the following historic heritage values:

                                                         Criterion A: Processes
                                                         Criterion B: Rarity
                                                         Criterion D: Characteristic values
                                                         Criterion E: Aesthetic characteristics
                                                         Criterion F: Technical achievement
                                                         Criterion G: Social value
                                                         Criterion H: Significant people

2.0              Introduction

2.1                Background
The Reserve Bank of Australia Workplace Department commissioned the review and upgrading of its Heritage Management Plan for the Reserve Bank of Australia Head Office building in March 2019 in keeping with its requirements under Section 341X(2) of the Environment Protection and Biodiversity Act 1999 (EPBC Act), as amended.  The table included in Section 11.1 of this Heritage Management Plan identifies where specific requirements of Schedule 7A (Regulation 10.03B) of the EPBC Act is addressed in this report.

The Reserve Bank of Australia (RBA) is obliged, as a Commonwealth agency, to protect Commonwealth Heritage values demonstrated by properties in its ownership.  The Reserve Bank of Australia Head Office building at 65 Martin Place Sydney was included on the Commonwealth Heritage List in June 2004 as an 'Included Place' (Place ID: 105456) for demonstrating the following Commonwealth Heritage values:
                  Criterion A (Processes);
                  Criterion B (Rarity);
                  Criterion D (Characteristic values);
                  Criterion E (Aesthetic characteristics);
                  Criterion F (Technical achievement);
                  Criterion G (Social value); and
                  Criterion H (Significant people).

This Heritage Management Plan has been adopted by the Reserve Bank of Australia to guide conservation and heritage management of its Head Office building located at 65 Martin Place Sydney.  This Heritage Management Plan should be read in conjunction with the Heritage Strategy 2019-2021 prepared for the Reserve Bank of Australia which sets out the obligations of the Reserve Bank under the Environmental Protection and Biodiversity Conservation Act 1999.

2.2                The Site
The Reserve Bank of Australia Head Office, located at 65 Martin Place, comprises three parcels of land, shown in Figure