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Royal Institution of Australia

(Redirected from Adelaide Stock Exchange)

The Royal Institution of Australia (RiAus) is a national scientific not-for-profit organisation based in Adelaide, South Australia, whose mission is science communication. It opened in October 2009 and is housed in the historic Stock Exchange building, now known as The Science Exchange. RiAus publishes the Cosmos Magazine website and hosts the SCINEMA International Science Film Festival.

The historic Adelaide Stock Exchange building, home of RiAus

History

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The concept of a Royal Institution of Australia was proposed by Baroness Professor Susan Greenfield CBE, as Thinker in Residence for the South Australian Government during 2004 and 2005.[1][2] Greenfield was Director of the Royal Institution of Great Britain from 1998 to 2010. The South Australian premier Mike Rann was receptive of the idea and secured state, federal and private sector funding for the building and the programs. The Royal Institution of Australia's inaugural chairman was Peter Yates AM.[3][4]

The establishment of the Royal Institution of Australia was amongst the recommendations Greenfield made during her Adelaide residency, which included initiatives to encourage collaboration and complementary research programs across South Australian universities, science communication programs for children, professional development for school teachers and the establishment of the Australian Science Media Centre. A key recommendation was the Bragg Initiative, which encouraged a relationship between South Australia and the RiGB[5] and was taken up by the South Australian government.

The Bragg Initiative was named for William Henry Bragg and William Lawrence Bragg. This father and son team won the 1915 Nobel Prize in Physics for their "services in the analysis of crystal structures by means of X rays".[6] Both father and son had an enormous passion for communicating science to the broader community. The Bragg Initiative was a program within the Department of the Premier and Cabinet and was managed by Linda Cooper.[citation needed]

In June 2008, work commenced to convert the former Adelaide Stock Exchange building, which had remained empty for many years, into The Science Exchange.[7]

The Royal Institution of Australia was opened on 8 October 2009 by the President of the Council of RiGB, HRH Prince Edward, Duke of Kent.[8]

The Royal Institution of Australia foundation partners were the Government of South Australia, the Commonwealth Government and oil and gas company, Santos. It has a paid membership program, including both corporate and individual members.[citation needed]

Adelaide Stock Exchange Building

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The Science Exchange
"Adelaide Stock Exchange" redirects here. For the early history of this and other stock exchanges of Adelaide, see Green's Exchange.

The Royal Institution of Australia is housed at The Science Exchange, a red brick building located between Pirie and Grenfell streets in the Adelaide city centre (address 53-57 Exchange Place).[9]

The building is the former Stock Exchange building. The Adelaide Stock Exchange was established in the colony of South Australia in 1887 by a group of financial brokers and traders, after the other capital cities had established their own stock exchanges. After trading for some time on Pirie Street, it was decided that a bigger building was required.[10] The new building was designed by the architects Hedley Allen Dunn in collaboration with Henry Fuller in Federation/Edwardian style, with Arts and Crafts influences.

The building includes a stained glass window by Morris & Co, with three of the six panels after the designs of Edward Burne-Jones,[11][12] created by the company's chief designer J.H. Dearle. The window was donated by businessman George Brookman, intended to celebrate Australian federation, although as one source noted "it in fact represents more accurately the ideal of British Empire federation". The central figure is Britannia, with a black man on and a white woman representing Africa and Canada on one side, and on the other, another woman representing Australia, alongside "an inhabitant of the King's Indian dominions". The window is one of around 20 Morris Company windows identified in Australia, of which 14 are in Adelaide.[13]

It was opened on 6 September 1901 by the premier of South Australia John Jenkins.[10][14]

The building was damaged twice by fire, in 1938 and in 1982, but the stained-glass windows survived.[10] The stock exchange occupied the building until 1991, after which it remained vacant until 2009, when it was renovated and occupied by RiAus. Many of the original features were restored[10] in the western end of the building, while the eastern end is in contemporary design.[11]

The building was state heritage-listed on the South Australian Heritage Register on 8 November 1984,[9][15] and is also listed by the Australian Institute of Architects among the 120 nationally significant 20th-century buildings in South Australia.[16]

Description

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The Royal Institution of Australia is the first and only sister organisation outside of the UK of the Royal Institution of Great Britain (RiGB).[17]

As a national hub for science communication, the Royal Institution of Australia promotes public awareness and understanding of science. Its mission is "connecting people with the world of science". The Institution highlights the importance of science in everyday life through the Cosmos Magazine website, the SCINEMA International Science Film Festival, and the RiAus Education platform.[18]

RiAus receives financial and in-kind support from members, corporate partners, and donors.[citation needed]

Governance

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Directors

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The inaugural director of the Royal Institution of Australia was Professor Gavin Brown AO, Scottish born mathematician and former Vice Chancellor of the University of Adelaide and the University of Sydney.[19]

After the resignation of Brown, Jane Lomax-Smith filled in as acting director (2010-2011). Paul Willis, science communicator, paleontologist, science journalist, and broadcaster was the director from 2011 until July 2017. In 2017 the Royal Institution of Australia appointed Bradley Abraham as CEO and director. In addition, the council appointed Alan Duffy as its new lead scientist. Duffy is an astronomer and physicist working at Swinburne University of Technology.[citation needed]

Council

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The Royal Institution of Australia is governed by a council. As of April 2024, council members are:[20]

See also

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References

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  1. ^ "Susan Greenfield - Results". Adelaide Thinkers in Residence. Retrieved 24 January 2015.
  2. ^ "Stories (2007)". ABC. Retrieved 24 January 2015. Redirects to:
    "Royal Institution for Adelaide". The Science Show. ABC Radio National. 26 May 2007. Retrieved 25 January 2015.
  3. ^ Government news release, October 2009
  4. ^ Public Works Committee (Parliament South Australia) (29 November 2007). "Old Stock Exchange Building Refurbishment: 280th Report of the Public Works Committee" (PDF). Public Works Committee reports. PP 216 (Final Report): 4.
  5. ^ "Getting to the future first" (PDF). Report Insert : Susan Greenfield. Adelaide Thinker in Residence. Archived from the original (PDF) on 11 March 2015. Retrieved 24 January 2015.
  6. ^ "The Nobel Prize in Physics 1915". Nobelprize.org. Retrieved 24 January 2015.
  7. ^ "Adelaide Stock Exchange building trades roles". The Advertiser. 22 June 2008. Retrieved 24 January 2015.
  8. ^ "Science set to lead nation into future". The Advertiser. 9 October 2009. Retrieved 24 January 2015.
  9. ^ a b "53-57 Exchange Place ADELAIDE". The South Australia Heritage Places database. Retrieved 20 April 2024.
  10. ^ a b c d "The Stock Exchange/Science Exchange". Adelaide City Explorer. Retrieved 20 April 2024.
  11. ^ a b "Adelaide Stock Exchange". Architects of South Australia. University of South Australia. Retrieved 10 June 2014.
  12. ^ "Hedley Allen Dunn". Architects of South Australia. University of South Australia. Retrieved 10 June 2014.
  13. ^ "Adelaide Stock Exchange" (PDF). Heritage of the City of Adelaide. City of Adelaide. Retrieved 20 April 2024.
  14. ^ "The New Stock Exchange". The Advertiser (Adelaide). Vol. XLIV, no. 13, 382. South Australia. 7 September 1901. p. 6. Retrieved 20 April 2024 – via National Library of Australia.
  15. ^ "RiAus (Former Adelaide Stock Exchange)". Experience Adelaide. 16 September 2019. Retrieved 20 April 2024.
  16. ^ "120 notable buildings" (PDF). Australian Institute of Architects. Archived from the original (PDF) on 23 March 2017. Retrieved 8 May 2014.
  17. ^ "Control". Archived from the original on 7 June 2012. Retrieved 24 January 2015.
  18. ^ "Home". RiAus. 9 July 2020. Retrieved 20 April 2024.
  19. ^ Potter, Andrew (29 May 2008). "Professor Gavin Brown takes on royal role". The University of Sydney News. Archived from the original on 31 July 2008. Retrieved 12 August 2010.
  20. ^ "Organisation". Royal Institution of Australia. Retrieved 20 April 2024.
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