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RBA Glossary definition for agency banking

agency banking – Since 1 July 1999 all Australian Government departments and agencies have been responsible for their own individual banking arrangements. Under devolved banking arrangements, agencies are required to test the services previously provided by the Reserve Bank of Australia (RBA) against what is available from other financial institutions. However, the Australian Government's core account, the Official Public Account, remained with the RBA. A system sweeps balances of Australian Government departments and agencies from their transactional banker to the Official Public Account at the RBA each night.

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Statement on Monetary Policy

6 Dec 2023 SMP - August 2023 PDF 9542KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/statement-on-monetary-policy-2023-08.pdf

Our Role

21 Oct 2021 RBA Annual Report – 2021
financial system and support effective and efficient regulation by the financial regulatory agencies. ... The Reserve Bank's banking services fall into two components: those services provided in its capacity as the central bank; and those transactional
https://www.rba.gov.au/publications/annual-reports/rba/2021/our-role.html

Banking and Payment Services

9 Aug 2023 RBA Annual Report - 2022 PDF 351KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/banking-and-payment-services.pdf

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 304KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/risk-management.pdf

Reserve Bank of Australia Annual Report 2023

8 Feb 2024 RBA Annual Report - 2023 PDF 641KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/international-financial-cooperation.pdf

Box A: Small Banks in China

9 Aug 2019 SMP - August 2019 PDF 271KB
https://www.rba.gov.au/publications/smp/2019/aug/pdf/box-a-small-banks-in-china.pdf

Reserve Bank of Australia Annual Report – 2020

14 Oct 2020 Annual Report
banking services to clients (mainly the Australian Government as well as foreign central banks). ... These services are consistent with the Bank's strategic goal of providing innovative, high-quality banking and payment services to the Australian
https://www.rba.gov.au/publications/annual-reports/rba/2020/

Risk Management

27 Oct 2022 RBA Annual Report – October 2022
with modest holdings of securities issued by highly rated supranational institutions and government agencies. ... providing banking facilities for a number of government entities, including the Australian Taxation Office, Medicare and Centrelink.
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html

Reserve Bank of Australia Annual Report – 2015

16 Oct 2015 Annual Report
clients (mainly the Australian Government and its agencies and foreign central banks) and issuing banknotes. ... The Bank works closely with its government and agency clients to ensure that they can access services consistent with both their needs and
https://www.rba.gov.au/publications/annual-reports/rba/2015/

Banking and Payments

16 Oct 2013 RBA Annual Report – 2013
These include services associated with the operation of the Australian Government's principal public accounts; transactional banking services to government agencies; custodial, registry and related services; and the operation of the ... Both are provided
https://www.rba.gov.au/publications/annual-reports/rba/2013/banking-payments.html