Search: agency banking
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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International and Foreign Exchange Markets
10 Aug 2016
SMP
– August 2016
Yields on UK sovereign bonds declined despite a ratings downgrade (by two ratings agencies) following the referendum. ... around 70 per cent of banking assets in the European Union) in strengthening their capital.
https://www.rba.gov.au/publications/smp/2016/aug/international-and-foreign-exchange-markets.html
Financial Conditions
7 May 2024
SMP
– May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html
Financial Conditions
6 Feb 2024
SMP
– February 2024
Financial Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/financial-conditions.html
Domestic Financial Conditions
7 Aug 2020
SMP
– August 2020
Graph 4.6. Graph 4.7. Graph 4.8. Liquidity in the banking system – as measured by banks' exchange settlement (ES) balances held at the Reserve Bank – remains elevated. ... in the banking system, and was expected when the policies were implemented.
https://www.rba.gov.au/publications/smp/2020/aug/domestic-financial-conditions.html
Domestic Financial Conditions
5 Nov 2020
SMP
– November 2020
The TFF continues to support low funding costs across the economy by providing the banking sector with low-cost term funding. ... On the liabilities side, this has been mirrored by an increase in ES balances as the policy measures have substantially
https://www.rba.gov.au/publications/smp/2020/nov/domestic-financial-conditions.html
Domestic Financial Conditions
4 Feb 2021
SMP
– February 2021
Graph 3.6. Liquidity in the banking system – as measured by exchange settlement (ES) balances held at the Reserve Bank – has increased further in recent months (Graph 3.7). ... This was expected and is consistent with the experience of other
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html
Domestic Financial Conditions
6 Aug 2021
SMP
– August 2021
Liquidity in the banking system – as measured by surplus ES balances – is currently around $350 billion compared with around $2 billion–$3 billion in the period before the pandemic. ... Similarly, the increased availability of consumers' banking
https://www.rba.gov.au/publications/smp/2021/aug/domestic-financial-conditions.html
Domestic Financial Conditions
6 May 2021
SMP
– May 2021
continues. Graph 3.11. Graph 3.12. Liquidity in the banking system – as measured by ES balances held at the Reserve Bank – has continued to increase over recent months, reflecting the ... 25). The stock of deposits in the banking system has increased
https://www.rba.gov.au/publications/smp/2021/may/domestic-financial-conditions.html
Statement on Monetary Policy
7 May 2024
SMP
The Reserve Bank issues a Statement on Monetary Policy four times a year. These statements assess current economic conditions and the prospects for inflation and output growth. These statements have replaced the Semi-Annual Statements on Monetary
https://www.rba.gov.au/publications/smp/
Domestic Financial Conditions
8 May 2020
SMP
– May 2020
Graph 4.7. In response to the very large rise in cash balances in the banking system, as expected, the cash rate has declined below 25 basis points. ... For the banking system as a whole, the initial TFF allocation is sufficient to replace almost all of
https://www.rba.gov.au/publications/smp/2020/may/domestic-financial-conditions.html