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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The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016
18 Mar 2016
Conferences
Probable hardware failures include a banking crisis that causes a credit crunch that, in turn, dislocates production economy-wide, or a budget crisis that necessitates reductions in important infrastructure and social ... The simple fact is that fiscal
https://www.rba.gov.au/publications/confs/2016/woo.html
Financial System Liquidity, Asset Prices and Monetary Policy | Conference – 2005
11 Jul 2005
Conferences
The banking sector holds mortgages on the asset side and deposits on the liabilities side. ... Let. be the aggregate sale of property by the banking sector given price v.
https://www.rba.gov.au/publications/confs/2005/shin.html
Setting Monetary Policy in East Asia: Goals, Developments and Institutions | Conference – 2001
24 Jul 2001
Conferences
In March 2001, the Bank of Japan adopted the goal of an end to deflation and promised to maintain large excess reserves in the banking system until such time as deflation
https://www.rba.gov.au/publications/confs/2001/mccauley.html
International and Foreign Exchange Markets
10 Aug 2009
SMP
– August 2009
In the United States, the Fed has eased monetary policy through outright purchases of US Treasuries, agency MBS and agency bonds. ... The housing agencies Fannie Mae and Freddie Mac reported first-quarter losses of around US$23 billion and US$10 billion,
https://www.rba.gov.au/publications/smp/2009/aug/intl-fx-mkts.html
International and Foreign Exchange Markets
10 Feb 2013
SMP
– February 2013
The recapitalisation of Spain's banking sector by the public sector is underway, with 39 billion in public capital having been provided to eight Spanish banks. ... In January, the Basel Committee on Banking Supervision (BCBS) issued its revised Liquidity
https://www.rba.gov.au/publications/smp/2013/feb/intl-fx-mkts.html
International and Foreign Exchange Markets
10 Nov 2011
SMP
– November 2011
Preliminary estimates by the European Banking Authority suggest a capital shortfall of 106 billion. ... Several regulatory agencies will be responsible for interpreting the rule and monitoring compliance in different markets.
https://www.rba.gov.au/publications/smp/2011/nov/intl-fx-mkts.html
The International Environment
6 May 2022
SMP
– May 2022
To offset this reduction in crude oil supply, members of the International Energy Agency (and particularly the United States) have released oil from their strategic reserves. ... However, emerging markets had received only modest banking and portfolio
https://www.rba.gov.au/publications/smp/2022/may/the-international-environment.html
Discussion | Conference – 2017
16 Mar 2017
Conferences
As in Australia, we in Canada have committees that foster close working relations among the agencies tasked with overseeing the financial system. ... Charles and Luci offer some good advice on how one can forge good relations across agencies.
https://www.rba.gov.au/publications/confs/2017/ellis-littrell-disc.html
Academic Views of Capital Flows: An Expanding Universe | Conference – 1999
9 Aug 1999
Conferences
a weak banking system made it vulnerable to a shift in private expectations. ... Actual banking crises do seem to be associated with concerns over asset quality.
https://www.rba.gov.au/publications/confs/1999/dooley-walsh.html
Exploring the Link between the Macroeconomic and Financial Cycles | Conference – 2017
16 Mar 2017
Conferences
If net worth varies procyclically with the business cycle, agency costs are countercyclical and amplify swings in borrowing, and therefore also investment, consumption and output.
https://www.rba.gov.au/publications/confs/2017/cagliarini-price.html