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RBA Glossary definition for balance of payments

balance of payments – A summary of the economic transactions between residents of one country and residents of other countries.

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Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

8 May 2024 Submissions
The Bank supports the inclusion of third-party payment initiation capability in Open Banking. ... As discussed earlier in this submission, from early 2022 the Mandated Payments Service (MPS) will enable the NPP to provide payment initiation services.
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

Domestic Financial Conditions

10 Feb 2023 SMP – February 2023
Since the previous. Statement. , the size of the balance sheet has been little changed at around $626 billion. ... At-call deposits (including loan offset balances) account for around 80 per cent of banks deposits on average.
https://www.rba.gov.au/publications/smp/2023/feb/domestic-financial-conditions.html

Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

8 May 2024 Submissions
Mobile payment services can be facilitated by a range of participants in the payments system including banks, technology companies and other third parties. ... Graph 1. Mobile payment services can in principle use a range of technologies to facilitate
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
Technological innovation in the supply of payment services has spurred substantial change in the way Australians are making payments. ... In most cases, these new players still rely on the existing payment system infrastructure and payments system
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions

8 May 2024 Submissions
choices in accepting payment instruments; improving access to payment systems; and increasing transparency in the payments system. ... As part of its work, the Board monitors developments in payments fraud, since fraudulent transactions can affect the
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html

Domestic Financial Conditions

4 Aug 2023 SMP – August 2023
Domestic Financial Conditions | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/domestic-financial-conditions.html

Outlook

6 Feb 2024 SMP – February 2024
Outlook | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/outlook.html

Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2020 | Responses and…

8 May 2024 Submissions
Submissions – Payments System Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology. ... Households and businesses are also well served by a modern, efficient and resilient electronic payment system
https://www.rba.gov.au/publications/submissions/payments-system/supplementary-submission-technology-12-2020/index.html

Economic Outlook

10 Nov 2023 SMP – November 2023
Economic Outlook | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/economic-outlook.html

Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions

8 May 2024 Submissions
In that submission, the Bank noted that, on balance, it supported the granting of interim authorisation for that purpose. ... The implementation of mandatory PIN@POS arrangements will impose costs on consumers, merchants and financial
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html