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RBA Glossary definition for RITS

RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.

RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.

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Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
It owns, operates and. participates in the system providing real-time gross settlement of high-value payments between financial institutions, the Reserve Bank Information and Transfer System (RITS).
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf

The Australian Financial System

26 Mar 2013 FSR - March 2013 PDF 1130KB
https://www.rba.gov.au/publications/fsr/2013/mar/pdf/aus-fin-sys.pdf

The Australian Financial System

29 Mar 2012 FSR – March 2012 PDF 513KB
https://www.rba.gov.au/publications/fsr/2012/mar/pdf/aus-fin-sys.pdf

The Australian Financial System

15 Oct 2019 FSR - October 2019 PDF 459KB
https://www.rba.gov.au/publications/fsr/2019/oct/pdf/03-australian-financial-system.pdf

Financial Stability Review March 2014

26 Mar 2014 FSR March 2014 PDF 1956KB
https://www.rba.gov.au/publications/fsr/2014/mar/pdf/0314.pdf

Financial Stability Review - September 2011

22 Sep 2011 FSR - September 2011 PDF 628KB
https://www.rba.gov.au/publications/fsr/2011/sep/pdf/aus-fin-sys.pdf

The Australian Financial System

18 Aug 2011 FSR – March 2011 PDF 537KB
https://www.rba.gov.au/publications/fsr/2011/mar/pdf/aus-fin-sys.pdf

Financial Stability Review March 2015

24 Mar 2015 FSR March 2015 PDF 1257KB
https://www.rba.gov.au/publications/fsr/2015/mar/pdf/0315.pdf

Financial Stability Review

1 Apr 2004 FSR PDF 611KB
Financial Stability ReviewMarch 2004. Foreword 1. Overview 2. The Macroeconomic Environment 4. Box A: Tax Data on Households’ Property Investment Exposures 17. Box B: The Use of Debt Agreements as an Alternative to Personal Bankruptcy 19.
https://www.rba.gov.au/publications/fsr/2004/mar/pdf/0304.pdf

Submission on Data Sharing and Release Legislation

18 Oct 2018 Submissions PDF 207KB
Similar  concerns  would  relate  to  data  resulting  from  the Bank’s operation of  the  interbank payments  settlement  system  (the Reserve Bank  Information and  Transfer  System, known  as  RITS) and  specialised 
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/pdf/data-sharing-and-release-legislation_2018-08.pdf