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 Impact of Financial Intermediaries on Resource Allocation and Economic Growth
1 Feb 2006
RDP
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699KB
In particular, the adoption of a universal, as opposed to an arms-length, banking system is likely to reduce the costs associated with screening problems. ... However, DeLong (1991) argues that prior to World War I the US banking system was more like the
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9213.pdf
The Determinants of Corporate Leverage: A Panel Data Analysis
30 Nov 2009
RDP
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104KB
7Alternatively, agency costs may arise between managers and equity holders ifprojects are financed using debt. ... While the agency cost literature is replete with theoretical models, testableimplications are scarce.
https://www.rba.gov.au/publications/rdp/1993/pdf/rdp9313.pdf
The Supervisory Treatment of Banks’ Market Risk
30 Nov 2009
RDP
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76KB
The. 1 Basle Committee on Banking Supervision (1993),The Supervisory Treatment of Market Risk,. ... 3. A desire to achieve greater consistency in supervisory treatment betweeninternational banking and securities regulators.
https://www.rba.gov.au/publications/rdp/1994/pdf/rdp9408.pdf
Current Account Deficits: The Australian Debate
12 Mar 2007
RDP
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289KB
On the financial side, the banking sector underwent further deregulation, a process which had started in the late 1970s. ... This gained further credibility when the credit rating agencies downgraded Australian Commonwealth debt (Gruen and Stevens 2000).
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-02.pdf
Changes in the Characteristics of the Australian Business Cycle: Some Lessons for Monetary Policy from the 1980s and Early 1990s
31 Jan 2006
RDP
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758KB
the domestic banking system being opened to competition froin foreign. banks by 1985.
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9212.pdf
The Impact of Rating Changes in Australian Financial Markets
2 Dec 2009
RDP
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328KB
Accord is likely to give agencies a role in determining banks’ regulatory capital.1. ... Securities Commissions (2003). 2. The formal evidence on rating agency performance is mixed.
https://www.rba.gov.au/publications/rdp/2004/pdf/rdp2004-02.pdf
The Origin of the Asian Financial Turmoil
1 Dec 2009
RDP
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451KB
large unhedged foreign exchange positions and weak banking and financialsystems contributed to vulnerability and sharply constrained the authorities’room for manoeuvre;. • ... In some cases, currency crises alsospill over into (or are caused by)
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9805.pdf
Towards an Understanding of Australia’s Co-movement with Foreign Business Cycles
1 Dec 2009
RDP
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148KB
TOWARDS AN UNDERSTANDING OF AUSTRALIA’SCO-MOVEMENT WITH FOREIGN BUSINESS CYCLES. Nicolas de Roos and Bill Russell. Research Discussion Paper. 9607. November 1996. Economic Research Department. Reserve Bank of Australia. We would like to especially
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9607.pdf
Issues in Modelling Monetary Policy
1 Dec 2009
RDP
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94KB
Blinder, A.S. (1995), ‘Central Banking in Theory and Practice’, Marshall Lectures,University of Cambridge, England, May. ... 9504. Lowe, P. and T. Rohling (1993), ‘Agency Costs, Balance Sheets and the BusinessCycle’, Reserve Bank of Australia
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9604.pdf
A Select Bibliography of Published Research by Staff of the Reserve Bank of Australia: 1991–2001
1 Dec 2009
RDP
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201KB
7. 9311 Lowe PW and T Rohling, ‘Agency Costs, Balance Sheets and the Business Cycle’. ... 22. Ferguson R An Investment Banking Perspective on the Future of the Financial System.
https://www.rba.gov.au/publications/rdp/2001/pdf/rdp2001-10.pdf