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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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Agency Costs, Balance Sheets and the Business Cycle

1 Nov 1993 RDP 9311
Philip Lowe and Thomas Rohling
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1993/9311.html
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2.3 Banking and Payment Services

19 Oct 2023 RBA Annual Report – October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html

Banking and Payment Services

27 Oct 2022 RBA Annual Report – October 2022
The Bank aims to deliver secure, reliable, cost-effective banking and payment services to the Australian Government and its agencies. ... Currently, the Bank provides transactional banking services to more than 100 Australian Government agencies.
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html

Consultations

23 May 2024 Consultations
Index of Consultations
https://www.rba.gov.au/publications/consultations/

Banking and Payment Services

21 Oct 2021 RBA Annual Report – 2021
Transactional banking services. The Reserve Bank aims to deliver secure, reliable, cost-effective banking and payment services to the Australian Government and its agencies. ... The Bank currently provides transactional banking services to more than
https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html

Banking and Payment Services

12 Apr 2020 RBA Annual Report – 2020
public. The Reserve Bank aims to deliver secure and efficient banking and payment arrangements to the Australian Government and its agencies. ... Currently, the Bank provides transactional banking services to over 90 Australian Government agencies.
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html

Regulatory Challenges of Cross-border Banking: Possible Ways Forward | Conference – 2007

20 Aug 2007 Conferences
Stefan Ingves
RBA Annual Conference – 2007 Regulatory Challenges of Cross-border Banking: Possible Ways Forward Stefan Ingves. ... One challenge presented by cross-border banking is that it increases the interdependence between countries.
https://www.rba.gov.au/publications/confs/2007/ingves.html

An Investment Banking Perspective on the Future of the Financial System | Conference – 1996

9 Jul 1996 Conferences
Rob Ferguson
Commercial and investment banking were legally separated in the US between 1933 and 1990. ... Glass-Steagall Act, prompting European investment banking aspirants to acquire US investment banks.
https://www.rba.gov.au/publications/confs/1996/ferguson-r.html

Banking Concentration, Financial Stability and Public Policy | Conference – 2007

20 Aug 2007 Conferences
Kevin Davis
RBA Annual Conference – 2007 Banking Concentration, Financial Stability and Public Policy Kevin Davis. ... First, what does the empirical evidence suggest about trends in banking sector concentration?
https://www.rba.gov.au/publications/confs/2007/davis.html

1.1 Our Role

19 Oct 2023 RBA Annual Report – October 2023
Our Role | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/our-role.html