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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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3.3 Risk Management

19 Oct 2023 RBA Annual Report – October 2023
Risk Management | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/risk-management.html

Reserve Bank of Australia Annual Report – 2021

21 Oct 2021 Annual Report
banking services to clients (mainly the Australian Government, as well as foreign central banks). ... 234. KB. The Reserve Bank provides banking and payment services to meet the needs of the Australian Government and to support an efficient and stable
https://www.rba.gov.au/publications/annual-reports/rba/2021/

Banking and Payment Services

25 Sep 2017 RBA Annual Report – 2017
This will enable the Bank to continue to meet the banking and payment needs of its government and agency customers and, in turn, the Australian public. ... Both are provided with the objective of delivering secure and efficient arrangements to meet the
https://www.rba.gov.au/publications/annual-reports/rba/2017/banking-and-payment-services.html

Banking and Payment Services

20 Sep 2018 RBA Annual Report – 2018
This will enable the Bank to continue to meet the banking and payment needs of its government and agency customers and, in turn, the Australian public. ... Both are provided with the objective of delivering secure and efficient arrangements to meet the
https://www.rba.gov.au/publications/annual-reports/rba/2018/banking-and-payment-services.html

International and Foreign Exchange Markets

8 Nov 2012 SMP – November 2012 PDF 1291KB
https://www.rba.gov.au/publications/smp/2012/nov/pdf/intl-fx-mkts.pdf

Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
Both agencies also notify each other, and provide an opportunity for comment and discussion, when considering policies relating to competition in the payments system. ... The two agencies have also worked together on particular issues, including most
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf

Reserve Bank of Australia Annual Report – 2022

27 Oct 2022 Annual Report
The Review of the Reserve Bank will exclude the Banks payments, financial infrastructure, banking and banknotes functions. ... 375. KB. The Reserve Bank provides banking and payment services to meet the needs of the Australian Government and to support
https://www.rba.gov.au/publications/annual-reports/rba/2022/

Box A: Small Banks in China

9 Aug 2019 SMP – August 2019
The People's Bank of China (PBC) has sought to maintain favourable financing conditions by ensuring a generally high level of liquidity in China's banking system. ... There is also ongoing uncertainty around the authorities' approach to bank resolution
https://www.rba.gov.au/publications/smp/2019/aug/box-a-small-banks-in-china.html

International and Foreign Exchange Markets

10 Nov 2009 SMP – November 2009
In the United States, spreads between yields on housing agency debt and US Treasuries are near pre-crisis lows. ... The Fed also reduced its target for agency debt purchases from US$200 billion to around US$175 billion.
https://www.rba.gov.au/publications/smp/2009/nov/intl-fx-mkts.html