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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Reserve Bank of Australia Annual Report 2012 - Banking and Payments
13 Sep 2012
RBA Annual Report
2012
PDF
197KB
https://www.rba.gov.au/publications/annual-reports/rba/2012/pdf/banking-payments.pdf
Reserve Bank of Australia Annual Report 2020 - Banking and Payment Services
14 Oct 2020
Annual Report
PDF
581KB
Currently, the Bank provides transactional banking services to over 90 Australian Government agencies. ... As an Australian Government agency, the Reserve Bank’s transactional banking services are subject to the Australian Government’s competitive
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/banking-and-payment.pdf
Risk Management
27 Oct 2022
RBA Annual Report
– October 2022
with modest holdings of securities issued by highly rated supranational institutions and government agencies. ... providing banking facilities for a number of government entities, including the Australian Taxation Office, Medicare and Centrelink.
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html
Reserve Bank of Australia Annual Report – 2020
14 Oct 2020
Annual Report
banking services to clients (mainly the Australian Government as well as foreign central banks). ... These services are consistent with the Bank's strategic goal of providing innovative, high-quality banking and payment services to the Australian
https://www.rba.gov.au/publications/annual-reports/rba/2020/
Reserve Bank of Australia Annual Report – 2015
16 Oct 2015
Annual Report
clients (mainly the Australian Government and its agencies and foreign central banks) and issuing banknotes. ... The Bank works closely with its government and agency clients to ensure that they can access services consistent with both their needs and
https://www.rba.gov.au/publications/annual-reports/rba/2015/
Banking and Payments
16 Oct 2013
RBA Annual Report
– 2013
These include services associated with the operation of the Australian Government's principal public accounts; transactional banking services to government agencies; custodial, registry and related services; and the operation of the ... Both are provided
https://www.rba.gov.au/publications/annual-reports/rba/2013/banking-payments.html
Notes to and Forming Part of the Financials Statements
27 Oct 2022
RBA Annual Report
– October 2022
The useful life of payments systems and core banking software may be for a period of between 10 and 15 years, reflecting the period over which future economic benefits are expected ... 483). Other expenses. Banking service fees. (91). (78). Materials
https://www.rba.gov.au/publications/annual-reports/rba/2022/financial-statements/notes.html
Statement on Monetary Policy
6 Feb 2024
SMP
- February 2024
PDF
4547KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/statement-on-monetary-policy-2024-02.pdf
Banking and Payments
12 Sep 2014
RBA Annual Report
– 2014
These include services associated with the operation of the government's principal public accounts; transactional banking services to government agencies; custodial, registry and related services; and the operation of the ... Both are provided with the
https://www.rba.gov.au/publications/annual-reports/rba/2014/banking-payments.html
Financial System Surveillance
9 Mar 2023
RBA Annual Report
– 1988
In April 1988, legislation was enacted permitting the establishment of offshore banking units. ... It provides mechanisms for law enforcement agencies to trace, freeze and confiscate proceeds of crime.
https://www.rba.gov.au/publications/annual-reports/rba/1988/fin-sys-surveillance.html