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 Origin of the Asian Financial Turmoil
1 Dec 2009
RDP
PDF
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
Background | Central Clearing of OTC Derivatives in Australia June 2011 | Consultations
7 Jun 2011
Consultations
The Council agencies' initial focus has been on how Australia should meet its G20 commitment in relation to the central clearing of OTC derivatives. ... An important context for Australian agencies in developing a reform agenda with respect to OTC
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives/background.html
Why did it Happen?
1 May 1998
RDP
9805
Thirdly, as part of the government's effort to promote Bangkok as a regional financial centre, the Bangkok International Banking Facility had been established in 1993, with a mandate (and special ... Finally, in two earlier banking crises, the government
https://www.rba.gov.au/publications/rdp/1998/1998-05/why-did-it-happen.html
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Funding Behaviour
31 Dec 2013
RDP
2013-15
Changes in the composition of funding will alter the nature of liquidity risk in the banking sector. ... Changes in the banking sector's asset allocation can also affect total deposits in the economy.
https://www.rba.gov.au/publications/rdp/2013/2013-15/funding-behaviour.html
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An Increase in Holdings of Liquid Assets
27 Oct 2008
RDP
2008-06
Over recent decades, the Australian banking system's holdings of ‘liquid’ assets have fallen significantly as a share of their aggregate balance sheet. ... This is in comparison to the total liquid assets of the banking system of around $350 billion.
https://www.rba.gov.au/publications/rdp/2008/2008-06/inc-holdings.html
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Issues in Modelling Monetary Policy
1 Dec 2009
RDP
PDF
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
Liquidity Shocks and the US Housing Credit Crisis of 2007–2008
2 Feb 2015
RDP
PDF
756KB
During recessions,the share of credit flowing to borrowers with more severe asymmetric informationand agency problems, such as small firms, decreases. ... In the United States, the RMBS market can bedivided into two sectors: agency and non-agency (or
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-05.pdf
A Select Bibliography of Published Research by Staff of the Reserve Bank of Australia: 1991–2001
1 Dec 2009
RDP
PDF
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
Loan Rate Stickiness: Theory and Evidence
31 Jan 2006
RDP
PDF
819KB
For a recent empirical evaluation of market structure in the Australian banking industry, see Fahrer and Rohling (1992). ... 2.1 Adverse Selection. Perhaps the most well known model concerning agency costs in banking is that developed by Stiglitz and
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9206.pdf
The Australian Experience
1 Dec 1992
RDP
9213
These papers highlight the fact that the controls on the banking sector led to the establishment of non-bank financial institutions. ... that governments should exercise control over the banking system as part of their responsibility to manage the
https://www.rba.gov.au/publications/rdp/1992/9213/australian-experience.html
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