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 Domestic Market Dealing Arrangements: Information Paper - 9 May 1996
11 Aug 2004
Media Release
PDF
81KB
to the banking system.
https://www.rba.gov.au/media-releases/1996/pdf/mr-96-06-info-paper.pdf
Media Releases – 1991
31 Dec 1991
Media releases
issued in 1991
https://www.rba.gov.au/media-releases/1991/
Media Releases – 1990
31 Dec 1990
Media releases
issued in 1990
https://www.rba.gov.au/media-releases/1990/
Media Releases – 2002
31 Dec 2002
Media releases
issued in 2002
https://www.rba.gov.au/media-releases/2002/
Official Sales of Gold
3 Jul 1997
Media Releases
Announcement that the Reserve Bank has sold 167 tonnes of gold, reducing its holdings from 247 tonnes to 80 tonnes. The sales were made gradually, taking care not to disrupt market conditions. The new level is consistent with Australia's longer-term
https://www.rba.gov.au/media-releases/1997/mr-97-13.html
Eligibility for Exchange Settlements Accounts
1 Mar 1999
Media Releases
Announcement made by the Payments System Board about changes to eligibility requirements for Exchange Settlement (ES) Accounts at the Reserve Bank of Australia
https://www.rba.gov.au/media-releases/1999/mr-99-02.html
Financial Corporations Act 1974
2 Jul 1999
Media Releases
Orders made under powers of the Governor under the Financial Corporations Act 1974
https://www.rba.gov.au/media-releases/1999/mr-99-06.html
A Proposal for Implementing Real Time Gross Settlement in Australia (Media Release 1995-05 attachment 2)
13 Aug 2004
Media Release
PDF
178KB
The system the Reserve Bank is investigating would form the core of the payments system, and would be complemented by development of existing or new payment delivery systems by the banking
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.pdf
Statement by the Governor, Mr Bernie Fraser: Monetary Policy Change
18 Dec 1990
Media Releases
Announcement of reduction in cash rates by a further 1 percentage point, to around 12 per cent
https://www.rba.gov.au/media-releases/1990/mr-90-32.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
7 Feb 2001
Media Releases
Announcement of reduction in the cash rate by 50 basis points to 5.75 per cent
https://www.rba.gov.au/media-releases/2001/mr-01-03.html