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RBA Glossary definition for direct debit

direct debit – A pre-authorised debit on the payer's bank account initiated by the recipient (payee).

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Bank Deregulation in Australia: Choice and Diversity, Gainers and Losers | Conference – 1991

21 Jun 1991 Conferences
Ian Harper
Again, non-bank financial intermediaries and direct financiers stepped in to fill the breach. ... Bankcard debit/credit card. Enhanced retirement services. 1987. Life insurance. Fixed-rate mortgage lending.
https://www.rba.gov.au/publications/confs/1991/harper.html

The Australian Financial System in the 1990s | Conference – 2000

21 Jun 1990 Conferences
Marianne Gizycki and Philip Lowe
The household sector also increased its direct holdings of equities, particularly over the second half of the 1990s. ... 5. The Growth of Markets and the Commoditisation of Risk. Another major development in the 1990s was the growth in direct financing
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html

A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018

12 Apr 2018 Conferences
Luke Hartigan and James Morley
A direct implication for monetary policy is that it makes sense to ‘look through’ some of the high frequency movements in CPI inflation. ... Export price index: Goods and services credits. Prices. Δlog(x. t. ). Yes. Import price index: Goods and
https://www.rba.gov.au/publications/confs/2018/hartigan-morley.html

Banking in the 21st Century: The Transformation of an Industry | Conference – 1996

9 Jul 1996 Conferences
David T. Llewellyn
Similarly, the development of credit cards and debit cards erodes this same monopoly, and an increasing proportion of transactions can now be executed without the need for even a temporary stock ... Financial innovation and technology are also eroding
https://www.rba.gov.au/publications/confs/1996/llewellyn.html

The Economics of Shadow Banking | Conference – 2013

19 Aug 2013 Conferences
Manmohan Singh
This includes the financial lubrication provided by intraday debits and credits, and cross-border payments of ‘cash or cash equivalents’ (i.e. ... their direct investment choices, but the portfolio choice and investment management techniques of their
https://www.rba.gov.au/publications/confs/2013/singh.html

The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011

24 Jul 2000 Conferences
Kevin Davis
By reducing and aligning interchange fees for debit and credit cards, and providing greater merchant discretion, a substantial increase in the relative use of debit cards has eventuated. ... for on-lending rather than facilitating direct borrowings by
https://www.rba.gov.au/publications/confs/2011/davis.html

Developments in the Business of Banking | Conference – 1996

9 Jul 1996 Conferences
Robert Joss
Over the last decade, banks have developed these selling skills and they have also developed new, more cost-effective channels for selling by using mobile lenders and direct marketing, including systematic ... Electronic funds transfer, automatic teller
https://www.rba.gov.au/publications/confs/1996/joss.html

Financial Markets, Institutions and Liquidity | Conference – 2013

19 Aug 2013 Conferences
Franklin Allen and Elena Carletti
The literature on contagion takes two approaches: examining direct linkages and indirect balance-sheet linkages. ... In looking for contagious effects via direct linkages, research by Allen and Gale (2000) studies how the banking system responds to
https://www.rba.gov.au/publications/confs/2013/allen-carletti.html

Internationalisation and the Macroeconomy | Conference – 1994

11 Jul 1994 Conferences
David Gruen and Geoffrey Shuetrim
The second effect is a direct price effect. The real exchange rate appreciation makes imports cheaper. ... Clearly, the demand effect acts to increase domestic inflation while the direct price effect acts to reduce it.
https://www.rba.gov.au/publications/confs/1994/gruen-shuetrim.html

The Exchange Rate and the Current Account | Conference – 1993

12 Jul 1993 Conferences
Michele Bullock, Stephen Grenville and Geoffrey Heenan
Many of these reforms have no clear direct balance of payments link (see Forsyth (1990)), but have served to make Australia more competitive and outward looking.
https://www.rba.gov.au/publications/confs/1993/bullock-grenville-heenan.html