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RBA Glossary definition for settlement

settlement – The discharge of obligations arising from fund transfers between two or more parties.

RBA Glossary definition for Exchange Settlement Account

Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.

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The Australian Experience

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
in Figure 15. Nominal and real exchange rates relative to the U.S. ... dollar, and not until 1985 against other currencies. Exchange rate changes were not passed into wage settlements, thus improving competitiveness in U.S.
https://www.rba.gov.au/publications/rdp/1990/9002/australian-experience.html
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Public Sector Growth and the Current Account in Australia: A Longer Run Perspective

19 Nov 2012 RDP PDF 1267KB
RDP1990-02
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9002.pdf

The Balance of Payments in the 1980s

19 Nov 2012 RDP PDF 2310KB
the current account deficit, were slow in coming. The fall in the exchange. ... current account. Over time, expenditure and real exchange rate adjustment. may offset the initial effects.
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9003.pdf

Macrofinancial Stress Testing on Australian Banks

13 Sep 2023 RDP PDF 1940KB
and people’s welfare. According to the Bank for International Settlements (BCBS 2010), financial. ... banks account for around 80 per cent of banking system assets in Australia.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf

The Cash Market in Australia

31 Jan 2006 RDP PDF 245KB
Participation in this market is restricted to the Reserve Bank and those institutions with "same-day" accounts at the Reserve Bank: the banks (which have exchange settlement accounts) and the authorised ... leaving cash in exchange settlement accounts at
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9214.pdf

Current Account Deficits: The Australian Debate

12 Mar 2007 RDP PDF 289KB
Keywords: current account, external vulnerability, exchange rate regimes JEL Classification Numbers: E60, F32, N10. ... Bergin and Sheffrin (2000) extend the intertemporal model to account for external shocks by allowing the interest rate and exchange
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-02.pdf

The Role of Collateral in Borrowing

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
The funding tightness is also evident from the rapid rise of Exchange Settlement Account (ESA) balances to historical highs around when Lehman Brothers defaulted on 15 September (Figure 2). ... Some accounts banks use on behalf of clients – indicated
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html
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The Term Funding Facility: Has It Encouraged Business Lending?

8 Dec 2022 RDP PDF 2133KB
points; a change in the rate of remuneration of exchange settlement balances to 10 basis points; a. ... rates (BBSW). (b) Face-value weighted monthly average. Sources: Bloomberg; Intercontinental Exchange, Inc.; KangaNews; RBA.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-07.pdf

The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data

8 Jun 2023 RDP PDF 1310KB
and bank profitability using a common methodology that takes into account underlying economic. ... account. Most jurisdictions use data at a quarterly frequency, although some use semiannual and.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-05.pdf

The Consequences of Low Interest Rates for the Australian Banking Sector

19 Dec 2022 RDP PDF 1588KB
a) Includes deposits in housing loan offset accounts and non-interest bearing deposits. ... b) Excludes deposits in housing loan offset accounts; includes non-interest bearing deposits.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-08.pdf