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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China's Evolving Monetary Policy Framework in International Context
1 Dec 2019
RDP
2019-11
Table 1: Primary Legislation Establishing Central Banking Powers. Institution. Primary legislation (ranked by oldest). ... like many agencies with links to the state, are imbued with substantial independent powers.
https://www.rba.gov.au/publications/rdp/2019/2019-11/full.html
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Credit Spreads, Monetary Policy and the Price Puzzle
1 Jan 2020
RDP
2020-01
Research Discussion Paper – RDP 2020-01 Credit Spreads, Monetary Policy and the Price Puzzle. Benjamin Beckers. January 2020. 1.87. MB. 1. Introduction. A higher cash rate dampens economic activity and reduces inflation. This is the standard
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html
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The Effects of the Saving and Banking Glut on the U.S. Economy
12 Dec 2013
Research Workshop
PDF
640KB
Reserve Bank of Australia Workshop 2013
https://www.rba.gov.au/publications/workshops/research/2013/pdf/justiniano-primiceri-tambalotti.pdf
Credit Supply and Demand and the Australian Economy
31 Jan 2006
RDP
PDF
637KB
Stiglitz (1990). Now consider the case in which a downturn in economic activity reduces firm profitability and increases agency costs. ... For this reason other variables purporting to capture risks relevant for banking were also included in the equation.
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9208.pdf
The Determinants of Mortgage Defaults in Australia – Evidence for the Double-trigger Hypothesis
22 Jul 2020
RDP
2020-03
Issuers of securitisations may also face incentives to disproportionately select certain types of loans, such as through the credit rating agencies' ratings criteria.
https://www.rba.gov.au/publications/rdp/2020/2020-03/full.html
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OPTIMAL MONETARY POLICY WITH ENDOGENOUS CAPITAL AND A CREDIT FRICTION
15 Dec 2011
Research Workshop
PDF
406KB
Reserve Bank of Australia Workshop 2011
https://www.rba.gov.au/publications/workshops/research/2011/pdf/hansen.pdf
Promoting Liquidity: Why and How?
2 Dec 2009
RDP
PDF
484KB
One concern that has been highlighted by recent events is that the rating agencies are. ... Particularly for structured finance products, which can be designed to adhere to the rating agency’s ratings criteria, the close relationship between issuers
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-06.pdf
The Saving Glut of the Rich and the Rise in Household Debt
19 Dec 2019
Research Workshop
PDF
620KB
RBA Workshop 2019
https://www.rba.gov.au/publications/workshops/research/2019/pdf/rba-workshop-2019-sufi.pdf
The Evolution of Payment Costs in Australia
11 Apr 2019
RDP
PDF
1298KB
Agencies handle payments on behalf of merchants. This can be electronically, such as PayPal, or physically, such as at Australia Post branches. ... By 2013, telephone banking calls comprised only 5 per cent of these connections and rarely involved staff
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-14.pdf
Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound
24 Nov 2009
Research Workshop
PDF
338KB
Reserve Bank of Australia Research Workshop 2009
https://www.rba.gov.au/publications/workshops/research/2009/pdf/nelson.pdf