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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Credit Supply and Demand and the Australian Economy
1 Jul 1992
RDP
9208
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1992/9208.html
Business Credit and Investment
1 Jul 1992
RDP
9208
t1. The second term, the banking sector share price relative to the market average (e. ... These are proxied, somewhat imperfectly, by the Confederation of Australian Industry and Westpac Banking Corporation survey series.
https://www.rba.gov.au/publications/rdp/1992/9208/business-credit-and-investment.html
References
1 Jul 1992
RDP
9208
Bernanke, B.S. and M. Gertler (1989), “Agency Costs, Net Worth, and Business Fluctuations”, American Economic Review, 79, 14–31. ... King, S. R. (1986), “Monetary Transmission. Through Bank Loans or Bank Liabilities?”, Journal of Money, Credit
https://www.rba.gov.au/publications/rdp/1992/9208/references.html