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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Some Structural Causes of Japan’s Banking Problems
1 Dec 2009
RDP
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296KB
This required financial reform, which in turn,eventually caused some dislocation of the domestic banking system. ... Somewhat surprisingly, the profitability of the Japanese banking industry actuallyimproved over the 1980s.
https://www.rba.gov.au/publications/rdp/2000/pdf/rdp2000-03.pdf
Towards an Understanding of Australia’s Co-movement with Foreign Business Cycles
1 Dec 2009
RDP
PDF
148KB
TOWARDS AN UNDERSTANDING OF AUSTRALIA’SCO-MOVEMENT WITH FOREIGN BUSINESS CYCLES. Nicolas de Roos and Bill Russell. Research Discussion Paper. 9607. November 1996. Economic Research Department. Reserve Bank of Australia. We would like to especially
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9607.pdf
The Origin of the Asian Financial Turmoil
1 Dec 2009
RDP
PDF
451KB
large unhedged foreign exchange positions and weak banking and financialsystems contributed to vulnerability and sharply constrained the authorities’room for manoeuvre;. • ... In some cases, currency crises alsospill over into (or are caused by)
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9805.pdf
The Response of Financial Markets in Australia and New Zealand to News about the Asian Crisis
1 Dec 2009
RDP
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676KB
We classify events relating to agreements between international agencies and crisis countries, announcements of rollovers of debt and certain reforms as ‘good news’; all other news events listed in Appendix A ... It also suggests possible inefficient
https://www.rba.gov.au/publications/rdp/2001/pdf/rdp2001-03.pdf
Understanding OECD Output Correlations
1 Dec 2009
RDP
PDF
226KB
15. ijtX and jitM are measured by different statistical agencies. See the data appendix for further discussion.
https://www.rba.gov.au/publications/rdp/2001/pdf/rdp2001-05.pdf
Issues in Modelling Monetary Policy
1 Dec 2009
RDP
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94KB
Blinder, A.S. (1995), ‘Central Banking in Theory and Practice’, Marshall Lectures,University of Cambridge, England, May. ... 9504. Lowe, P. and T. Rohling (1993), ‘Agency Costs, Balance Sheets and the BusinessCycle’, Reserve Bank of Australia
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9604.pdf
A Select Bibliography of Published Research by Staff of the Reserve Bank of Australia: 1991–2001
1 Dec 2009
RDP
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201KB
7. 9311 Lowe PW and T Rohling, ‘Agency Costs, Balance Sheets and the Business Cycle’. ... 22. Ferguson R An Investment Banking Perspective on the Future of the Financial System.
https://www.rba.gov.au/publications/rdp/2001/pdf/rdp2001-10.pdf
Asset-price Bubbles and Monetary Policy
1 Dec 2009
RDP
PDF
63KB
ASSET-PRICE BUBBLES AND MONETARY POLICY. Christopher Kent and Philip Lowe. Research Discussion Paper9709. December 1997. Economic Research Department. Reserve Bank of Australia. This paper draws on an earlier paper by the same authors titled,
https://www.rba.gov.au/publications/rdp/1997/pdf/rdp9709.pdf
Agency Costs, Balance Sheets and the Business Cycle
30 Nov 2009
RDP
PDF
114KB
Hence, agency problems maybe more pronounced for new firms than for established firms. ... Bernanke andGertler suggest that this is what happened in the banking crisis of the 1930s.
https://www.rba.gov.au/publications/rdp/1993/pdf/rdp9311.pdf
Balance Sheet Restructuring and Investment
30 Nov 2009
RDP
PDF
95KB
Incentive problems (agency costs), financialdistress costs and asymmetric information increase the cost of external relative tointernal finance.5 A financing hierarchy results, in which internally generated cashflows are relatively cheap, debt
https://www.rba.gov.au/publications/rdp/1993/pdf/rdp9308.pdf