Search: billion
RBA Glossary definition for billion
billion – One thousand million.
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Resource Costs of Payments
31 Dec 2014
RDP
2014-14
Most resource costs are incurred by financial institutions ($5.4 billion), although sizeable costs are also incurred by merchants ($2.9 billion). ... 0 billion (excluding account overheads), with the majority of this comprised of resources used in credit
https://www.rba.gov.au/publications/rdp/2014/2014-14/resource-costs-payments.html
Appendix B: Payment Activity in the Sample
31 Dec 2014
RDP
2014-14
During the twelve-month period these merchants were the recipients of about 2 billion payments worth about $230 billion (Table B2). ... Information on the number of cash withdrawals and the average transaction size provide a slightly higher estimate
https://www.rba.gov.au/publications/rdp/2014/2014-14/appendix-b.html
Methodology
31 Dec 2014
RDP
2014-14
Over the twelve-month sample period, these retailers reported total sales of $109 billion, about a third of the value of retail sales in Australia over 2013. ... These billers reported total sales of $46 billion during the sample period, which represents
https://www.rba.gov.au/publications/rdp/2014/2014-14/methodology.html
Appendix C: Costs for Consumers in Making Payments
31 Dec 2014
RDP
2014-14
billion per annum.
https://www.rba.gov.au/publications/rdp/2014/2014-14/appendix-c.html
Introduction
31 Dec 2014
RDP
2014-14
The key findings of the study include:. The aggregate resource cost incurred by merchants and financial institutions in receiving payments from consumers is estimated to be about $8.4 billion in
https://www.rba.gov.au/publications/rdp/2014/2014-14/introduction.html