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RBA Glossary definition for direct debit

direct debit – A pre-authorised debit on the payer's bank account initiated by the recipient (payee).

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Where’s the Money‽ An Investigation into the Whereabouts and Uses of Australian Banknotes

11 Dec 2018 RDP PDF 1641KB
driven by an increasing use of cards (credit and debit) to carry out in-person payments (Figure 2). ... 7. 4.1 The Counting Method. 4.1.1 Method. The first approach is a direct one.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-12.pdf

Dividends and Taxation: A Preliminary Investigation

31 Jan 2006 RDP PDF 401KB
Debits arise from paying franked dividends. Table 1 provides estimates of the degree of franking for a sample of industrial and resource companies listed on the Australian Stock Exchange over the ... The calculated weights are plotted in Graph 1. These
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9211.pdf

Explaining Import Price Inflation: A Recent History of Second Stage Pass-through

30 Nov 2009 RDP PDF 105KB
Understanding this stage of price adjustmentis important when assessing the direct inflationary pressures that accompanyexchange rate movements.2. ... 23 Kremers et al. (1992) demonstrate that testing the significance of the error-correction term is
https://www.rba.gov.au/publications/rdp/1994/pdf/rdp9407.pdf

Monetary Transmission in a Deregulated Financial System

19 Nov 2012 RDP PDF 825KB
plastic cards (either debit or credit). The model conclusions do not depend on this. ... In a deregulated world such. aggregates would not be under the direct control of the central bank.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8811.pdf

ATM Fees, Pricing and Consumer Behaviour: An Analysis of ATM Network Reform in Australia

28 Jan 2015 RDP PDF 739KB
issuer) that primarily reflects costs of ATM withdrawals made using a debit card. ... 10 This strategy has become known as the depositor-stealing motive for direct fees.
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-03.pdf

Competition Between Payment Systems

15 Apr 2009 RDP PDF 243KB
Some consumers, for instance, may be particularly averse to taking on debt,and so appreciate the budgeting discipline provided by a debit card. ... Others, bycontrast, may value the flexibility afforded by a credit card relative to a debit cardin
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-02.pdf

Australia’s Medium-run Exchange Rate: A Macroeconomic Balance Approach

2 Dec 2009 RDP PDF 217KB
Under the maintained hypothesis that Australia is a price taker, world output has no direct effect on export volumes.9. ... Source: Calculation using income debits (IFS line AUI78AHDA), converted into A$ using e.
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-03.pdf

Currency Demand during the Global Financial Crisis: Evidence from Australia

2 Feb 2015 RDP PDF 633KB
Most deposits were paid back between 1893 and 1901 and did not suffer direct financial losses, although there were ‘considerable indirect losses via frozen deposits’ (Kent 2011). ... EFTPOS terminals also allow substitution from cash to debit cards.
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-01.pdf

Australian Banking Risk: The Stock Market’s Assessment and the Relationship Between Capital and Asset Volatility

1 Dec 2009 RDP PDF 458KB
of bothcredit and debit services. ... If a bank fails, the payoutunder the guarantee may take the form of direct restitution to depositors.
https://www.rba.gov.au/publications/rdp/1999/pdf/rdp1999-09.pdf

A Small Model of the Australian Macroeconomy: An Update

22 Dec 2005 RDP PDF 627KB
Particular thanks are due to Kenneth Leong, Tim Robinson, Marileze vanZyl and Thomas Walker for their direct contributions over recent years, includingthe instigation or implementation of many of the changes to
https://www.rba.gov.au/publications/rdp/2005/pdf/rdp2005-11.pdf