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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Agency Costs, Balance Sheets and the Business Cycle
1 Nov 1993
RDP
9311
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1993/9311.html
References
1 Nov 1993
RDP
9311
Bernanke, Ben and Mark Gertler (1989), ‘Agency Costs, Net Worth, and Business Fluctuations’,. ... Research Discussion Paper. , School of Banking and Finance, The University of New South Wales.
https://www.rba.gov.au/publications/rdp/1993/9311/references.html
Data Appendix
1 Nov 1993
RDP
9311
RDP 9311: Agency Costs, Balance Sheets and the Business Cycle Data Appendix. ... Bulletin. Monthly averages of both rates are used. Responses to the survey questions are from the Australian Confederation of Commerce and Industry and Westpac Banking
https://www.rba.gov.au/publications/rdp/1993/9311/data-appendix.html
Agency Costs, Credit Supply and Credit Demand: A Review
1 Nov 1993
RDP
9311
Agency Costs, Credit Supply and Credit Demand: A Review. Philip Lowe and Thomas Rohling. ... Hence, agency problems may be more pronounced for new firms than for established firms.
https://www.rba.gov.au/publications/rdp/1993/9311/agency-costs-credit-supply-demand.html
Some Empirical Evidence
1 Nov 1993
RDP
9311
The insights of this model can also be applied to the banking industry. ... However, agency cost theory predicts another potential influence on the supply of credit.
https://www.rba.gov.au/publications/rdp/1993/9311/some-empirical-evidence.html