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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References
1 May 2000
RDP
2000-03
RDP 2000-03: Some Structural Causes of Japan's Banking Problems References. Luke Gower. ... Economic Planning Agency (1992), ‘Economic Survey of Japan 1992–1993’, Government of Japan, Tokyo.
https://www.rba.gov.au/publications/rdp/2000/2000-03/references.html
Developments in the 1980s
1 May 2000
RDP
2000-03
RDP 2000-03: Some Structural Causes of Japan's Banking Problems 3. Developments in the 1980s. ... Somewhat surprisingly, the profitability of the Japanese banking industry actually improved over the 1980s.
https://www.rba.gov.au/publications/rdp/2000/2000-03/developments-in-the-1980s.html