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.
Search Results
Valuing Safety and Privacy in Retail Central Bank Digital Currency
11 Apr 2024
RDP
2024-02
government agencies than with financial institutions (Office of the Australian Information Commissioner 2023). ... 2023) and increased web search interest for banking stress topics in Australia (Figure 3, top panel).
https://www.rba.gov.au/publications/rdp/2024/2024-02/full.html
Summary and Discussion
11 Apr 2024
RDP
2024-02
Respondents to that survey placed a lot of importance on their privacy when choosing a product or service and were generally more comfortable sharing data with federal government agencies than with
https://www.rba.gov.au/publications/rdp/2024/2024-02/summary-and-discussion.html
Main Results
11 Apr 2024
RDP
2024-02
Moreover, there have been few recent events of banking stress in Australia that might cause Australians to question the safety of their deposits. ... 2023) and increased web search interest for banking stress topics in Australia (Figure 3, top panel).
https://www.rba.gov.au/publications/rdp/2024/2024-02/main-results.html
Introduction
11 Apr 2024
RDP
2024-02
government agencies than with financial institutions (Office of the Australian Information Commissioner 2023).
https://www.rba.gov.au/publications/rdp/2024/2024-02/introduction.html