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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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Economic Activity

26 Jun 2023 RBA Annual Report – 1977
In the Commonwealth's Budget for 1976/77 total outlays, in nominal terms, increased by 10 per cent, less than half as fast as in 1975/76 and a quarter as ... fast as in 1974/75.
https://www.rba.gov.au/publications/annual-reports/rba/1977/eco-activity.html

The World Economy and the Australian Balance of Payments

22 Jun 2023 RBA Annual Report – 1977
The large devaluation was clearly decisive in altering short-run exchange rate expectations, and private capital flowed in at a fast pace.
https://www.rba.gov.au/publications/annual-reports/rba/1977/world-economy-and-the-aus-balance-of-payments.html

The Reserve Bank and Economic Policy in 1978/79

20 Jun 2023 RBA Annual Report – 1979
Sales of Commonwealth securities to non-bank groups in the March quarter were insufficient to have any significant impact in restraining the fast growth in monetary aggregates. ... As a proportion of gross domestic product, Australia's outstanding
https://www.rba.gov.au/publications/annual-reports/rba/1979/res-bank-eco-policy.html

The Bank's Services and other Activities

9 Mar 2023 RBA Annual Report – 1989
Successful production of a fast-setting printing ink, which was previously imported, has already reduced costs.
https://www.rba.gov.au/publications/annual-reports/rba/1989/banks-services.html

Monetary Policy

9 Mar 2023 RBA Annual Report – 1961
effects on the Government securities market, nor grow at too fast a rate to the detriment of effective management techniques.
https://www.rba.gov.au/publications/annual-reports/rba/1961/monetary-policy.html

Financial Markets and the Bank's Operations

9 Mar 2023 RBA Annual Report – 1988
Housing prices rose at a fast pace, slowed only temporarily by unease at the time of the share-price fall.
https://www.rba.gov.au/publications/annual-reports/rba/1988/fin-markets-bank-operations.html

Risk Management

27 Oct 2022 RBA Annual Report – October 2022
transacting in financial markets to implement monetary policy. maintaining the infrastructure to facilitate real-time interbank payment and settlement services through RITS and the Fast Settlement Service.
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html

Banking and Payment Services

27 Oct 2022 RBA Annual Report – October 2022
RITS also provides the Fast Settlement Service (FSS), a RTGS service to support the NPP. ... fast payment systems.
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html

Our Role

27 Oct 2022 RBA Annual Report – October 2022
Our operational role in the payments system is effected through the Banks ownership and management of RITS (including the Fast Settlement Service (FSS)), which is used by banks and other approved
https://www.rba.gov.au/publications/annual-reports/rba/2022/our-role.html

Abbreviations

27 Oct 2022 RBA Annual Report – 2022
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange.
https://www.rba.gov.au/publications/annual-reports/rba/2022/abbreviations.html