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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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Domestic Economic Conditions

7 Aug 2020 SMP – August 2020
Most states have also announced an intention to fast-track a number of smaller ‘shovel-ready’ projects.
https://www.rba.gov.au/publications/smp/2020/aug/domestic-economic-conditions.html

Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

8 May 2024 Submissions
The NPP, launched in February 2018, is a fast retail payments system developed by a consortium of 13 financial institutions, including the Reserve Bank. ... The NPP provides the clearing and settlement infrastructure through which financial institutions
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

Overview

5 May 2023 SMP – May 2023
Overview | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/overview.html

Box A: Growth of Australia's Major Trading Partners

10 May 2014 SMP – May 2014
than the average growth in global GDP because a large share of Australia's exports is to fast-growing economies in Asia. ... The sharp decline in the share of Australian exports destined for Japan was offset by a pick-up in demand for Australia's exports
https://www.rba.gov.au/publications/smp/2014/may/box-a.html

Overview

4 Aug 2023 SMP – August 2023
Overview | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/overview.html

Overview

4 Feb 2021 SMP – February 2021
This has been consistent with the pattern seen globally, of unexpectedly fast (but partial) recoveries after lockdown measures were lifted, as well as Australia's relatively better health outcomes.
https://www.rba.gov.au/publications/smp/2021/feb/overview.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
The NPP, launched in February 2018, is a fast retail payments system developed by a consortium of 13 financial institutions, including the Reserve Bank. ... Available at <>. Rush A and R Louw (2018), ‘The New Payments Platform and Fast Settlement
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
Submissions – Payments System Submission to Payments System Review. Submission to the Review of the Australian Payments System. January 2021. Download the complete Submission 1.12. MB. The Bank considers that the existing regulatory arrangements
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Inflation

7 Aug 2020 SMP – August 2020
However, demand for new dwellings declined in the June quarter. Future price increases will depend on how fast housing demand recovers following the COVID-19 shock.
https://www.rba.gov.au/publications/smp/2020/aug/inflation.html

Overview

9 Aug 2019 SMP – August 2019
Household disposable income growth has also been lowered by the unusually fast growth in household tax payments over 2018.
https://www.rba.gov.au/publications/smp/2019/aug/overview.html