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RBA Glossary definition for OPA

OPA – Official Public Account

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Banking and Payment Services

20 Sep 2018 RBA Annual Report – 2018
These balances are transferred at the end of the business day into a group of accounts known as the Official Public Accounts (OPA) Group, which is where the Commonwealth's overnight ... Daily payment instructions from the Department of Finance are then
https://www.rba.gov.au/publications/annual-reports/rba/2018/banking-and-payment-services.html

Annual Performance Statement for 2017/18

20 Sep 2018 RBA Annual Report – 2018
As the provider of the Commonwealth's Official Public Account (OPA), the Reserve Bank works closely with both the Department of Finance and the Australian Office of Financial Management to ensure ... The Department of Finance and the Bank have initiated
https://www.rba.gov.au/publications/annual-reports/rba/2018/annual-performance-statement.html

Banking and Payment Services

25 Sep 2017 RBA Annual Report – 2017
which financial institution each agency banks with – into the government's Official Public Account (OPA) at the Bank on a daily basis. ... Any receipts collected by an agency on behalf of the Commonwealth are retained in the OPA.
https://www.rba.gov.au/publications/annual-reports/rba/2017/banking-and-payment-services.html

Abbreviations

25 Sep 2017 RBA Annual Report – 2017
OECD. Organisation for Economic Co-operation and Development. OPA. Official Public Account.
https://www.rba.gov.au/publications/annual-reports/rba/2017/abbreviations.html

Banking and Payment Services

24 Oct 2016 RBA Annual Report – 2016
which financial institution each agency banks with – into the government's Official Public Accounts (OPA) at the Bank on a daily basis. ... The average daily sweep to and from the OPA was around $3 billion in 2015/16.
https://www.rba.gov.au/publications/annual-reports/rba/2016/banking-and-payment-services.html

Abbreviations

24 Oct 2016 RBA Annual Report – 2016
OECD. Organisation for Economic Co-operation and Development. OPA. Official Public Account.
https://www.rba.gov.au/publications/annual-reports/rba/2016/abbreviations.html

Banking and Payment Services

16 Oct 2015 RBA Annual Report – 2015
the financial institution with which each agency banks – into the government's Official Public Accounts (OPA) at the Bank on a daily basis. ... The average daily sweep to and from the OPA was around $3 billion in 2014/15.
https://www.rba.gov.au/publications/annual-reports/rba/2015/banking-and-payment-services.html

Abbreviations

16 Oct 2015 RBA Annual Report – 2015
OPA. Official Public Account. OSSG. Official Sector Steering Group (of FSB).
https://www.rba.gov.au/publications/annual-reports/rba/2015/abbreviations.html

Banking and Payments

12 Sep 2014 RBA Annual Report – 2014
financial institution each agency banks with – into the government's Official Public Accounts (OPA) at the Bank on a daily basis. ... The average daily sweep to and from the OPA was around $3 billion in 2013/14.
https://www.rba.gov.au/publications/annual-reports/rba/2014/banking-payments.html

Abbreviations

12 Sep 2014 RBA Annual Report – 2014
OPA. Official Public Accounts. OSF. Officers' Superannuation Fund. OSSG. Official Sector Steering Group.
https://www.rba.gov.au/publications/annual-reports/rba/2014/abbreviations.html