Search: RBRF
RBA Glossary definition for RBRF
RBRF – Reserve Bank Reserve Fund. A general reserve which provides for events which are contingent and non-foreseeable, including to cover exceptional losses on RBA's holdings of domestic and foreign securities that cannot be absorbed by its other resources; the RBRF also provides for potential losses from fraud and other non-insured losses. Amounts set aside for this reserve are determined by the Treasurer after consultation with the Board.
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Reserve Bank of Australia Annual Report 2010 - Governor's Foreword
26 Oct 2010
RBA Annual Report
2010
PDF
69KB
https://www.rba.gov.au/publications/annual-reports/rba/2010/pdf/gov-foreword.pdf
Note 3 – Distribution Payable to the Commonwealth
21 Oct 2021
RBA Annual Report
– 2021
Net profits of the RBA, less amounts transferred to the RBRF, are paid to the Commonwealth as required by section 30 of the Reserve Bank Act (see Note 1(h)). ... and any remaining loss is absorbed by the RBRF.
https://www.rba.gov.au/publications/annual-reports/rba/2021/financial-statements/note-3.html
Note 1 – Accounting Policies | Financial Statements
12 Sep 2014
RBA Annual Report
– 2014
The RBRF also provides for other risks such as fraud and operational risk. ... The Reserve Bank Board assesses the adequacy of the balance of the RBRF each year.
https://www.rba.gov.au/publications/annual-reports/rba/2014/fin-statements/note-1.html
Earnings and Distribution
25 Oct 2010
RBA Annual Report
– 2010
In making the transfer from the RBRF, the Board took account of a number of considerations. ... a target, not a minimum requirement, consistent with the RBRF remaining available to absorb losses when necessary.
https://www.rba.gov.au/publications/annual-reports/rba/2010/earnings-dist.html
Earnings and Distribution
10 Sep 2012
RBA Annual Report
– 2012
The RBRF was substantially depleted in 2009/10 and 2010/11 as it absorbed accounting losses. ... In addition to the RBRF, the Reserve Bank maintains a number of other financial reserves.
https://www.rba.gov.au/publications/annual-reports/rba/2012/earnings-dist.html
Earnings and Distribution
12 Sep 2014
RBA Annual Report
– 2014
below. The RBRF is the Reserve Bank's general reserve and is essentially its capital. ... As noted above, the RBRF is funded from transfers from earnings available for distribution.
https://www.rba.gov.au/publications/annual-reports/rba/2014/earnings-dist.html
Reserve Bank of Australia Annual Report 2021 - Financial Statements
29 Sep 2022
RBA Annual Report
2021
PDF
480KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/financial-statements.pdf
Earnings and Distribution
2 Sep 2003
RBA Annual Report
– 2003
The RBRF is funded from transfers from profit and is akin to capital. ... The Treasurer has agreed to transfer to the RBRF an amount of $133 million from profits for 2002/03.
https://www.rba.gov.au/publications/annual-reports/rba/2003/earnings-dist.html
Earnings, Distribution and Capital
17 Oct 2019
RBA Annual Report
– 2019
These include the RBRF, which is the Reserve Bank's general reserve established under the Reserve Bank Act. ... 40. Total. 28,912. 25,377. Source: RBA. The RBRF is funded from transfers from earnings available for distribution.
https://www.rba.gov.au/publications/annual-reports/rba/2019/earnings-distribution-and-capital.html
Reserve Bank of Australia Annual Report – 2013
16 Oct 2013
Annual Report
As agreed with the Treasurer, the Bank's distributable earnings of $588 million in 2012/13 will be devoted entirely to rebuilding the Reserve Bank Reserve Fund (RBRF), the Bank's
https://www.rba.gov.au/publications/annual-reports/rba/2013/