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.
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International and Foreign Exchange Markets
10 Aug 2016
SMP
– August 2016
Yields on UK sovereign bonds declined despite a ratings downgrade (by two ratings agencies) following the referendum. ... around 70 per cent of banking assets in the European Union) in strengthening their capital.
https://www.rba.gov.au/publications/smp/2016/aug/international-and-foreign-exchange-markets.html
International and Foreign Exchange Markets
5 Aug 2016
SMP
- August 2016
PDF
1169KB
https://www.rba.gov.au/publications/smp/2016/aug/pdf/02-international-and-foreign-exchange-markets.pdf
Statement on Monetary Policy - August 2016
5 Aug 2016
SMP
- August 2016
PDF
3173KB
https://www.rba.gov.au/publications/smp/2016/aug/pdf/statement-on-monetary-policy-2016-08.pdf
Domestic Financial Markets
9 May 2016
SMP
– May 2016
major ratings agencies. ... Falls in global banking stocks amid increased concerns about bank profitability have been a factor, as has been the evidence of a levelling out in housing activity in Australia and signs
https://www.rba.gov.au/publications/smp/2016/may/domestic-financial-markets.html
Domestic Financial Markets
5 May 2016
SMP
- May 2016
PDF
642KB
https://www.rba.gov.au/publications/smp/2016/may/pdf/domestic-financial-markets.pdf
Statement on Monetary Policy - May 2016
5 May 2016
SMP
- May 2016
PDF
2775KB
https://www.rba.gov.au/publications/smp/2016/may/pdf/statement-on-monetary-policy-2016-05.pdf
Statement on Monetary Policy - February 2016
8 Feb 2016
SMP
- February 2016
PDF
2099KB
https://www.rba.gov.au/publications/smp/2016/feb/pdf/statement-on-monetary-policy-2016-02.pdf
Domestic Financial Markets
4 Feb 2016
SMP
– February 2016
Business lending rates remain close to historic lows for both small and large businesses, consistent with strong competition in the banking sector. ... The credit ratings agencies have made downward revisions to their price assumptions on a number of
https://www.rba.gov.au/publications/smp/2016/feb/domestic-financial-markets.html
Domestic Financial Markets
4 Feb 2016
SMP
- February 2016
PDF
630KB
https://www.rba.gov.au/publications/smp/2016/feb/pdf/domestic-financial-markets.pdf
Statement on Monetary Policy - November 2015
17 Nov 2015
SMP
- November 2015
PDF
2268KB
https://www.rba.gov.au/publications/smp/2015/nov/pdf/1115.pdf