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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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Corporate Plan 2023

31 Aug 2023
This corporate plan is prepared for 2023/24 in accordance with section 35(1)(b) of the Public Governance, Performance and Accountability Act 2013, and also covers the reporting periods from 1 July 2023 to 30 June 2024.
https://www.rba.gov.au/about-rba/corporate-plan/2023/

About the RBA

18 Sep 2023
Overview of Functions and Operations; History of the RBA; Governance and Accountability of the RBA; Structure of the RBA; Reserve Bank Act 1959; Freedom of Information; Archives; International Financial Sanctions and Cash Reporting
https://www.rba.gov.au/about-rba/

Accountability

18 Sep 2023
The RBA is accountable directly to the Parliament and to the general public for the way it carries out its responsibilities. Includes information on the Boards of the RBA, accountability to, and consultation with, Parliament,information services,
https://www.rba.gov.au/about-rba/accountability.html

Appointment of Head of Banking

7 Mar 2022 Media Releases
Michael Plumb has been promoted to Head of Banking at the Reserve Bank of Australia. He will take up the position on 7 March 2022 and will report to Michelle McPhee, Assistant Governor (Business Services).
https://www.rba.gov.au/media-releases/2022/mr-22-06.html

Bulletin

16 Mar 2023 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/

Freedom of Information

9 Mar 2023
Information for people seeking access to documents in the possession of the Reserve Bank of Australia under the Freedom of Information Act 1982
https://www.rba.gov.au/information/foi/

Banking and Payment Services

12 Apr 2020 RBA Annual Report – 2020
public. The Reserve Bank aims to deliver secure and efficient banking and payment arrangements to the Australian Government and its agencies. ... Currently, the Bank provides transactional banking services to over 90 Australian Government agencies.
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html

Bank Branch Trends in Australia and Overseas

10 Nov 1996 Bulletin – November 1996
Graph 4. Agency figures include agencies staffed by non-bank employees, such as shopkeepers and postmaster s. ... The sharp rise in agencies in 1996 reflects the inclusion of post offices in the agency figures by some banks.
https://www.rba.gov.au/publications/bulletin/1996/nov/1.html

Information Publication Scheme

9 Mar 2023
Part 2 of the Freedom of Information Act 1982 establishes an Information Publication Scheme (IPS) for Australian Government agencies subject to the Act. The IPS commenced on 1 May 2011 and requires agencies to publish a broad range of information on
https://www.rba.gov.au/information/ips/

Banking and Payment Services

21 Oct 2021 RBA Annual Report – 2021
Transactional banking services. The Reserve Bank aims to deliver secure, reliable, cost-effective banking and payment services to the Australian Government and its agencies. ... The Bank currently provides transactional banking services to more than
https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html