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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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Banking (Foreign Exchange) Regulations:Implementation of Sanctions Against Iraq

9 Aug 1990 Media Releases
RBA announces that under the Banking (Foreign Exchange) Regulations, following a United Nations Security Council resolution, foreign exchange and financial transactions with the governments of Kuwait or Iraq, or their agencies, are prohibited unless
https://www.rba.gov.au/media-releases/1990/mr-90-21.html

Financial Stability and the Banking Sector

12 Jul 2016 Speech
Luci Ellis
Speech at the Sydney Banking and Financial Stability Conference, hosted by the University of Sydney
https://www.rba.gov.au/speeches/2016/sp-so-2016-07-12.html

Videos | Education

19 Mar 2024
Every year we process over 300 million payments on behalf of government agencies. ... The capital requirements have clearly reduced the leverage in the core banking system.
https://www.rba.gov.au/education/resources/videos.html

Changes to Statistical Tables

10 May 2024 Statistics
On 16 June 2022, Table C9 – Domestic Banking Fee Income – will be retired to the Historical Data page because the underlying data collection has been discontinued. ... This table will be replaced by Table C9 – Domestic Banking Fees Charged –
https://www.rba.gov.au/statistics/tables/changes-to-tables.html

Banking (Foreign Exchange) Regulations Sanctions Against Iraq

5 Apr 1991 Media Releases
RBA announces that the wide ranging sanctions imposed on Kuwait, on 9 August 1990, have been repealed. All financial dealings with the government of Iraq and it's agencies remain prohibited without approval from the Reserve Bank of Australia.
https://www.rba.gov.au/media-releases/1991/mr-91-06.html

The Reserve Bank's Government Banking Business

23 Aug 2018 Speech
Lindsay Boulton
Speech delivered by Lindsay Boulton, Assistant Governor, Business Services, to the Business Banking Summit 2018, Sydney
https://www.rba.gov.au/speeches/2018/sp-ag-2018-08-23.html

An Investment Banking Perspective on the Future of the Financial System | Conference – 1996

9 Jul 1996 Conferences
Rob Ferguson
Commercial and investment banking were legally separated in the US between 1933 and 1990. ... Glass-Steagall Act, prompting European investment banking aspirants to acquire US investment banks.
https://www.rba.gov.au/publications/confs/1996/ferguson-r.html

Banking Concentration, Financial Stability and Public Policy | Conference – 2007

20 Aug 2007 Conferences
Kevin Davis
RBA Annual Conference – 2007 Banking Concentration, Financial Stability and Public Policy Kevin Davis. ... First, what does the empirical evidence suggest about trends in banking sector concentration?
https://www.rba.gov.au/publications/confs/2007/davis.html

Banking and Payment Services

17 Oct 2019 RBA Annual Report – 2019
public. The Reserve Bank aims to deliver secure and efficient banking and payment arrangements to the Australian Government and its agencies. ... This service is provided irrespective of the financial institution that provides transactional banking
https://www.rba.gov.au/publications/annual-reports/rba/2019/banking-and-payment-services.html

The Many Faces of Risk in Banking

12 Jun 1997 Speech
Graeme Thompson
Talk by Graeme Thompson to the Australian Institute of Banking and Finance, Canberra
https://www.rba.gov.au/speeches/1997/sp-dg-120697.html