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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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Box B: The Shadow Banking System in Australia

29 Sep 2010 FSR - September 2010 PDF 183KB
https://www.rba.gov.au/publications/fsr/2010/sep/pdf/box-b.pdf

Overview

25 Apr 2023 FSR - April 2023 PDF 145KB
https://www.rba.gov.au/publications/fsr/2023/apr/pdf/overview.pdf

Financial Stability Review

15 Nov 2023 FSR - October 2023 PDF 4631KB
https://www.rba.gov.au/publications/fsr/2023/oct/pdf/financial-stability-review-2023-10.pdf

4. Domestic Regulatory Developments

9 Oct 2023 FSR - October 2023 PDF 147KB
https://www.rba.gov.au/publications/fsr/2023/oct/pdf/04-regulatory-developments.pdf

Banking and Payment Services

9 Aug 2023 RBA Annual Report - 2022 PDF 351KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/banking-and-payment-services.pdf

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf

Box E: The 2018 Financial Sector Assessment Program (FSAP) Review of Australia

10 Feb 2020 FSR April 2019 PDF 601KB
https://www.rba.gov.au/publications/fsr/2019/apr/pdf/box-e.pdf

Reserve Bank of Australia Annual Report 2012 - Banking and Payments

13 Sep 2012 RBA Annual Report 2012 PDF 197KB
https://www.rba.gov.au/publications/annual-reports/rba/2012/pdf/banking-payments.pdf

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 358KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/banking-and-payment-services.pdf

Reserve Bank of Australia Annual Report 2020 - Banking and Payment Services

14 Oct 2020 Annual Report PDF 581KB
Currently, the Bank provides transactional banking services to over 90 Australian Government agencies. ... As an Australian Government agency, the Reserve Bank’s transactional banking services are subject to the Australian Government’s competitive
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/banking-and-payment.pdf