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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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2 April 2024 | Minutes of the Monetary Policy Meeting of the Board

2 Apr 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 April 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-03-19.html

4 April 2023 | Minutes of the Monetary Policy Meeting of the Board

18 Apr 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 April 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-04-04.html

Reserve Bank of Australia Annual Report – 2018

20 Sep 2018 Annual Report
394. KB. The Reserve Bank provides banking and payment services to support the efficient and stable functioning of the Australian financial system. ... This will enable the Bank to continue to meet the banking and payment needs of its government and
https://www.rba.gov.au/publications/annual-reports/rba/2018/

Reserve Bank of Australia Annual Report – 2013

16 Oct 2013 Annual Report
bodies. These include services associated with the operation of the Australian Government's principal public accounts; transactional banking services to government agencies; custodial, registry and related services; and the operation of ... public. The
https://www.rba.gov.au/publications/annual-reports/rba/2013/

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 304KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/risk-management.pdf

5 March 2013 | Minutes of the Monetary Policy Meeting of the Board

19 Mar 2013 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 March 2013
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2013/05032013.html

Reserve Bank of Australia Annual Report 2023

8 Feb 2024 RBA Annual Report - 2023 PDF 641KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/international-financial-cooperation.pdf

Reserve Bank of Australia Annual Report – 2020

14 Oct 2020 Annual Report
banking services to clients (mainly the Australian Government as well as foreign central banks). ... These services are consistent with the Bank's strategic goal of providing innovative, high-quality banking and payment services to the Australian
https://www.rba.gov.au/publications/annual-reports/rba/2020/

Reserve Bank of Australia Annual Report – 2015

16 Oct 2015 Annual Report
clients (mainly the Australian Government and its agencies and foreign central banks) and issuing banknotes. ... The Bank works closely with its government and agency clients to ensure that they can access services consistent with both their needs and
https://www.rba.gov.au/publications/annual-reports/rba/2015/