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RBA Glossary definition for balance of payments

balance of payments – A summary of the economic transactions between residents of one country and residents of other countries.

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5 December 2023 | Minutes of the Monetary Policy Meeting of the Board

19 Dec 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 December 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-12-05.html

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

13 Jun 2023 Submissions
These payments, commonly known in payment systems as interchange fees, are often a feature of card payment networks. ... Nonetheless, these principles of efficiency argue that in general an efficient payments system is one that encourages, but does not
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

25 May 2023 Submissions
Over recent years, the payments industry has successfully collaborated on a number of initiatives to address card payment fraud. ... Changes in payment behaviour induced by the COVID-19 pandemic have reinforced the shift to electronic payments and online
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
Technological innovation in the supply of payment services has spurred substantial change in the way Australians are making payments. ... In most cases, these new players still rely on the existing payment system infrastructure and payments system
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

3 October 2023 | Minutes of the Monetary Policy Meeting of the Board

17 Oct 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 October 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-10-03.html

7 November 2023 | Minutes of the Monetary Policy Meeting of the Board

21 Nov 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 November 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-11-07.html

5-6 February 2024 | Minutes of the Monetary Policy Meeting of the Board

20 Feb 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5-6 February 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-02-06.html

5 October 2021 | Minutes of the Monetary Policy Meeting of the Board

19 Oct 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 October 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-10-05.html

Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

14 Jun 2023 Submissions
The Bank supports the inclusion of third-party payment initiation capability in Open Banking. ... As discussed earlier in this submission, from early 2022 the Mandated Payments Service (MPS) will enable the NPP to provide payment initiation services.
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

5 April 2022 | Minutes of the Monetary Policy Meeting of the Board

19 Apr 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 April 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-04-05.html