Search: basis point
RBA Glossary definition for basis point
basis point – A basis point is 1/100th of 1 per cent or 0.01 per cent, so 100 basis points (bps) is equal to 1 percentage point. The term is used in money and securities markets to define differences in interest or yield. If an interest rate were to increase from 2 per cent to 3 per cent, it is said to have risen by 100 basis points (bps) or one percentage point.
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Changes to Statistical Tables
10 May 2024
Statistics
Data on money market corporation assets can still be found on a quarterly basis in Statistical Table B1. ... The data will be now be published on a monthly basis on the third Thursday of each month.
https://www.rba.gov.au/statistics/tables/changes-to-tables.html
Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions
8 May 2024
Submissions
A reduction in interchange fees will change the starting point for negotiations but will not change the degree of competition. ... if it could obtain its own EFTPOS infrastructure and integrate it with the Woolworths point of sale system and networks.
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
8 May 2024
Submissions
This submission makes a number of key points:. Inertia and coordination problems can hold back systemic innovation in networks such as payments. ... regulation to promote competition and access. helping to establish strategic objectives for the industry,
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html
Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions
8 May 2024
Submissions
According to the applicants' submission, around half of cardholders do not currently use PIN authorisation at the point of sale. ... point-of-sale hardware upgrades), and more generally they can learn from the experiences of the other scheme.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html
Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper
8 May 2024
Submissions
It is worth noting that, by international standards, Australia had a relatively high number of ATMs on a per capita basis in 2016. ... that their customers can continue to use them on a fee-free basis.
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments
8 May 2024
Submissions
The average level of interchange rates is subject to a Reserve Bank standard that requires that the weighted average of the schedule of rates does not exceed 50 basis points, with ... those not benefiting from strategic or other preferential rates) was
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html
Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-The Credit Card Market
8 May 2024
Submissions
schemes on the same basis as other authorised deposit-taking institutions (ADIs; banks, credit unions and others). ... Consumers who use their credit card relatively frequently may be attracted to cards offering rewards points and other benefits such as
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/the-credit-card-market.html
Financial Conditions
7 May 2024
SMP
– May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html
Outlook
7 May 2024
SMP
– May 2024
Outlook | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/outlook.html
Economic Conditions
7 May 2024
SMP
– May 2024
Economic Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/economic-conditions.html