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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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A Strategic Plan for the Payments System

6 Jun 2023 Submissions PDF 539KB
not unnecessarily exclude consumers on the basis of where they live, or their ability to understand. ... cheques at some point to serve as a focal point for any remaining steps required to complete the.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf

Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
of the regulatory arrangements is timely. This submission makes a number of key points:. ... self-governance mechanisms, widely accepted strategic objectives that act as a focal point for.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology

9 Jan 2020 Submissions PDF 797KB
per person (on an annualised basis), compared with around 120 transactions per person for the older. ... representations of payment cards that can be used to make contactless payments at the point of.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf

Competition in the Australian Financial System - March 2018

21 Mar 2018 Submissions PDF 503KB
Supplementary Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system-2018-03/pdf/supplementary-submission-to-productivity-commission-march-2018.pdf

Submission to the Financial System Inquiry March 2014

10 Nov 2017 Submissions PDF 3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf

Competition in the Financial System - September 2017

19 Sep 2017 Submissions PDF 969KB
Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/pdf/submission-to-productivity-commission-september-2017.pdf

HANDOUT PREPARED FOR STANDING COMMITTEE ON ECONOMICS 22 SEPTEMBER 2016

21 Sep 2016 Submissions PDF 386KB
basis; from 2006 data are on an IFRS basis; prior years are on an. ... basis; includes St. George and, from 2009, Bankwest. Sources: APRA; bank results; RBA.
https://www.rba.gov.au/publications/submissions/financial-sector/handout-standing-committee-on-economics-2016-09-22/pdf/handout-standing-committee-on-economics-2016-09-22.pdf

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates

14 Aug 2015 Submissions PDF 905KB
schedule of rates does not exceed 50 basis points, with compliance required once every three years. ... preferential rates) was more than 50 basis points higher than the interchange rate applying to.
https://www.rba.gov.au/publications/submissions/financial-sector/pdf/inquiry-matters-relating-to-credit-card-interest-rates-2015-08.pdf

Submission to the Inquiry into Development of the Commonwealth Performance Framework

18 Jun 2015 Submissions PDF 206KB
Inquiry into Development of the Commonwealth Performance Framework
https://www.rba.gov.au/publications/submissions/other/pdf/inquiry-development-of-commonwealth-performance-framework.pdf

Submission to the Inquiry into Digital Currency

1 Dec 2014 Submissions PDF 652KB
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-digital-currency-2014-11.pdf