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RBA Glossary definition for central bank

central bank – A non-commercial bank, which may or may not be independent of government, which has some or all of the following functions: conduct monetary policy; oversee the stability of the financial system; issue currency notes; act as banker to the government; supervise financial institutions and regulate payments systems.

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Inquiry by the Senate Economics References Committee into Bank Funding Guarantees – Joint Submission from the RBA and APRA

27 Jul 2009 Submissions PDF 98KB
Inquiry into the Bank Funding Guarantees
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-bank-funding-guarantees/pdf/inquiry-bank-funding-guarantees.pdf

Submission to the Inquiry into the Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023

6 Feb 2024 Submissions PDF 223KB
It is also inconsistent with contemporary standards of corporate governance of complex entities, including other central banks. ... At the same time, experience at other central banks has shown that challenges can arise from having a governance board in
https://www.rba.gov.au/publications/submissions/other/inquiry-into-the-treasury-laws-amendment-reserve-bank-reforms-bill-2023/pdf/inquiry-into-the-treasury-laws-amendment-reserve-bank-reforms-bill-2023.pdf

RBA submission to Defining payment functions consultation - July 2023

16 Jan 2024 Submissions PDF 445KB
Payments definitions The Bank welcomes the Government’s proposed list of payment functions. ... 1 In 1999 the Bank was one of the first central banks to liberalise access by allowing non-ADI providers of third-party.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-defining-payment-functions-consultation-july-2023.pdf

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

9 Feb 2021 Submissions PDF 565KB
By Email – fintech.sen@aph.gov.au. Dear Ms Beverley. Central Bank Digital Currency and Global Stablecoins – Submission. ... The Bank’s current assessment – like that of many other central banks – is that the public policy case for issuing a
https://www.rba.gov.au/publications/submissions/payments-system/pdf/supplementary-submission-technology-12-2020.pdf

International Comparisons of Bank Margins: Bibliography - August 1994

6 Feb 2014 Submissions PDF 71KB
Submission to the House of Representatives Standing Committee on Banking, Finance and Public Administration
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-margins/pdf/international-comparisons-of-bank-margins-bibliography.pdf

Submission to the Inquiry into the Digital Assets (Market Regulation) Bill 2023

1 Jun 2023 Submissions PDF 248KB
the Bill’s proposals for monitoring the use of foreign-issued Central Bank Digital Currency (CBDC) in. ... in Australia. Central banks in a small number of developing economies have issued CBDCs.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/digital-assets-bill-senate-economics-legislation-committee-may-2023.pdf

Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
mostly external) members: the Governor, another representative of the Bank, a representative from. ... systems for which the Bank has imposed standards and/or an access regime.
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 Australia as a Technology and Financial Centre - July 2021

19 Jul 2021 Submissions PDF 610KB
Like many other advanced-economy central banks, the Bank does not consider that a policy case has yet emerged for issuing a CBDC.1 However, the Bank is continuing to closely ... In 1999 the Bank was one of the first central banks to liberalise access by
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-australia-as-a-technology-and-financial-centre.pdf

A Strategic Plan for the Payments System

6 Jun 2023 Submissions PDF 539KB
The Bank welcomes the Government’s support of the work to explore the case for a central bank digital. ... other finance ministries and central banks internationally in this area. This can help guide the public.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf

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

9 Jan 2020 Submissions PDF 797KB
providers; the Bank was one of the first central banks to liberalise access. ... issuance of central bank-backed tokens to commercial banks in exchange for exchange settlement.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf