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RBA Glossary definition for labour market

labour market – A collective term for employment, unemployment, participation rates and wages.

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The Australian Securities and Investments Commission's Review of the EFT Code of Conduct – April 2006 | Responses and Options Paper

8 May 2024 Submissions
As such, there can be efficiency benefits from horizontal integration. Currently Australian markets are serviced by two central counterparties and two securities settlement systems – one of each operated by ASX and ... The only instances where the ASX
https://www.rba.gov.au/publications/submissions/payments-system/proposed-asx-sfe-merger/index.html

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

8 May 2024 Submissions
promoting competition in the market for payment services, consistent with the overall stability of the financial system. ... Both the Bank and the ACCC have a mandate to promote competition in the market for payment services.
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 – July 2016 | Payments System | Submissions

8 May 2024 Submissions
Although the Bank broadly supports the proposed joint campaign by a subset of competitors in the payment card market, the Bank considers that a campaign marketed as an ‘industry initiative’ should
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html

Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2020 | Responses and…

8 May 2024 Submissions
only to a more limited range of wholesale market participants and/or restricted for use in specialised payment and settlement systems. ... In April the Diem Association applied for a payment system licence from the Swiss Financial Market Supervisory
https://www.rba.gov.au/publications/submissions/payments-system/supplementary-submission-technology-12-2020/index.html

Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions

8 May 2024 Submissions
This would have the effect of increasing the market share of the second-mover and creating an incentive for schemes, acting individually, to delay implementation. ... Graph 1. In the Australian card payment market, a significant number of debit cards on
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 – April 2023 | Responses and Options Paper

8 May 2024 Submissions
Regarding the impact of the exit of one or both of the major cash-in-transit (CIT) providers from the market, we reiterate the points made in the Previous Submission.
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-april-2023/index.html

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

8 May 2024 Submissions
There are few regulatory barriers to entry in this market. In the early 2000s, the Reserve Bank identified some restrictions on participation imposed by the credit card systems that unnecessarily inhibited ... Indeed, there are numerous websites which
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/the-credit-card-market.html

Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions

8 May 2024 Submissions
If final authorisation is subsequently not granted, the Bank believes that the market would be able to return to its pre- interim authorisation state given the nature of the planning activities
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html

Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

8 May 2024 Submissions
One potential detriment was the potential to distort competition in the mobile payments market, which was in its infancy in 2017. ... Endnotes. This submission focuses mainly on Apple Pay, Google Pay and Samsung Pay, because they are the most prominent
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments

8 May 2024 Submissions
In contrast to normal markets for goods and services, competition in payment card networks can actually drive fees higher. ... Where the market structure is such that there are two payment networks whose cards are accepted very widely (i.e.
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