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RBA Glossary definition for liquidity

liquidity – The capacity to sell an asset quickly without significantly affecting the price of that asset. Liquidity is also sometimes used to refer to assets that are highly liquid.

RBA Glossary definition for liquidity management

liquidity management – Activities within a financial institution to ensure that holdings of liquid assets (e.g. cash, bank deposits and other financial assets) are sufficient to meet its obligations as they fall due, including unexpected transactions.

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19 February 2020 Tony Richards Head of Payments Policy ...

19 Feb 2020 DOCX 95KB
It would also be helpful to consider whether a lead regulator for CDR (including Open Banking, Consent Management and Digital ID) should be considered.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/cuscal.DOCX