Search: monetary aggregates
RBA Glossary definition for monetary aggregates
monetary aggregates – A series of measures of the values of currency on issue, current deposits with banks, other deposits with banks, plus borrowings from the private sector by non-bank financial institutions (NBFIs) less currency and bank deposits by NBFIs. Components consist of: 'M1' defined as currency plus bank current deposits from the private non-bank sector; 'M3' defined as M1 plus all other authorised deposit-taking institution (ADI) deposits from the private non-ADI sector, plus certificates of deposit issued by banks, less ADI deposits held with one another; 'Broad money' defined as M3 plus other short-term liquid AFI liabilities held by the private sector, except those held by other AFIs ; 'Money base' defined as holdings of banknotes and coins by the private sector plus deposits of banks with the Reserve Bank of Australia (RBA) and other RBA liabilities to the private non-bank sector
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Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-References
8 May 2024
Submissions
RBA (2015a), Review of Card Payments Regulation: Issues Paper, March. RBA (2015b), ‘Box E: Offset Account Balances and Housing Credit’, Statement on Monetary Policy, August, pp 56–57.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/references.html
Submission to the Inquiry into the Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023
6 Feb 2024
Submissions
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223KB
by the Board setting monetary policy to achieve both price stability and full employment. ... monetary policy to achieve price stability and full employment, not by pursuing broader objectives.
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
Submission to the Inquiry into the Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023 | Performance and Accountability | Submissions
2 Feb 2024
Submissions
monetary policy to achieve price stability and full employment, not by pursuing broader objectives. ... of the people of Australia) is not interpreted as an independent objective of monetary policy.
https://www.rba.gov.au/publications/submissions/other/inquiry-into-the-treasury-laws-amendment-reserve-bank-reforms-bill-2023/index.html
Reforms to the Payment Systems (Regulation) Act 1998
20 Dec 2023
Submissions
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306KB
the Government has no direct role in the formulation of monetary policy.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/treasury-consultation-on-reforms-to-the-psra-submission-07-07-2023.pdf
Reforms to the Payment Systems (Regulation) Act 1998
1 Dec 2023
Submissions
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446KB
Submission to Consultation on Exposure Draft Legislation
https://www.rba.gov.au/publications/submissions/payments-system/pdf/reforms-to-the-payment-systems-regulation-nov-2023.pdf
Submission to the Inquiry into the Prudential Regulation of Investment in Australia's Export Industries – March 2021
23 Mar 2021
Submissions
Submission to the Inquiry into the Prudential Regulation of Investment in Australia's Export Industries - 23 March 2021
https://www.rba.gov.au/publications/submissions/economic-activity/submission-inquiry-into-prudential-regulation-of-investment-in-australias-export-industries/
Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology
9 Feb 2021
Submissions
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565KB
A stablecoin that became widely used could also have adverse implications for monetary and financial stability, at least in smaller economies.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/supplementary-submission-technology-12-2020.pdf
Submission to Payments System Review
3 Feb 2021
Submissions
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1155KB
the reforms recommended by the Wallis Inquiry in 1998.2. 1 The Bank’s non-payments responsibilities (including monetary policy) are governed by a separate board, the Reserve. ... This is. similar to the arrangements for monetary policy, where the broad
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf
65 Martin Place Sydney NSW 2000 GPO Box 3947 ...
23 Apr 2020
Submissions
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580KB
monetary benefit from their credit card. Around 50 per cent of loss-marking cardholders did not consider switching cards, 16 per cent considered switching and only 9 per cent switched cards.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/future-directions-for-the-consumer-data-right.pdf
Submission to the Senate Select Committee on Financial Technology and Regulatory Technology
9 Jan 2020
Submissions
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797KB
regulatory risks, including to consumer/investor protection, data privacy, monetary policy, and financial.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf