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Topic: Reserve Bank of Australia


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In the News (Fri 4 Dec 09)

  
  Reserve Bank of Australia - Wikipedia, the free encyclopedia
The predecessor to the Reserve Bank, the Commonwealth Bank of Australia, was established in 1911.
In 1960 the central banking functions of the Commonwealth Bank were transferred to the new Reserve Bank of Australia.
The Reserve Bank's board of directors consists of the Governor of the Reserve Bank, Deputy Governor of the Reserve Bank and Secretary to the Treasury as well as 6 external members appointed by the Treasurer.
en.wikipedia.org /wiki/Reserve_Bank_of_Australia   (592 words)

  
 Adam Keller
Australia is the first country in the world to completely make the change from paper notes to polymer notes (Reserve Bank of Australia).
The Reserve Bank of Australia is the central bank of the country.
With the legislation that took effect in 1960, the Reserve Bank of Australia took on the central banking functions of the Commonwealth Bank and the commercial banking and savings banking activities were separated into the new Commonwealth Bank of Australia.
facweb.furman.edu /~dstanford/41papers/keller.html   (2620 words)

  
 Reserve Bank of Australia uses ABBYY FineReader Engine in cheque verification system
RBA customers participating in this system are required to supply the RBA with an issue cheque file containing the payee name printed on the cheque, and this information is entered in the reference database.
Policy decisions are made by the Reserve Bank Board, with the objective of achieving low and stable inflation over the medium term.
The Bank is an active participant in financial markets, manages Australia's foreign reserves, issues Australian currency notes and serves as banker to the Commonwealth Government.
www.abbyy.com /company/success_stories.asp?param=31946   (486 words)

  
 national bank - HighBeam Encyclopedia   (Site not responding. Last check: 2007-10-31)
NATIONAL BANK [national bank] in the United States, financial institution of a class authorized by Congress in acts of 1863 and 1864.
The act of 1864 authorized the formation of private banking corporations that were to invest a large part of their capital in bonds of the United States and that might then issue their notes as currency.
Subsequent acts modified the act of 1864 in various details, and the plan was changed fundamentally by the Federal Reserve Act of Dec. 23, 1913, which provided for the gradual substitution of Federal Reserve notes and Federal Reserve bank notes for national bank notes.
www.encyclopedia.com /html/n/natlbank.asp   (439 words)

  
 Reserve Bank of Australia warning of 'meltdown' - Gold & Silver Forum
The Reserve Bank of Australia warned yesterday that the current calm in financial markets could be the prelude to a storm that could wreak havoc in the world economy.
The Reserve Bank says the sooner the correction occurs, the better, as the magnitude of the shock is likely to increase if the boom continues for a few more years.
Australia is a good test bed to assess the level of panic from that sort of news.
www.goldismoney.info /forums/showthread.php?t=24281   (1040 words)

  
 VOLUME SEVEN
An analysis of the Bank's relationship with the Reserve Bank is relevant to matters referred to in my Terms of Appointment A(a)(b)(c), C and D. Taken alone, the issues arising from the Reserve Bank relationship are not causative of loss in themselves.
Those Reserve Bank arrangements were `overtaken' by subsequent events, in particular, a suggestion by Mr Clark that he and the Chairman (Mr D W Simmons) should call on the Governor of the Reserve Bank.
In the normal course, however, the Reserve Bank view is that a shareholder of any bank is represented by the board of directors, and that the extent of reporting between shareholder(s) and board of directors is a matter for the board of directors to decide.
www.audit.sa.gov.au /sbsa93/chapter15.html   (13225 words)

  
 Reserve Bank of Australia quarterly statement on monetary policy - Forbes.com   (Site not responding. Last check: 2007-10-31)
Most of the major central banks are now in the process of normalising their official interest rates from the unusually low levels that they reached earlier in the decade.
Market interest rates moved upwards across the yield curve in Australia during the recent period such that, by the time of the May Board meeting, the market was fully pricing in a rise in the cash rate in the coming months, with a 50 pct probability that it would occur at the May meeting itself.
Overall, the bank's assessment is that demand and output growth over the next year or two are likely to converge to a pace broadly in line with the growth of the economy's productive capacity.
www.forbes.com /business/feeds/afx/2006/05/04/afx2723038.html   (2055 words)

  
 Nugget, Pike, et al.: The Role of the Reserve Bank of Australia in Papua New Guinea’s Decolonisation
Initially, the Bank’s central banking functions were largely confined to acting as banker to the Commonwealth government and the administration of Papua New Guinea, distributing notes and coins, assisting the Department of Territories and the administration with loan raising, and maintaining a stock registry; but as political and economic development accelerated, the Bank’s role increased.
By the early 1960s the Reserve Bank had thus established a significant presence in Papua New Guinea and initiated a process of localisation, had embarked on a programme of financial education, and was becoming increasingly involved in research into and monitoring of the Papua New Guinea economy.
Having finally had its role determined (it was to consider a paper, prepared by the Reserve Bank, to be cleared by Treasury, External Territories and the Bank, shown to the Administration, and then formally submitted to External Territories for submission to the administrator), the currency working group met in Canberra in December 1971.
epress.anu.edu.au /sspng/mobile_devices/ch17.html   (7239 words)

  
 Australia and New Zeland Reserve Banks
Reserve Bank of Australia In 1911, legislation established the Commonwealth Bank of Australia.
Central banking functions developed gradually until the Second World War when wide powers were conferred in areas such as exchange control and the administration of monetary and banking policy.
The Bank for International Settlements The BIS is an international organisation which fosters cooperation among central banks and other agencies in pursuit of monetary and financial stability.The BIS has been authorised to include web site information for the following central banks.
www.waoline.com /Economy/ReservBk/RsrvBkAu.htm   (632 words)

  
 Reserve Bank of Australia - inflation
Reserve Bank of Australia fails to understand the inflation threat
Economic commentators from Terry McCrann to Des Moore have congratulated the Reserve Bank of Australia for its success in keeping Australia’s inflation rate within the 2-3 per cent bandwidth.
Dr Winfield Riefler of the Federal Reserve responded by pointing out that even if such a rate could be controlled “it would be equal to an erosion of the purchasing power of the dollar by about one-half in each generation”.
www.brookesnews.com /050606ausecon.html   (1058 words)

  
 5.9 The Reserve Bank of Australia   (Site not responding. Last check: 2007-10-31)
It is clear that central banks should play some role in the regulation of smart card systems.
This paper is not suggesting that the Reserve Bank of Australia should begin to issue electronic purses.
The Reserve Bank might also wish to take steps to ensure that smart cards remain counterfeit proof if they are to take the place of currency.
www.austlii.edu.au /au/other/CyberLRes/1995/smart/59.html   (532 words)

  
 MENAFN - Middle East North Africa . Financial Network News: Reserve Bank of Australia hikes interest rates   (Site not responding. Last check: 2007-10-31)
The move by RBA came after Australia's headline annual inflation rate reached 3.0 percent in the first quarter, the top end of the bank's target range.
Analysts had been split on their predictions of whether the bank would increase rates now or hold on until later in the year, but most expected no change.
The governor of Reserve Bank said in a statement that signs of inflationary pressures had to be acted upon.
www.menafn.com /qn_news_story_s.asp?StoryId=1093111472   (153 words)

  
 Finextra: Reserve Bank of Australia regulates national Eftpos network
The Reserve Bank of Australia (RBA) has officially designated the national electronic funds transfer at point of sale (Eftpos) system as a payment system, paving the way for the imposition of standards and possible fee-capping for the network.
RBA says current interchange arrangements result in higher charges for cardholders compared to credit cards or scheme-based debit cards, despite the Eftpos system having relatively lower costs.
However, the RBA added that it would not at this stage designate the national ATM system, noting the potential for voluntary reform.
www.finextra.com /fullstory.asp?id=12462   (317 words)

  
 Reserve Bank of Australia News - Inbox Robot
Market watchers are also concerned the Reserve Bank of Australia will again increase interest rates after solid housing approvals and finance data was released...
At 1600 AEST the Australian dollar on the Reserve Bank of Australia's trade weighted index (TWI) was at 63.2 points compared with yesterday's close of 63.9.
At 1600 AEST the dollar on the Reserve Bank of Australia's trade weighted index (TWI) was at 63.2 points compared with yesterday's close of 63.9.
www.inboxrobot.com /news/reserve-bank-of-australia   (947 words)

  
 Directory of Archives in Australia - Reserve Bank of Australia
The RBA's general policy is that records created by the Bank are open to the public 15 years from the date of their creation.
The Reserve Bank (which was the Commonwealth Bank prior to 1960) also has a collection of records of Savings Banks that amalgamated with the Commonwealth Bank which date back to 1832 (100% in-house).
Rawstron, G J, Resource Allocating at the Reserve Bank, Proceedings of the 1995 Conference of the Australian Society of Archivists.
www.archivists.org.au /directory/data/140.htm   (292 words)

  
 Reserve Bank of Australia - credit expansion
Recently Glen Stevens, Ian MacFarlane’s deputy at the Reserve Bank of Australia, warned that the economy was approaching capacity constraints and so growth would slow as output failed to keep up with demand, meaning monetary expansion.
Eventually the central bank would have to restrict the money supply and send the economy into recession in response to a deteriorating trade balance.
None of the above will register with anyone at the Reserve as made evident by it summary statement of monetary policy in which it is suggested that “capacity constraints may be becoming more important.” It then goes on to talk about “bottlenecks” “producer prices” and “inflation”, as if they were discrete economic phenomena.
www.brookesnews.com /051402costello2.html   (894 words)

  
 Australia HQ : Radio Australia
Australia's premier film school with 100s of pages of information on courses andservices, online library, and Quicktime movies.
Community radio station 2bbb-fm is situated in the Bellingen Shire, NSW, Australia -on the mid-north coast.
Australia HQ excludes all liability of any kind (including negligence) in respect of any third party information or other material made available on, or which can be accessed using, this Website.
australiahq.com /radioaustralia/index.php   (864 words)

  
 ReadMe File-Reserve Bank of Australia   (Site not responding. Last check: 2007-10-31)
The files in this directory list meeting dates of the Reserve Bank of Australia along with the resulting direction of RBA monetary policy.
The Reserve Bank of Australia board meetings are held on the first Tuesday of each month except January.
Unscheduled changes to the offical cash rate made during intermeeting periods are included in the dates files..
www.lim.com /doc/date_files/readme_australia.htm   (86 words)

  
 AusCERT - AL-2006.0006 -- Fake Reserve Bank of Australia email and website entice users to disclose banking ATM card ...
The Reserve Bank and Australian High Tech Crime Centre have produced a media release warning of this fraud, and showing an example fake email.
DETAILS: The fraudulent email appears to be from "Reserve Bank" and has a Subject line of "Verification Required!" or similar.
On visiting the fake website, it requests that users first select their bank name from a range of Australian banks, then enter their name, ATM debit card numbers, PIN, expiration date and email address.
www.auscert.org.au /render.html?it=5957   (428 words)

  
 Reserve Bank of Australia - Voyager, the free encyclopedia   (Site not responding. Last check: 2007-10-31)
Reserve Bank of Australia - Voyager, the free encyclopedia
It is headed by the Governor of the Reserve Bank, who as of 2005 is Ian Macfarlane.
(c)the economic prosperity and welfare of the people of Australia.
voyager.in /Reserve_Bank_of_Australia   (530 words)

  
 RESERVE BANK OF AUSTRALIA, Sydney, Australia   (Site not responding. Last check: 2007-10-31)
The Reserve Bank of Australia is Australia's central bank and is located in Sydney.
The Bank recruits macroeconomists and financial economists for its three policy groups: the Economic Group, Financial Markets Group and Financial Systems Group.
We will consider secondments from other central banks and may also be able to assist with visa arrangements for highly qualified foreign candidates.
www.aeaweb.org /joe/0411d/html/joe276.html   (226 words)

  
 ERN Jobs: RESERVE BANK OF AUSTRALIA   (Site not responding. Last check: 2007-10-31)
RESERVE BANK OF AUSTRALIA Internships 2006 The Reserve Bank of Australia invites applications for Internships.
This is an opportunity for Ph.D. students to gain valuable experience in a central banking environment.
It is a 3 month internship starting sometime in either May or June 2006.
www.ssrn.com /update/ern/ernjob/job184.html   (210 words)

  
 Reserve Bank of Australia on Business Continuity
The Reserve Bank of Australia is required to assess how well central counterparties and securities settlement systems are complying with standards and to provide a written report to the Minister with portfolio responsibility for the Corporations Act 2001.
Excepting these, and noting the limitations of the data available at the time, the Bank found that the facilities complied with the financial stability standards.
Over the following months, the facilities provided additional information to the Bank, including responses to a detailed questionnaire covering all aspects of the facilities' compliance with the standards.
blogger.xs4all.nl /promptus/archive/2005/04/03/33371.aspx   (358 words)

  
 Reserve Bank Of Australia Phishing Scam
A phishing scam currently being distributed falsely claims to be from the Reserve Bank of Australia.
However, the link opens a fake website and any banking details provided on the site can be harvested by scammers.
The Reserve Bank of Australia is not sending these emails nor does the RBA require debit card account holders to verify their details.
www.hoax-slayer.com /rba-phishing-scam.html   (182 words)

  
 Reserve Bank of Australia - Home Page
Welcome to the website of Australia's central bank.
Information about the RBA, including its monetary policy and other functions, can be accessed through the menu at left.
At its meeting on 5 September, the Reserve Bank Board decided to leave the cash rate target unchanged at 6.00 per cent.
www.rba.gov.au   (122 words)

  
 Traders Network Organisation - Email scam targets Reserve Bank   (Site not responding. Last check: 2007-10-31)
The scam email threatens to terminate banking services of individuals if they do not "verify" their debit card details via a link.
The scammer then use the financial details collected to empty the victim's bank account.
The Reserve Bank of Australia warns that it does not require such verification and advises the public not to respond to emails that request for personal details.
www.tradersnetwork.org /intelligence/content/view/852/45   (275 words)

  
 Find in a Library: Australia's money mandarins : the reserve bank and the politics of money
Find in a Library: Australia's money mandarins : the reserve bank and the politics of money
Australia's money mandarins : the reserve bank and the politics of money
WorldCat is provided by OCLC Online Computer Library Center, Inc. on behalf of its member libraries.
worldcatlibraries.org /wcpa/ow/902c212e895d2cd6a19afeb4da09e526.html   (94 words)

  
 Reserve Bank of Australia (Business Reference Services, Library of Congress)
Reserve Bank of Australia (Business Reference Services, Library of Congress)
Reserve Bank of Australia (RBA) owned by the Australian Government.
Abstracts and full text of the selected Research discussion paper are available for download from the organization's web site.
www.loc.gov /rr/business/techreps/Name.php?CorpID=108   (85 words)

  
 RBA Recruitment: Graduate Opportunities
Please use the links to assist in your moving from one page to another.
Please note the RBA only accepts applications via the online application process.
Recruitment for Graduate positions in 2008 will commence around March 2007.
rba.recruitasp.com.au /graduate.jsp   (58 words)

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