Business Definition for: Reserve Bank Of Australia
Australia's central bank, which is responsible for managing the Commonwealth's monetary policy, ensuring financial stability, and printing and distributing currency.
THE RULING ON CREDIT CARDS by the Reserve Bank of Australia RBA was the first step in 'refining' the Australian payments system. The RBA is the first central bank to make a definitive decision on the contentious issue of association members...
ABIX via COMTEX) -- The Reserve Bank of Australia RBA has again been criticised for its attempt to intervene in the matter of credit card charges. Visa International's executive vice-president for Australia and New Zealand, Gordon Wheaton, speaking ABIX via COMTEX) -- The Reserve Bank of...
Visa International has taken legal action against the Reserve Bank of Australia to stop the national regulator from dramatically reducing the interchange fees charged on card transactions. Visa International has taken legal action against the Reserve Bank of Australia to stop the national regulator...
May 24, 2006 (Reserve Bank Bulletin - ABIX via COMTEX) -- The Reserve Bank of Australia has released a package of reforms to the EFTPOS and scheme debit systems. The designation of the Bankcard system has been revoked. The bank determined that the ...
SYDNEY, May 19 Asia Pulse - Credit card company Visa International today began its case against the Reserve Bank of Australia RBA, saying the central bank had acted outside of its powers when it introduced new standards for the credit card industr SYDNEY, May 19...
Jul 25, 2006 (Reserve Bank Bulletin - ABIX via COMTEX) -- In April 2006, the Reserve Bank of Australia RBA released a package of reforms to Australia's debit card systems. The package includes the standards to apply to Visa Debit interchange fees Jul 25,...
SYDNEY, Nov 11 Asia Pulse - National Australia Bank Ltd (ASX:NAB) boss Frank Cicutto expects the Reserve Bank to adopt a "wait and see" approach to interest rates. SYDNEY, Nov 11 Asia Pulse - National Australia Bank Ltd (ASX:NAB) boss Frank Cicutto expects the...
SYDNEY, Oct 11 Asia Pulse - Two international credit card companies say court action against the Reserve Bank of Australia is likely to take four to six weeks and involve calling expert finance witnesses. SYDNEY, Oct 11 Asia Pulse - Two international credit card...
SYDNEY, May 20 Asia Pulse - The Reserve Bank of Australia cut the fees banks pay each other to provide credit card transactions even though it had previously acknowledged the need for such fees, a credit card company said today. SYDNEY, May 20 Asia...
Sep 26, 2005 (Reserve Bank Bulletin - ABIX via COMTEX) -- Reserve Bank of Australia RBA media releases will no longer be available through Telerate, due to Reuters' recent acquisition of Telerate. ...
APPLICATIONS APPROVED UNDER BANK HOLDING COMPANY ACT By Federal Reserve Banks Recent applications have been approved by the Federal Reserve Banks as listed below. Copies are available upon request to the Reserve Banks. Section 3 ...
ABIX via COMTEX) -- The fees attached to Visa debit cards may come under scrutiny in Australia. It is not certain because a Reserve Bank of Australia RBA working group is looking mainly at interchange arrangements for the Eftpos network. There has ABIX via COMTEX)...
LEXINGTON, Mass.--BUSINESS WIRE--March 14, 1995--Logica, one of the leading systems integration, consulting and software firms in the world, announced that it has successfully completed installation of the wireroom module of BESS Bank Electronic Support System for the National Australia Bank Ltd., the largest bank in Australia.
SYDNEY, Sept 19 Asia Pulse - The Reserve Bank of Australia RBA is the subject of legal action from card operator Visa International over its proposed credit card reforms. SYDNEY, Sept 19 Asia Pulse - The Reserve Bank of Australia RBA is the subject...
CUSCAL has warned the Reserve Bank that its reform proposals will actually worsen payments system efficiency. "The RBA is supposed to be about improving payments system efficiency but its plans for Visa Debit will have the opposite effec ...
FAIRFAX, Va. -- David W. Pijor, Chairman and Chief Executive Officer of First Virginia Community Bank, in organization, announced the Federal Reserve Bank of Richmond has approved the organization's application for membership in the Federal Reserve System. "Membership in the Federal Reserve System provides our new bank with extensive products...
THE AUSTRALIAN CREDIT CARD market has effectively been turned on its head by the controversial, Reserve Bank of Australia reforms, which have just come into effect. And the argument rages on about whether the changes will actually achieve the ...
The following is an edited text of a speech by the Governor of the Reserve Bank of Australia, Ian Macfarlane to Asian investors recently. THE AUSTRALIAN economy has attracted much favourable attention lately because it has performed so well du ...
Today, Bank of Smithtown sold its shares of stock in the Federal Reserve Bank of New York back to the Fed, thereby withdrawing from its membership in the Federal Reserve System.
DEUTSCHE BANK AG OUSTED National Australia Bank as the leading arranger of bond sates in Australia in the first half of 2002, as financial companies and banks sold the most debt. Europe's biggest bank, National Australia and UBS Warburg AG, i...
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