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By MIL OSI - ForeignAffairs.co.nz / June 25, 2019 / 24-7, AM-NC, Asia Pacific, Asia Pacific Region, Australia, Australia Government Statements, Banking, Banking and Finance, Business, Commerce, Crime, CTF, Economy, English, Environment, Immigration, Internet Communications Technology, KB, law, Legal, MIL OSI, Open Source Intel, Pacific Region, Reserve Bank of Australia, Singapore, Technology, Trade, United Kingdom / Comments Off on MIL-OSI Australia: Modernising Australia’s Payments System
Source: Reserve Bank of Australia Today I am going to talk about Australia’s continuing journey to modernise its payments infrastructure. An efficient, safe and reliable electronic payments system is an essential part of a well-functioning economy. Over the past decade, the way people shop and pay has been undergoing a transformation. Face-to-face and bill payments […]
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By MIL OSI - ForeignAffairs.co.nz / June 20, 2019 / 24-7, Aid, AM-NC, Asia Pacific, Asia Pacific Region, Australia, Australia Government Statements, Australian Cities, Banking and Finance, Business, Canada, Commerce, CTF, Economy, Employment, English, Exploration, Fiscal Updates, Health, Immigration, Inflation, Investment, KB, Labour, MIL OSI, Mining, New South Wales, New Zealand, Open Source Intel, Pacific Region, Reserve Bank of Australia, Resource Exploitation, Resource Exploration, South Australia, Trade / Comments Off on MIL-OSI Australia: Speech: The Labour Market and Spare Capacity
Source: Reserve Bank of Australia – I would like to thank CEDA for the invitation to address this lunch. It is a great pleasure to be back in Adelaide and to participate in another CEDA event. Those of you who follow the RBA closely would have noticed frequent references to the labour market in our […]
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By MIL OSI - ForeignAffairs.co.nz / June 18, 2019 / 24-7, Aid, AM-NC, Asia Pacific, Asia Pacific Region, Australia, Australia Government Statements, Banking and Finance, CTF, Economy, Employment, English, Environment, Exploration, Health, Investment, KB, MIL OSI, Mining, Open Source Intel, Pacific Region, Queensland, Reserve Bank of Australia, Trade / Comments Off on MIL-OSI Australia: Understanding Rising Housing Loan Arrears
Source: Reserve Bank of Australia Thank you to the Property Council for asking me to speak at this Property Leaders’ Summit. I want to address an important issue for the property industry – the rising rate of housing loan arrears (Graph 1). Why is it that an increasing share of housing borrowers are behind in their […]
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By MIL OSI - ForeignAffairs.co.nz / June 13, 2019 / 24-7, AM-NC, Asia Pacific, Asia Pacific Region, Australia, Australia Government Statements, Banking and Finance, CTF, Economy, English, KB, MIL OSI, Open Source Intel, Pacific Region, Reserve Bank of Australia / Comments Off on MIL-OSI Australia: New Payments Platform: Conclusions Paper
Source: Reserve Bank of Australia The Reserve Bank today released a report on the functionality of, and access to, the New Payments Platform. The report presents 13 recommendations from the public consultation that the Bank has undertaken with input and assistance from the Australian Competition and Consumer Commission (ACCC). The recommendations, if fully implemented by […]
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By MIL OSI - ForeignAffairs.co.nz / June 12, 2019 / 24-7, Aid, AM-NC, Asia Pacific, Asia Pacific Region, Australia, Australia Government Statements, Banking and Finance, Budget, Business, Climate Change, Commerce, Crude, CTF, Cyclone, Defence, Economics, Economy, Education, Employment, English, Exploration, Exports, Gas, Health, Inflation, Intelligence, Investment, KB, Labour, law, Legal, MIL OSI, Mining, New South Wales, Oil, Open Source Intel, Pacific Region, Reserve Bank of Australia, Resource Exploitation, Resource Exploration, Security, Technology, Trade, United States of America / Comments Off on MIL-OSI Australia: Watching the Invisibles
Source: Reserve Bank of Australia It’s great to be back at one of my alma maters to deliver the Freebairn Lecture in Public Policy. John Freebairn’s extensive publication record and long history of contributions to public debate speak to his abiding interest in public policy across a broad range of areas. It is indeed an […]
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By MIL OSI - ForeignAffairs.co.nz / June 12, 2019 / 24-7, Aid, AM-NC, Asia, Asia Pacific, Asia Pacific Region, Australia, Australia Government Statements, Banking and Finance, Business, China, Commerce, Commodities, CTF, Economy, Education, English, Exploration, Exports, Germany, Hong Kong, Imports, Investment, Japan, KB, MIL OSI, Mining, Open Source Intel, Pacific Region, Peoples Republic Of China, Republic of Korea, Reserve Bank of Australia, Resource Exploitation, Resource Exploration, Tourism, Trade, United States of America / Comments Off on MIL-OSI Australia: Remarks at the Australian Renminbi Forum Melbourne
Source: Reserve Bank of Australia Introduction Thank you to the Australian Renminbi Working Group for the invitation to offer some remarks this morning. Over time, the Chinese authorities have gradually opened up China’s capital account. Among many other things, this has encouraged deeper financial links between Australia and China, supported by strong trade ties. There […]
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By MIL OSI - ForeignAffairs.co.nz / June 7, 2019 / 24-7, AM-NC, Asia Pacific, Asia Pacific Region, Australia, Australia Government Statements, Banking and Finance, CTF, DJF, Economy, English, KB, MIL OSI, Open Source Intel, Pacific Region, Reserve Bank of Australia / Comments Off on MIL-OSI Australia: Reserve Bank Adjusts the Committed Liquidity Facility
Source: Reserve Bank of Australia Following a review, the Reserve Bank has assessed that Authorised Deposit-taking Institutions (ADIs) using the Committed Liquidity Facility (CLF) can increase their holdings of high quality liquid assets (HQLA) from 25 to 30 per cent of the stock of HQLA securities. This change is possible because the volume of HQLA securities has […]
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By MIL OSI - ForeignAffairs.co.nz / June 5, 2019 / 24-7, AM-NC, Asia Pacific, Asia Pacific Region, Australia, Australia Government Statements, Banking and Finance, Business, China, Climate, Climate Change, Commerce, Commodities, CTF, DJF, Economy, Education, Employment, English, Environment, Exploration, Exports, Gas, India, Investment, Japan, KB, Korea, Labour, MIL OSI, Mining, New South Wales, Open Source Intel, Pacific Region, Peoples Republic Of China, Republic of Korea, Reserve Bank of Australia, Resource Exploitation, Resource Exploration, Technology, Trade, United States of America, Weather / Comments Off on MIL-OSI Australia: Australia’s Resource Industry – A Look into the Crystal Ball
Source: Reserve Bank of Australia Introduction Good morning and thank you to the AMEC for the invitation to be here today. The resource sector makes a significant contribution to the Australian economy. It accounts for about 20 per cent of business investment and almost 60 per cent of Australia’s exports. There are also significant spillovers from mining activity to […]
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By MIL OSI - ForeignAffairs.co.nz / June 4, 2019 / 24-7, Aid, AM-NC, Asia Pacific, Asia Pacific Region, Australia, Australia Government Statements, Banking and Finance, Business, Commerce, CTF, DJF, Economy, Employment, English, Fiscal Updates, Inflation, Investment, KB, Labour, MIL OSI, New South Wales, Open Source Intel, Pacific Region, Reserve Bank of Australia, Resource Exploitation, Resource Exploration, Trade / Comments Off on MIL-OSI Australia: Today’s Reduction in the Cash Rate
Source: Reserve Bank of Australia On behalf of the Reserve Bank Board, I would like to warmly welcome you to this community dinner. Thank you for joining us this evening. We value this opportunity to hear firsthand from you about the challenges and opportunities you face. I would also like to take advantage of the […]
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By MIL OSI - ForeignAffairs.co.nz / May 31, 2019 / 24-7, AM-NC, Asia Pacific, Asia Pacific Region, Australia, Australia Government Statements, Banking and Finance, CTF, DJF, Economy, English, KB, MIL OSI, Open Source Intel, Pacific Region, Reserve Bank of Australia / Comments Off on MIL-OSI Australia: The Operation of the Interchange Standards: Conclusions and Variation of Standards
Source: Reserve Bank of Australia After consultation with industry, the Reserve Bank has decided to implement the proposals it put forward in February to vary Standards No 1 and No 2 of 2016 to improve the clarity and operation of the net compensation requirements of the Standards. The Bank will also implement its proposed transitional […]
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