Endnotes [*]  My thanks to Stephanie Connors (RBA) and Victoria Richardson (Australian Payments Network) for their contribution to this speech. [1]  The Reserve Bank's authority to provide banking services is set out in the . The Act empowers the Bank to act as banker to the Commonwealth insofar as the Commonwealth requires the Bank to do so.
[2]  The term ‘agencies’ refers to corporate and non-corporate Commonwealth entities as defined under the The term is used here for ease of expression. However, only non-corporate Commonwealth entities, which includes most government departments, are subject to the sweep arrangements. [3]  The review was commissioned by the Treasurer in mid-2017.