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Consider the following transactions: (1) CBA makes a $50m interbank loan to ANZ. (2) ANZ repays $30m to the RBA as part of the completion of a repurchase agreement of government securities made in the past, with no interest. (3) NAB receives $0.5m in interest on its ESA from the RBA. (4) Westpac receives money at the redemption of $70m government bonds paid from the government's account at the REA. (5) The RBA buys USD from the US Federal Reserve that, in total, are worth AUD 9m. (6) With its account at the central bank, the Australian government pays $1 m social allowance to depositors of CBA. On a scrap paper, represent the changes in the balance sheet of the Reserve Bank of Australia (RBA). If several transactions affect the same item in the balance sheet, calculate the net change. Say you have +10 -2for loans then you report +8. Then use your draft to fill the following multiple blanks. The scrap paper will not be uploaded but must be kept for future reference. For each blank either: type a sign + or - to represent the net change and add one number (with m dollar sign and m million sign) eg. +10 or type X if that item is at a mg location in the balance sheet or type 0 (the number 0 not the letter a) if that item is at the Light location but does not change (in net or at all).

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RBA Assets Liabilities +Equity Notes on issue: Notes on issue: CBA ESF: CBA ESF: ANZ ESF: ANZ ESF: NAB ESF: NAB ESF: Westpac ESF: Westpac ESF: Government ESF: Government ESF: Government account: Government account: Fed account at the RBA: Fed account at the RBA: RBA account at the Fed: RBA account at the Fed: Securities: Securities: Equity: Equity: Household deposits: Household deposits: Loans: Loans:

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In net ESF changes by : If you are sure about your answer type that same answer twice, one in each box; if you hesitate between two answers type a different number in the second box (at most you will get half the mark). In net M0 chan es b : ou are sure about our answer e that same answer twice, one in each box; i ou hesitate between two answers 8 y y y P y type a different number in the second box (at most you will get half the mark). Without any further intervention of the RBA, as a result of the transactions above, the cash rate would Type + for an increase; - for a decrease and 0 for no change.

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RBA 
Assets Liabilities+Equity 
Notes on issue-30Notes on issueX
CBA ESF1CBA ESFX
ANZ ESF30ANZ ESFX
NAB ESF0NAB ESFX
Westpac ESF0.5Westpac ESFX
Government ESF70Government ESFX
Government account-1Government accountX
Fed account at the RBA9Fed account at the RBAX
RBA account at the fed-9RBA account at the fedX
SecuritiesXSecurities0
EquityXEquity0
Household depositsXHousehold deposits0
LoansXLoans0