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ACT – Australian Competition Tribunal
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The International Environment
5 Aug 2022
SMP
– August 2022
The BoE noted that it will be alert to indications of persistent inflationary pressures and will act forcefully if necessary.
https://www.rba.gov.au/publications/smp/2022/aug/the-international-environment.html
International and Foreign Exchange Markets
10 Aug 2010
SMP
– August 2010
Key points in the Act include:. banking entities will be prohibited from proprietary trading (the ‘Volcker rule’). ... The Act also makes rating agencies liable for the quality of their rating decisions if the ratings are included in the registration
https://www.rba.gov.au/publications/smp/2010/aug/intl-fx-mkts.html
Domestic Financial Markets
10 May 2011
SMP
– May 2011
Banking Act 1959. In April, Moody's placed 56 tranches of 25 Australian RMBS transactions totalling around $6.5 billion on review for a possible downgrade of their credit ratings.
https://www.rba.gov.au/publications/smp/2011/may/dom-fin-mkts.html
International Economic Developments
10 May 2009
SMP
– May 2009
In the United States the American Recovery and Reinvestment Act was passed in mid February, setting in train a discretionary stimulus in excess of 4 per cent of annual GDP to
https://www.rba.gov.au/publications/smp/2009/may/intl-eco-dev.html
International and Foreign Exchange Markets
10 Aug 2011
SMP
– August 2011
act on the basis of a precautionary program prior to official EU/IMF assistance;. ... Regulatory reforms regarding the standardisation and central clearing of derivatives contracts under the Dodd-Frank Wall Street Reform and Consumer Protection Act were
https://www.rba.gov.au/publications/smp/2011/aug/intl-fx-mkts.html
Domestic Financial Markets
15 Feb 2017
SMP
– February 2017
By converting the Australian dollars they raise into foreign currency, Kangaroo issuers act as indirect counterparties for Australian corporations looking to convert funds raised offshore back into Australian dollars.
https://www.rba.gov.au/publications/smp/2017/feb/domestic-financial-markets.html
International and Foreign Exchange Markets
10 Nov 2008
SMP
– November 2008
While the draft legislation was initially rejected by the US House of Representatives, a revised form of the package, the Emergency Economic Stabilization Act (EESA), was passed into law in early ... October. The Act allows the US Treasury to provide
https://www.rba.gov.au/publications/smp/2008/nov/intl-fx-mkts.html
Box E: Offset Account Balances and Housing Credit
11 Aug 2015
SMP
– August 2015
An offset account typically acts like an at-call deposit account, with funds in the account netted against the borrower's outstanding mortgage balance for the purposes of calculating interest on ... Because it acts like an at-call deposit account, any
https://www.rba.gov.au/publications/smp/2015/aug/box-e-offset-account-balances-and-housing-credit.html
Box B: The Recent Japanese Yen Flash Event
10 Feb 2019
SMP
– February 2019
and because Japanese banks, many of whom act as foreign exchange market-makers, were closed for a public holiday in Japan.
https://www.rba.gov.au/publications/smp/2019/feb/box-b-the-recent-japanese-yen-flash-event.html
Box C: Fiscal Policy and Economic Activity
11 Aug 2015
SMP
– August 2015
A narrowing in the cash deficit entails a mix of lower payments and/ or higher receipts, both of which can act to reduce aggregate spending across the private and public sectors.
https://www.rba.gov.au/publications/smp/2015/aug/box-c-fiscal-policy-and-aconomic-activity.html