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RBA Glossary definition for HAC Rule
HAC Rule – Honour All Cards Rule
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Payments System Board Annual Report 2004 -Glossary
22 Sep 2005
PSB Annual Report
2004
PDF
40KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/glossary.pdf
Glossary
11 Nov 2004
PSB Annual Report
– 2004
DvP. Delivery-versus-Payment. EFTPOS. Electronic Funds Transfer at Point of Sale. HAC Rule. ... Honour All Cards Rule. Interchange fee. a fee paid between card issuers and acquirers when cardholders make transactions.
https://www.rba.gov.au/publications/annual-reports/psb/2004/glossary.html
Payments System Board Annual Report 2004 - Competition and Efficiency
22 Sep 2005
PSB Annual Report
2004
PDF
67KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/competition.pdf
Payments System Board Annual Report 2004
15 Nov 2004
Annual Report
PDF
465KB
It also viewed the ‘no surcharge’ rule as detrimental to the effi cient and competitive functioning of the credit card payment system. ... A large group of merchants, led by Wal-Mart, sued MasterCard and Visa over their activities related to their
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/2004-psb-ann-report.pdf
Competition and Efficiency
11 Nov 2004
PSB Annual Report
– 2004
Removal of the so-called ‘no surcharge’ rule has led some merchants to introduce charges for the use of credit cards. ... A large group of merchants, led by Wal-Mart, sued MasterCard and Visa over their activities related to their debit cards and, in
https://www.rba.gov.au/publications/annual-reports/psb/2004/competition.html
Central Bank Frameworks: Evolution or Revolution?
4 Jan 2023
Conferences
PDF
7522KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018.pdf
Discussion on Evaluating Simple Monetary-policy Rules for Australia | Conference – 1997
21 Jul 1997
Conferences
All the rules are constrained to be backward-looking, by which I mean they do not include any expected future values of the variables in the rule. ... an explicit open-economy dimension in the monetary rule; and the potential for forward-looking rules to
https://www.rba.gov.au/publications/confs/1997/macklem.html
Evaluating Simple Monetary-policy Rules for Australia | Conference – 1997
21 Jul 1997
Conferences
Consistent with Ball's (1997) model, nominal-income rules are relatively inefficient, with the efficient frontier lying outside the Taylor-rule frontier. ... Recall that the Taylor-rule frontier in Figure 1 shows outcomes from the efficient Taylor rules.
https://www.rba.gov.au/publications/confs/1997/de-brouwer-oregan.html
Evaluating Simple Monetary-policy Rules for Australia
7 Dec 2006
Conferences
PDF
156KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/de-brouwer-oregan.pdf
Monetary Targeting: The International Experience | Conference – 1989
20 Jun 1989
Conferences
Sargent (1979), in his widely-used textbook, provided a somewhat extreme summing up of the problems associated with interest rate rules, concluding (p 362) “there is no interest rate rule that ... rule. One of the advantages claimed for the use of
https://www.rba.gov.au/publications/confs/1989/edey.html