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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
The model projects how economic shocks may influence a bank's profitability, dividends, loan growth and capital position, primarily using decision rules and accounting identities that are uniformly applied to profit
https://www.rba.gov.au/publications/rdp/2022/2022-03.html
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Financial Stability: Ten Questions and about Seven Answers | Conference – 2010

9 Feb 2010 Conferences
Jaime Caruana
One of them, I believe, is the rigour with which rules were enforced. ... Fourth, new mutual assessment processes will ensure that internationally agreed rules are enforced in all jurisdictions.
https://www.rba.gov.au/publications/confs/2010/caruana.html

The Evolution of Monetary Policy: From Money Targets to Inflation Targets | Conference – 1997

21 Jul 1997 Conferences
Stephen Grenville
Who set the rule – the Bank or the Government? Second, how did the Bank view the transmission of monetary policy? ... In terms of rules, money was an intermediate target, but the ultimate target was inflation.
https://www.rba.gov.au/publications/confs/1997/grenville.html

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
The Reserve Bank first enacted rules in 2003 to require card schemes to remove their ‘no-surcharge’ rules, thereby freeing merchants to surcharge card payments. ... First, a default network can be set by the issuer of the card, and this might be
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
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The Performance of Exchange Rate Forecasts

1 Jul 1986 RDP 8609
Philip W. Lowe and Robert G. Trevor
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1986/8609.html
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Which Monetary-policy Regime for Australia? | Conference – 1997

21 Jul 1997 Conferences
Warwick McKibbin
Both rules should really be called the BHM rule but actually significantly predate that identification. ... or I will refer to this class of rules generically as the BHM rule.
https://www.rba.gov.au/publications/confs/1997/mckibbin.html

Appendix A: Data

5 Aug 2020 RDP 2020-04
Keaton Jenner and Peter Tulip
We spot check these rules against photographs on real estate websites and they generally seem to rule in and rule out the right properties.
https://www.rba.gov.au/publications/rdp/2020/2020-04/appendix-a.html
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Designing Inflation Targets | Conference – 1997

21 Jul 1997 Conferences
Andrew G. Haldane
Such a feedback rule encapsulates quite neatly the operational practice of most inflation targeters. ... Finally, what if the transmission lag is underestimated by one period, giving a policy rule,.
https://www.rba.gov.au/publications/confs/1997/haldane.html

What Caused the Decline in US Business Cycle Volatility? | Conference – 2005

11 Jul 2005 Conferences
Robert J Gordon
of policy as the response coefficients in a Taylor rule monetary policy reaction function. ... We show that previous estimates of Taylor rule reaction functions are plagued by serial correlation.
https://www.rba.gov.au/publications/confs/2005/gordon.html

The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016

18 Mar 2016 Conferences
Wing Thye Woo
But if the downward trend of 2011–18 were to continue instead of stabilising at 6 per cent from 2018 onward, could one rule out the scenario that China's growth ... distribution) and good governance (rule of law) are both necessary to ensure the
https://www.rba.gov.au/publications/confs/2016/woo.html