Search: HAC Rule
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RBA Glossary definition for HAC Rule
HAC Rule – Honour All Cards Rule
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Reforming the Australian Payments System: The State of Play
10 Apr 1993
Bulletin
– April 1993
Each has made considerable progress towards formalising rules and procedures that will govern the different clearing streams. ... That committee is well advanced with drafting revised rules and procedures to govern those payments.
https://www.rba.gov.au/publications/bulletin/1993/apr/5.html
Investing in the Traded Goods Sector
10 Jun 1994
Bulletin
– June 1994
The first step is to identify the traded goods sector. A common ‘rule of thumb’ is that the traded goods sector comprises the broad industry groups of agriculture, mining and manufacturing.
https://www.rba.gov.au/publications/bulletin/1994/jun/3.html
Monetary Policy and Inflation Targeting
10 Oct 1997
Bulletin
– October 1997
money mean that a fixed money-growth rule could generate instability in output. ... This research has generated a number of simple suggestions that have become known as interest-rate ‘rules’.
https://www.rba.gov.au/publications/bulletin/1997/oct/3.html
Authorised Short Term Money Market Dealers
10 Jun 1991
Bulletin
– June 1991
This change brought the rules on foreign ownership of dealers into line with those applying more generally to the non-bank finance industry in Australia.
https://www.rba.gov.au/publications/bulletin/1991/jun/3.html
Developments in Renminbi Internationalisation
24 Jun 2013
Bulletin
– June 2013
The ‘internationalisation’ of the Chinese renminbi (RMB) is proceeding at a measured pace, with a sequence of reforms designed to increase its use in international trade and investment. Over the longer term – as the exchange rate becomes more
https://www.rba.gov.au/publications/bulletin/2013/jun/8.html
Foreign Exchange Reserves and the Reserve Bank's Balance Sheet
10 Dec 2012
Bulletin
– December 2012
Some well-known rules of thumb, such as the ratio of reserves to imports or reserves to short-term external liabilities, have been used to define the optimal level of reserves.
https://www.rba.gov.au/publications/bulletin/2012/dec/7.html
Economic and Financial Research in the Reserve Bank in 1998
10 Jan 1999
Bulletin
– January 1999
9806 Ball, L., ‘Policy Rules for Open Economies’. 9807 Bharucha, N.
https://www.rba.gov.au/publications/bulletin/1999/jan/2.html
Australia's New Financial Regulatory Framework
10 Jul 1998
Bulletin
– July 1998
This may involve the imposition of access rules or operating standards for participants in such systems.
https://www.rba.gov.au/publications/bulletin/1998/jul/1.html
Recent Trends in Superannuation Fund Assets
10 Oct 1997
Bulletin
– October 1997
Transfers have risen over this period in response to the tightening of rules on preservation of benefits and the introduction of approved deposit and other rollover funds. ... Past rules permitting the withdrawal of balances on leaving a job are likely
https://www.rba.gov.au/publications/bulletin/1997/oct/1.html
The Future of Inflation Targeting
10 Nov 2004
Bulletin
– November 2004
As the authors note, if a central bank operates a completely transparent (and rigid) monetary policy rule, their communication is redundant because financial markets can anticipate changes in policy solely from
https://www.rba.gov.au/publications/bulletin/2004/nov/3.html