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RBA Glossary definition for ACT
ACT – Australian Competition Tribunal
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The Case for Inflation Targeting in East Asian Countries | Conference – 2001
24 Jul 2001
Conferences
The goal of price stability stated in the central bank act rarely provides an operational definition. ... The Bank of Korea Act requires that the price stability target be set each year in consultation with the Government.
https://www.rba.gov.au/publications/confs/2001/debelle.html
Twenty-five Years of Inflation Targeting in Australia | Conference – 2018
12 Apr 2018
Conferences
It has also been endorsed with each change of government. The Reserve Bank Act 1959 states that monetary policy has both nominal and real objectives. ... practice. As Ian Macfarlane (1998) stated:. … the Reserve Bank, by virtue of its Act in 1959, was
https://www.rba.gov.au/publications/confs/2018/debelle.html
European Unemployment: Why is it So High and What Should be Done About it? | Conference – 1998
9 Jun 1998
Conferences
For example, a firm which has been obliged to cut its workforce in bad times may act in the interests of those who are still employed, the ‘insiders’, and retain a
https://www.rba.gov.au/publications/confs/1998/jackman.html
The Australian Government's Current Approach to Monetary Policy: An Evaluation | Conference – 1997
21 Jul 1997
Conferences
Reserve Bank Act 1959. , which sets out very broad objectives for monetary policy. ... Under the Reserve Bank Act, the Board has ultimate responsibility for the setting of monetary policy.
https://www.rba.gov.au/publications/confs/1997/stemp.html
The Economics of Shadow Banking | Conference – 2013
19 Aug 2013
Conferences
For example, the US Dodd-Frank Act allows the Federal Reserve System to lend to key financial market infrastructures during times of crisis. ... Appendix B: The Tri-party Repo Market. A tri-party repo (TPR) operation is an arrangement whereby a clearing
https://www.rba.gov.au/publications/confs/2013/singh.html
The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016
18 Mar 2016
Conferences
US–China trade tensions would be lowered substantially if both countries undertake corrective policies rather than if China acts alone, and the two countries should work together to prevent the World
https://www.rba.gov.au/publications/confs/2016/woo.html
Change and Constancy in the Financial System: Implications for Financial Distress and Policy | Conference – 2007
20 Aug 2007
Conferences
to act as a catalyst for the establishment of the Basel Committee on Banking Supervision. ... In other words, it would act as a stabiliser in both upward and downward phases.
https://www.rba.gov.au/publications/confs/2007/borio.html
Three Australian Asset-price Bubbles | Conference – 2003
18 Aug 2003
Conferences
The old law, the Victorian Companies Act of 1864, had many loopholes that could be exploited by entrepreneurs to engage in unethical but legal activities designed to enrich themselves.
https://www.rba.gov.au/publications/confs/2003/simon.html
Banking Deregulation – A Virtue or a Necessity? | Conference – 1991
21 Jun 1991
Conferences
If the supervisors sought to control non-banks via the Financial Corporations Act, then overseas banks would fill the vacuum. ... It should be noted that the Reserve Bank did not get explicit legal power to supervise banks until the Banking Act was
https://www.rba.gov.au/publications/confs/1991/ferguson.html
The Evolution of Financial Deregulation | Conference – 1991
21 Jun 1991
Conferences
This can be illustrated with a couple of examples. The Financial Corporations Act of 1974 demonstrates that an alternative path was in the minds of some – a path which would address ... Either the logic of the 1974 Financial Corporations Act had to be
https://www.rba.gov.au/publications/confs/1991/grenville.html