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RBA Glossary definition for ACT

ACT – Australian Competition Tribunal

RBA Glossary definition for CAC

CAC – Collective Action Clause. A clause in bond contracts that includes provisions allowing a qualified majority of lenders to amend key financial terms of the debt contract and bind a minority to accept these new terms.

RBA Glossary definition for CAC Act

CAC Act – Commonwealth Authorities and Companies Act 1997 (which was replaced by the Public Governance, Performance and Accountability Act 2013 on 1 July 2014).

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The Model

1 Jul 1986 RDP 8610
Robert G. Trevor
and act as price takers, believing that they can buy and sell as much of any asset as they like at the market price.
https://www.rba.gov.au/publications/rdp/1986/8610/model.html

Appendix I: Some Regulatory Changes Relevant to the Cost of Capital

1 Aug 1988 RDP 8807
Nigel Dews
Oct. 1972. The Companies (Foreign Takeovers) Act was introduced, applying to foreign purchase of equity holdings in Australian companies with assets of more than $A1 million.
https://www.rba.gov.au/publications/rdp/1988/8807/appendix-1.html

Conclusions

1 Nov 1993 RDP 9311
Philip Lowe and Thomas Rohling
The third mechanism focuses on management incentives. We argue that adverse shocks that reduce the collateral of a firm may induce the management of the firm to act in a more
https://www.rba.gov.au/publications/rdp/1993/9311/conclusions.html
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The Model

1 Sep 2000 RDP 2000-06
Chris Ryan and Christopher Thompson
The inflation target embedded in the monetary-policy rule acts as the nominal anchor and brings about nominal equilibrium in the model.
https://www.rba.gov.au/publications/rdp/2000/2000-06/model.html
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Conclusion

1 Aug 1987 RDP 8706
Warwick J. McKibbin
It has also developed, in detail, an algorithm for solving rational expectations models when governments are assumed to act strategically in a multicountry setting.
https://www.rba.gov.au/publications/rdp/1987/8706/conclusion.html

Contagion Analysis

29 Sep 2015 RDP 2015-02
Alexandra Heath, Gerard Kelly and Mark Manning
It nevertheless acts as a robustness test on our central results.
https://www.rba.gov.au/publications/rdp/2015/2015-02/contagion-analysis.html

Model Structure

1 Nov 1989 RDP 8907
Mark Britten-Jones and Warwick J. McKibbin
Therefore the firm acts to maximise the present value of future after-tax cash flows, discounted at the nominal after-tax cost of capital i, which is assumed constant.
https://www.rba.gov.au/publications/rdp/1989/8907/model-structure.html

Macroprudential Limits on Mortgage Products: The Australian Experience

26 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
APRA (2019b) describes the policies as ‘tactical, temporary constraints’, because they were designed to act fast and target the specific sources of systemic risk. ... Dodd Frank Act), above which mortgages require extra ‘ability to repay’
https://www.rba.gov.au/publications/rdp/2021/2021-07/full.html
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Results

1 Jan 1992 RDP 9201
Philip Lowe
In the medium term real rigidities act to reduce unemployment. A difficulty with this rationalisation of the results is that when Japan was used as the foreign country we saw a
https://www.rba.gov.au/publications/rdp/1992/9201/results.html

The Determinants of Mortgage Defaults in Australia – Evidence for the Double-trigger Hypothesis

22 Jul 2020 RDP 2020-03
Michelle Bergmann
Research comparing defaults across US states finds that full recourse acts as a deterrent to defaults, particularly strategic defaults, and raises the amount of negative equity that is required for a
https://www.rba.gov.au/publications/rdp/2020/2020-03/full.html
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