Search: Y2K

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RBA Glossary definition for Y2K

Y2K – Year 2000. The Year 2000 problem was the possibility that financial institutions' computer systems would fail on 1 January 2000 and spark a loss of public confidence in individual institutions or at worst, in the financial system as a whole. In the event, the arrival of Y2K was virtually incident-free.

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Presentation to the Y2k Infrastructure Forums

1 Sep 1999 Speech
John Laker
Speech by John Laker (on behalf of the Council of Financial Regulators) to the Y2k Infrastructure Forums
https://www.rba.gov.au/speeches/1999/sp-ag-y2k-010999.html

All Speeches

4 Mar 2024
Speeches by senior staff of the Reserve Bank
https://www.rba.gov.au/speeches/list.html

Opening Statement to House of Representatives Standing Committee on Economics, Finance and Public Administration

29 Nov 1999 Speech
Ian Macfarlane
Opening remarks by Ian Macfarlane to the House of Representatives Standing Committee on Economics, Finance and Public Administration, Sydney
https://www.rba.gov.au/speeches/1999/sp-gov-291199.html

Speeches – 1999

31 Dec 1999
Speeches by senior staff of the Reserve Bank
https://www.rba.gov.au/speeches/1999/

Opening Statement to House of Representatives Standing Committee on Economics, Finance and Public Administration

17 Jun 1999 Speech
Ian Macfarlane
Opening Statement delivered by Ian Macfarlane to the House of Representatives Standing Committee on Economics, Finance and Public Administration, Melbourne
https://www.rba.gov.au/speeches/1999/sp-gov-170699.html

The International Economic Outlook

3 Feb 2000 Speech
Glenn Stevens
Speech by Glenn Stevens to CEDA/Telstra Economic and Political Overview, Melbourne
https://www.rba.gov.au/speeches/2000/sp-ag-030200.html

Lumps, Bumps and Waves

4 Oct 2019 Speech
Luci Ellis
Speech delivered by Luci Ellis, Assistant Governor (Financial Markets), to the Ai Group, Geelong
https://www.rba.gov.au/speeches/2019/sp-so-2019-10-04.html

Currency Demand Data

31 Dec 2013 RDP 2013-01
Tom Cusbert and Thomas Rohling
The first occasion was in preparation for the year-date change at the end of the millennium (that is, ‘Y2K’). ... To some extent this experience echoes the build-up of cash in banks on the eve of Y2K, where banks built up a buffer of currency.
https://www.rba.gov.au/publications/rdp/2013/2013-01/currency-demand-data.html
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Survival Modelling

1 Dec 2015 RDP 2015-10
Alexandra Rush
0.30. 0.27. 0.22. Recoloured $5. 0.04. Federation $5. 0.34. Y2K. 0.02. ... On the other hand, Y2K did not have a statistically significant impact on the life span of $20 or $50 banknotes.
https://www.rba.gov.au/publications/rdp/2015/2015-10/survival-modelling.html
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Talk to World Economic Forum Asia Pacific Economic Summit Melbourne

11 Sep 2000 Speech
Ian Macfarlane
Address by Ian Macfarlane to the World Economic Forum Asia Pacific Economic Summit, Melbourne
https://www.rba.gov.au/speeches/2000/sp-gov-110900.html