Search: Y2K
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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The Impact of Y2K on Financial Markets in Australia
22 Feb 2001
Bulletin
PDF
36KB
Jun 99. Mar 99. Dec 98. Y2K. 4.50. 4.75. 5.00. ... Y2K pressures would be handled comfortablyand concerns about the quality of bank riskreceded.
https://www.rba.gov.au/publications/bulletin/2000/jan/pdf/bu-0100-1.pdf
Semi-Annual Statement on Monetary Policy
13 Jul 2009
SMP
PDF
39KB
Reserve Bank of Australia Bulletin November 1999
https://www.rba.gov.au/publications/smp/1999/nov/pdf/box-c.pdf
Statement on Monetary Policy
30 Jul 2003
SMP
PDF
48KB
37. rapid, reflecting several factors such as thepreparations for Y2K, the new tax system,and, to a lesser extent, the Olympics, as wellas the expansion of telecommunicationsnetworks following the deregulation of
https://www.rba.gov.au/publications/smp/2001/nov/pdf/box-a.pdf
Statement to Parliamentary Committee
27 Feb 2001
Bulletin
PDF
52KB
Y2K and All That. I would now like to make a few commentsabout Y2K, which is very topical because thereare now only 32 days to go to the new century. ... When I appeared before the Committee inJune, I said that Australian banks, buildingsocieties and
https://www.rba.gov.au/publications/bulletin/1999/dec/pdf/bu-1299-1.pdf
Statement to Parliamentary Committee
26 Feb 2001
Bulletin
PDF
57KB
The main point I want to make is that theAustralian financial system is very wellprepared for Y2K. ... safe. Because thesimple fact is that their deposits are safe andtheir records are not at risk from Y2K-relatedproblems.
https://www.rba.gov.au/publications/bulletin/1999/jul/pdf/bu-0799-1.pdf
The Life of Australian Banknotes
28 Aug 2015
RDP
PDF
1252KB
Two examples include Y2K and the GFC where the public’s demand for banknotes increased substantially. ... 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/pdf/rdp2015-10.pdf
Currency Demand during the Global Financial Crisis: Evidence from Australia
2 Feb 2015
RDP
PDF
633KB
11. The first occasion was in preparation for the year-date change at the end of the millennium (that is, ‘Y2K’). ... 8 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/pdf/rdp2013-01.pdf
A Snapshot of Inflation Targeting in its Adolescence
27 Nov 2006
Conferences
PDF
283KB
RBA Conference Volume 2004
https://www.rba.gov.au/publications/confs/2004/pdf/kuttner.pdf
Liquidity, Financial Crises and the Lender of Last Resort – How Much of a Departure is the Sub-prime Crisis?
22 Oct 2008
Conferences
PDF
148KB
RBA Conference Volume 2008
https://www.rba.gov.au/publications/confs/2008/pdf/davis.pdf
Bulletin September Quarter 2019
18 Jan 2021
Bulletin
- September 2019
PDF
4457KB
https://www.rba.gov.au/publications/bulletin/2019/sep/pdf/bulletin-2019-09.pdf