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1–10 of 13 search results for 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.

Year 2000 Preparations in the Australian Financial System

26 Feb 2001 Speech PDF 54KB

Promote greater disclosure on Y2K. APRA’s role. • Focus on individual institutions• Prime responsibility with board and. ... coverage. Key message. “…the simple fact is that [customers’]deposits are safe and their recordsare not at risk from

https://www.rba.gov.au/speeches/1999/pdf/y2k-slides.pdf

The International Economic Outlook

27 Feb 2001 Speech PDF 102KB

Forecasts of global growth beingmarked up. Markets concerned overinflation. Concern in some quarters over Y2K;this grew as year progressed. ... Y2K came and went withoutsignificant problem. Prospects for 2000. What then of the year ahead?

https://www.rba.gov.au/speeches/2000/pdf/sp-ag-030200.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

10/4/2019 Lumps, Bumps and Waves | Speeches ...

4 Oct 2019 PDF 277KB

You can see the computer and internetrevolutions in firms' spending on software investment, culminating in a peak around the dot-comboom and Y2K rectification work, which can be seen as bumps

https://www.rba.gov.au/speeches/2019/pdf/sp-so-2019-10-04.pdf