Search: bankruptcy
RBA Glossary definition for bankruptcy
bankruptcy – A legal status, which can be initiated by a creditor or person concerned, whereby the bankrupt's property is vested in a trustee and, with the exception of certain personal and professional property, is available for distribution to creditors.
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The Reserve Bank of Australia - Post Wallis
27 Feb 2001
Speech
PDF
73KB
Other important elements include accountingstandards, the legal system, bankruptcy provisions and corporate governanceprocedures.
https://www.rba.gov.au/speeches/1999/pdf/sp-ag-281099.pdf
21/02/2018 Household Indebtedness and Mortgage Stress | Speeches | ...
21 Feb 2018
PDF
379KB
At the top of the pyramid – severefinancial stress – a household might be unable to meet mortgage repayments or ultimately be facingforeclosure or bankruptcy.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-02-20.pdf
Lessons and Questions from the GFC
6 Dec 2018
Speech
PDF
302KB
It is now just over 10 years since the date that people most associate with the Global Financial Crisis(GFC), namely 15 September, the day that Lehman Brothers filed for bankruptcy.
https://www.rba.gov.au/speeches/2018/pdf/sp-dg-2018-12-06.pdf
The Asia Crisis, Capital Flows and the International Financial Architecture
26 Feb 2001
Speech
PDF
45KB
As with bankruptcy, in. policy or exchange rates, will be flawlessly carried out.
https://www.rba.gov.au/speeches/1998/pdf/sp-dg-210598.pdf