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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Anticipatory Monetary Policy and the ‘Price Puzzle’

18 May 2017 RDP PDF 2157KB
These coefficients are large, statistically significant and ‘incorrectly’ signed. The effect essentially occurs with a one-quarter lag, which rules out interpretations implying delayed or gradual responses. ... The resulting series should identify a
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-02.pdf

Review of Card Surcharging: A Consultation Document

25 Jul 2011 PDF 35KB
This review of merchants’ capacity to recover their card acceptance costs by surcharging again highlights our criticism of the RBA’s modification of the Honour All Cards (HAC) Rule. ... As you know, the Woolworths group last year took advantage of
https://www.rba.gov.au/payments-and-infrastructure/submissions/submissions-card-surcharging/abacus-card-surcharging.pdf

Credit Risk and the Macroeconomy: Evidence from an Estimated DSGE Model

20 Nov 2009 Research Workshop PDF 727KB
Reserve Bank of Australia Research Workshop 2009
https://www.rba.gov.au/publications/workshops/research/2009/pdf/gilchrist.pdf

Credit Union Industry Submission: Reform of Visa Debit and EFTPOS

20 Feb 2006 PDF 102KB
Submissions on Reform of Debit Card Systems
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/submissions-reform-debit/cuia-170206.pdf

Central Bank Frameworks: Evolution or Revolution?

4 Jan 2023 Conferences PDF 7522KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018.pdf

Abacus submission to RBA's payments reform review

13 Sep 2007 PDF 57KB
Submission on the Issues for the 2007/08 Review
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/pdf/abacus-31082007.pdf

Letter dated 30 June 2008 from Abacus Australian Mutuals Pty Ltd

1 Jul 2008 PDF 75KB
Subject: Responses to Preliminary Conclusions of the 2007/08 Review
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/pdf/review-0708-pre-conclusions/abacus-30062008.pdf

Reform of Australia's Payments System: Reserve Bank of Australia's Preliminary Conclusions of the 2007/08 Review: APCA Submission in…

1 Jul 2008 PDF 118KB
Responses to Preliminary Conclusions of the 2007/08 Review
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/pdf/review-0708-pre-conclusions/apca-30062008.pdf

Review of the Reforms to Australia's Payments System - Assessment of the Preliminary Conclusions

1 Jul 2008 PDF 86KB
Responses to Preliminary Conclusions of the 2007/08 Review
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/pdf/review-0708-pre-conclusions/wbc-30062008.pdf

Review of RBA Payments System Regulation

4 Sep 2007 PDF 147KB
Submission on the Issues for the 2007/08 Review
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/pdf/visa-04092007.pdf