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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Liquidity, Financial Crises and the Lender of Last Resort – How Much of a Departure is the Sub-prime Crisis? | Conference – 2008

14 Jul 2008 Conferences
E Philip Davis
Such a policy was clearly successful in the case of operations associated with the spikes in liquidity demand in the Y2K and September 11 episodes, as well as after the stock
https://www.rba.gov.au/publications/confs/2008/davis.html

Administration and Costs

24 Aug 2001 RBA Annual Report – 2001
Operating costs for 2000/01 are higher than in 1998/99, i.e. prior to the Y2K increase, partly because of the cost of establishing the Regional Offices. ... This Y2K-effect also distorted the share of costs due to the RBA's other functions in 1999/2000.
https://www.rba.gov.au/publications/annual-reports/rba/2001/admin-costs.html

Semi-Annual Statement on Monetary Policy

10 May 2000 Bulletin – May 2000
Bulletin – May 2000 Semi-Annual Statement on Monetary Policy. Download the complete Statement 521. KB. The Australian economy has continued to perform strongly during the past year. In 1999 growth once again exceeded 4 per cent, and a good pace
https://www.rba.gov.au/publications/bulletin/2000/may/1.html

Administration and Costs

3 Aug 2000 RBA Annual Report – 2000
Overall, underlying operating costs rose in 1999/2000, but the rise was accounted for by the Y2K-related expenses. ... The share of costs attributable to note distribution rose in 1999/2000, reflecting the Y2K-related expenses referred to above.
https://www.rba.gov.au/publications/annual-reports/rba/2000/admin-costs.html

RBA Annual Report 2000 - Financial System Stability

22 Feb 2001 Annual Report PDF 166KB
FINANCIAL SYSTEM STABILITY. Y2K. A first and unique test of Australia’s new. ... financial regulatory structure was the Y2K. problem. Although technical in its origins, this.
https://www.rba.gov.au/publications/annual-reports/rba/2000/pdf/fin-sys-stability.pdf

The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011

24 Jul 2000 Conferences
Kevin Davis
The Australian (and global) financial system entered the first decade of the millennium preparing for a systems crisis, in the form of the Y2K computer scare, which on 1 January 2000
https://www.rba.gov.au/publications/confs/2011/davis.html

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

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

The Australian Financial System in the 2000s: Dodging the Bullet

13 Dec 2011 Conferences PDF 1104KB
RBA Conference Volume 2011
https://www.rba.gov.au/publications/confs/2011/pdf/davis.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