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RBA Glossary definition for insolvency

insolvency – A situation where an entity has insufficient assets to cover the value of its liabilities, resulting in an inability to meet its financial obligations as they fall due.

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Overview

25 Apr 2023 FSR - April 2023 PDF 145KB
https://www.rba.gov.au/publications/fsr/2023/apr/pdf/overview.pdf

3 October 2023 | Minutes of the Monetary Policy Meeting of the Board

17 Oct 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 October 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-10-03.html

6 June 2023 | Minutes of the Monetary Policy Meeting of the Board

20 Jun 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 June 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-06-06.html

2. Resilience of Australian Households and Businesses

9 Oct 2023 FSR - October 2023 PDF 1571KB
https://www.rba.gov.au/publications/fsr/2023/oct/pdf/02-household-business-finances-in-australia.pdf

Attachment: Decisions of the Payments System Board

12 May 2006 Speech PDF 18KB
Attachment to Opening Remarks to the House of Representatives Standing Committee on Economics, Finance and Public Administration, Sydney, 15 May 2006
https://www.rba.gov.au/speeches/2006/pdf/sp-ag-150506-attachment.pdf

2 April 2024 | Minutes of the Monetary Policy Meeting of the Board

2 Apr 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 April 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-03-19.html

The Future of the Financial System

10 Sep 1996 Bulletin – September 1996
This distinction is relevant to the issue of systemic risk because funds managers are not subject to insolvency risk in the same way as intermediaries. ... Traditionally the main sources of systemic risk have been viewed as related to payments-system risk
https://www.rba.gov.au/publications/bulletin/1996/sep/3.html

4 April 2023 | Minutes of the Monetary Policy Meeting of the Board

18 Apr 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 April 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-04-04.html

Financial Stability in Uncertain Times

24 Nov 2020 Speech PDF 1105KB
Business failures are currently much lower than usual because of income support, loan repayment deferrals and temporary insolvency relief (Graph 6). ... Nevertheless, the economic recovery is expected to be unpredictable and uneven so there will be
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-10-27.pdf

Box A: Risks in Non-bank Lending in India

12 Apr 2019 FSR – April 2019
A new insolvency and bankruptcy regime was introduced, together with new powers for the RBI to force large NPLs to be resolved through insolvency. ... To speed up default resolution, in February 2018, the RBI also instructed banks to begin insolvency
https://www.rba.gov.au/publications/fsr/2019/apr/box-a.html