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RBA Glossary definition for ACT
ACT – Australian Competition Tribunal
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Banking Deregulation – A Virtue or a Necessity? | Conference – 1991
21 Jun 1991
Conferences
If the supervisors sought to control non-banks via the Financial Corporations Act, then overseas banks would fill the vacuum. ... It should be noted that the Reserve Bank did not get explicit legal power to supervise banks until the Banking Act was
https://www.rba.gov.au/publications/confs/1991/ferguson.html
The Australian Government's Current Approach to Monetary Policy: An Evaluation | Conference – 1997
21 Jul 1997
Conferences
Reserve Bank Act 1959. , which sets out very broad objectives for monetary policy. ... Under the Reserve Bank Act, the Board has ultimate responsibility for the setting of monetary policy.
https://www.rba.gov.au/publications/confs/1997/stemp.html
The Exchange Rate and Macroeconomic Policy in Australia | Conference – 1993
12 Jul 1993
Conferences
RBA Annual Conference – 1993 The Exchange Rate and Macroeconomic Policy in Australia John Pitchford. 1. Introduction. The choice of an exchange rate regime is thought to have significant implications for macroeconomic outcomes and macroeconomic
https://www.rba.gov.au/publications/confs/1993/pitchford.html
Internationalisation and the Macroeconomy | Conference – 1994
11 Jul 1994
Conferences
With a floating exchange rate and a rising trade share, monetary policy acts increasingly through the external sector, by altering the nominal exchange rate and thereby influencing the domestic prices of ... Clearly, the demand effect acts to increase
https://www.rba.gov.au/publications/confs/1994/gruen-shuetrim.html
The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011
24 Jul 2000
Conferences
Financial Services Reform Act 2001. (FSRA). This introduced a single licensing regime for financial products,. ... Banking Act 1959. Under those latter provisions, Australian depositors have first priority over the Australian assets of a failed bank,
https://www.rba.gov.au/publications/confs/2011/davis.html
The Role of Institutional Investors in the Evolution of Financial Structure and Behaviour | Conference – 1996
9 Jul 1996
Conferences
The issue remains, however, of how households may monitor the intermediaries themselves, or whether the latter have the right incentives to act in line with the interests of investors. ... On the other, such delegation raises principal-agent problems, as
https://www.rba.gov.au/publications/confs/1996/davis.html
European Unemployment: Why is it So High and What Should be Done About it? | Conference – 1998
9 Jun 1998
Conferences
For example, a firm which has been obliged to cut its workforce in bad times may act in the interests of those who are still employed, the ‘insiders’, and retain a
https://www.rba.gov.au/publications/confs/1998/jackman.html
The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016
18 Mar 2016
Conferences
US–China trade tensions would be lowered substantially if both countries undertake corrective policies rather than if China acts alone, and the two countries should work together to prevent the World
https://www.rba.gov.au/publications/confs/2016/woo.html
Twenty-five Years of Inflation Targeting in Australia | Conference – 2018
12 Apr 2018
Conferences
It has also been endorsed with each change of government. The Reserve Bank Act 1959 states that monetary policy has both nominal and real objectives. ... practice. As Ian Macfarlane (1998) stated:. … the Reserve Bank, by virtue of its Act in 1959, was
https://www.rba.gov.au/publications/confs/2018/debelle.html
The Evolution of Financial Deregulation | Conference – 1991
21 Jun 1991
Conferences
This can be illustrated with a couple of examples. The Financial Corporations Act of 1974 demonstrates that an alternative path was in the minds of some – a path which would address ... Either the logic of the 1974 Financial Corporations Act had to be
https://www.rba.gov.au/publications/confs/1991/grenville.html