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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Policy Issues

31 Dec 2006 RDP 2006-12
Luci Ellis
Old rules of thumb about individual mortgages have likewise been rendered obsolete.
https://www.rba.gov.au/publications/rdp/2006/2006-12/policy-issues.html

Optimal Monetary Policy when Expectations are Rational, Fixed, Learned, or Anything in Between

19 Dec 2023 Research Workshop PDF 410KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-presentation-brassil.pdf

Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
The model projects how economic shocks may influence a bank's profitability, dividends, loan growth and capital position, primarily using decision rules and accounting identities that are uniformly applied to profit
https://www.rba.gov.au/publications/rdp/2022/2022-03.html
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Measuring Tense

11 Sep 2023 RDP 2023-06
Callan Windsor and Max Zang
Because of this, we trial two approaches: a rule-based tense tagging method and a zero-shot text classifier approach. ... The tagger can recognise a wide range of temporal representations through dictionary look-up and date–time detection rules.
https://www.rba.gov.au/publications/rdp/2023/2023-06/measuring-tense.html
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Macrofinancial Stress Testing on Australian Banks

13 Sep 2023 RDP PDF 1940KB
primarily using decision rules and accounting identities that are uniformly applied to profit and. ... capital ratios. These decision rules are founded on a principal that banks will choose to maintain.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf

Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia

16 Mar 2023 RDP PDF 1288KB
reflect increasing use of intangible capital, which is often poorly measured, though we can’t rule out. ... by increased use of mis-measured intangible and digital capital, though we cannot rule out that this.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-03.pdf

Consumption Behavior across the Distribution of Liquid Assets

19 Dec 2023 Research Workshop PDF 2239KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-graham-mcdowall.pdf

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
no-surcharge’ rules, thereby freeing merchants to surcharge card payments. The Reserve Bank’s. ... rules are aimed at supporting the efficiency of the payments system, by ensuring that consumers.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
The Reserve Bank first enacted rules in 2003 to require card schemes to remove their ‘no-surcharge’ rules, thereby freeing merchants to surcharge card payments. ... First, a default network can be set by the issuer of the card, and this might be
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
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The Performance of Exchange Rate Forecasts

1 Jul 1986 RDP 8609
Philip W. Lowe and Robert G. Trevor
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1986/8609.html
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