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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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Box B: Insights from Liaison

9 Feb 2023 SMP - February 2023 PDF 308KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/box-b-insights-from-liaison.pdf

References

31 Dec 2002 RDP 2002-08
Luke Gower and Alan Krause
Caprio Jr G and D Klingebiel (1996), ‘Bank Insolvency: Bad Luck, Bad Policy, or Bad Banking?’, in M Bruno and B Pleskovic (eds), Annual World Bank Conference on Development Economics, World
https://www.rba.gov.au/publications/rdp/2002/2002-08/references.html

Introduction

31 Dec 2007 RDP 2007-02
Rochelle Belkar, Lynne Cockerell and Christopher Kent
Perhaps the key concern is that countries in this situation could be on a path to insolvency, building up excessive net foreign debt, raising the prospects of default and/or a
https://www.rba.gov.au/publications/rdp/2007/2007-02/introduction.html

Statement on Monetary Policy

3 Mar 2021 SMP - February 2021 PDF 3481KB
https://www.rba.gov.au/publications/smp/2021/feb/pdf/statement-on-monetary-policy-2021-02.pdf

Statement on Monetary Policy - February 2015

5 Feb 2015 SMP - February 2015 PDF 2273KB
https://www.rba.gov.au/publications/smp/2015/feb/pdf/0215.pdf

Economic Outlook

3 Nov 2022 SMP - November 2022 PDF 632KB
https://www.rba.gov.au/publications/smp/2022/nov/pdf/05-economic-outlook.pdf

Statement on Monetary Policy - August 2009

7 Aug 2009 SMP PDF 1115KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2009/aug/pdf/0809.pdf

Domestic Economic Conditions

9 Feb 2023 SMP - February 2023 PDF 1484KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/02-domestic-economic-conditions.pdf

Domestic Economic Conditions

4 Aug 2022 SMP - August 2022 PDF 1021KB
https://www.rba.gov.au/publications/smp/2022/aug/pdf/02-domestic-economic-conditions.pdf

Domestic Economic Conditions

3 Nov 2022 SMP - November 2022 PDF 1375KB
https://www.rba.gov.au/publications/smp/2022/nov/pdf/02-domestic-economic-conditions.pdf