Search: systemic stability

Sort by: Relevance Date
1–4 of 4 collapsed search results for systemic stability
Did you mean systemicstability?

RBA Glossary definition for systemic stability

systemic stability – The Reserve Bank of Australia has a general and longstanding responsibility for safeguarding the stability of the Australian financial system. In broad terms, financial system stability equates to smoothly functioning financial markets and the absence of financial disturbances that may threaten the health of the economy more broadly. The RBA can use its balance sheet to support a sound financial institution facing liquidity difficulties, should system stability be at risk.

Search Results

Macroprudential Limits on Mortgage Products: The Australian Experience

26 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
While conclusions about systemic stability are outside this paper's scope, the findings are consistent with the policies achieving their objectives. ... It was replaced with longer-term tools for distinguishing between mortgage products in their systemic
https://www.rba.gov.au/publications/rdp/2021/2021-07/full.html

Conclusions

1 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
The temporary softening of pricing competition, while a negative consequence in itself, was possibly a worthwhile cost, given that the policy appears to have achieved its financial stability objectives. ... Final comments. The overarching objective of
https://www.rba.gov.au/publications/rdp/2021/2021-07/conclusions.html

Introduction

1 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
APRA (2019b) describes the policies as ‘tactical, temporary constraints’, because they were designed to act fast and target the specific sources of systemic risk. ... While conclusions about systemic stability are outside this paper's scope, the
https://www.rba.gov.au/publications/rdp/2021/2021-07/introduction.html

The Credit Growth Limits

1 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
The overarching objectives of this package were to strengthen the resilience of individual ADIs, and to promote the stability of the financial system overall. ... It was replaced with longer-term tools for distinguishing between mortgage products in
https://www.rba.gov.au/publications/rdp/2021/2021-07/the-credit-growth-limits.html