Search: Y2K

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RBA Glossary definition for Y2K

Y2K – Year 2000. The Year 2000 problem was the possibility that financial institutions' computer systems would fail on 1 January 2000 and spark a loss of public confidence in individual institutions or at worst, in the financial system as a whole. In the event, the arrival of Y2K was virtually incident-free.

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Presentation to the Y2k Infrastructure Forums

1 Sep 1999 Speech
John Laker
Speech by John Laker (on behalf of the Council of Financial Regulators) to the Y2k Infrastructure Forums
https://www.rba.gov.au/speeches/1999/sp-ag-y2k-010999.html

All Speeches

4 Mar 2024
Speeches by senior staff of the Reserve Bank
https://www.rba.gov.au/speeches/list.html

Opening Statement to House of Representatives Standing Committee on Economics, Finance and Public Administration

29 Nov 1999 Speech
Ian Macfarlane
Opening remarks by Ian Macfarlane to the House of Representatives Standing Committee on Economics, Finance and Public Administration, Sydney
https://www.rba.gov.au/speeches/1999/sp-gov-291199.html

Speeches – 1999

31 Dec 1999
Speeches by senior staff of the Reserve Bank
https://www.rba.gov.au/speeches/1999/

Opening Statement to House of Representatives Standing Committee on Economics, Finance and Public Administration

17 Jun 1999 Speech
Ian Macfarlane
Opening Statement delivered by Ian Macfarlane to the House of Representatives Standing Committee on Economics, Finance and Public Administration, Melbourne
https://www.rba.gov.au/speeches/1999/sp-gov-170699.html

Year 2000 Preparations in the Australian Financial System

26 Feb 2001 Speech PDF 54KB
Promote greater disclosure on Y2K. APRA’s role. • Focus on individual institutions• Prime responsibility with board and. ... coverage. Key message. “…the simple fact is that [customers’]deposits are safe and their recordsare not at risk from
https://www.rba.gov.au/speeches/1999/pdf/y2k-slides.pdf

The International Economic Outlook

3 Feb 2000 Speech
Glenn Stevens
Speech by Glenn Stevens to CEDA/Telstra Economic and Political Overview, Melbourne
https://www.rba.gov.au/speeches/2000/sp-ag-030200.html

The International Economic Outlook

27 Feb 2001 Speech PDF 102KB
Forecasts of global growth beingmarked up. Markets concerned overinflation. Concern in some quarters over Y2K;this grew as year progressed. ... Y2K came and went withoutsignificant problem. Prospects for 2000. What then of the year ahead?
https://www.rba.gov.au/speeches/2000/pdf/sp-ag-030200.pdf

The Life of Australian Banknotes

28 Aug 2015 RDP PDF 1252KB
Two examples include Y2K and the GFC where the public’s demand for banknotes increased substantially. ... On the other hand, Y2K did not have a statistically significant impact on the life span of $20 or $50 banknotes.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-10.pdf

Lumps, Bumps and Waves

4 Oct 2019 Speech
Luci Ellis
Speech delivered by Luci Ellis, Assistant Governor (Financial Markets), to the Ai Group, Geelong
https://www.rba.gov.au/speeches/2019/sp-so-2019-10-04.html