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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Monetary Targeting: The International Experience | Conference – 1989

20 Jun 1989 Conferences
Malcolm Edey
Sargent (1979), in his widely-used textbook, provided a somewhat extreme summing up of the problems associated with interest rate rules, concluding (p 362) “there is no interest rate rule that ... rule. One of the advantages claimed for the use of
https://www.rba.gov.au/publications/confs/1989/edey.html

Evaluating Simple Monetary-policy Rules for Australia

7 Dec 2006 Conferences PDF 156KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/de-brouwer-oregan.pdf

Attachment 2 | A Variation to the Surcharging Standards: A Consultation Document December 2011 | Consultations

10 Dec 2011 Consultations
The objective of this Standard is to ensure that the rules of the Visa Debit system and the Visa credit card system promote:. ... to merchants for goods or services on credit, or any other article issued under the rules of the Scheme and commonly known
https://www.rba.gov.au/publications/consultations/201112-variation-surcharging-standards/attachment-2.html

Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/

Two Risk-Based Capital Rules

1 Sep 1992 RDP 9210
Mark Levonian and Sarah Kendall
As with an LV rule, regulators would need to determine an acceptable value of FP. ... Comparing (8) and (14), the indifference curves are flatter than the LV rule boundary if. ;
https://www.rba.gov.au/publications/rdp/1992/9210/two-risk-based-capital-rules.html
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Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

8 May 2024 Submissions
The nature of platform businesses is that they are able to set the rules of participation in their platform or network. ... card schemes provide the Bank with access to their fee schedules and scheme rules.
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

Tests of Simple Targeting Rules for Monetary Policy

2 Dec 2008 Research Workshop PDF 353KB
Reserve Bank of Australia Workshop 2008: Monetary Policy in Open Economies
https://www.rba.gov.au/publications/workshops/research/2008/otto.pdf

Other | Submissions

8 May 2024 Submissions
Index of Documents commissioned by or prepared for Parliament, its committees, and other public inquiries
https://www.rba.gov.au/publications/submissions/other/

Optimal Monetary Policy Rules

31 Dec 2011 RDP 2011-02
Callum Jones and Mariano Kulish
The settings of the optimised rules are similar. Figure 6 shows the loss function as we depart from the optimal value of one of the parameters in the policy rule – holding ... For some preferences long-term interest rate rules perform as well as the
https://www.rba.gov.au/publications/rdp/2011/2011-02/opt-monetary-policy-rules.html
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A Guide to the Card Payments System Reforms

10 Sep 2010 Bulletin – September 2010
Michele Bullock
In 2003, MasterCard and Visa were required to remove their no-surcharge rules. ... In addition, American Express and Diners Club voluntarily removed equivalent rules in their systems; there was no such rule in the EFTPOS system.
https://www.rba.gov.au/publications/bulletin/2010/sep/7.html