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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Policy Rules

1 Aug 1986 RDP 8605
P.D. Jonson and R.W. Rankin
RDP 8605: On Some Recent Developments in Monetary Economics 5. Policy Rules. ... These relationships therefore cannot be a solid basis for the actual conduct of policy using rigid rules when economic relationships are changing, because of changes in the
https://www.rba.gov.au/publications/rdp/1986/8605/policy-rules.html
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All Speeches

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

Globalisation and the International Financial Architecture: Writing (and Righting) the Rules

29 Jun 2000 Speech
Stephen Grenville
Address by Stephen Grenville to CEDA Gold Series Dinner, Sydney on 29 June 2000
https://www.rba.gov.au/speeches/2000/sp-dg-290600.html

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

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

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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