Search: Y2K
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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The Impact of Y2K on Financial Markets in Australia
10 Jan 2000
Bulletin
– January 2000
A major concern relating to Y2K was that households might withdraw much more money from financial institutions than they usually would at this time of the year. ... Y2K was about $2.5 billion, or about 10 per cent of the normal stock of notes on issue.
https://www.rba.gov.au/publications/bulletin/2000/jan/1.html
The Impact of Y2K on Financial Markets in Australia
22 Feb 2001
Bulletin
PDF
36KB
Jun 99. Mar 99. Dec 98. Y2K. 4.50. 4.75. 5.00. ... Y2K pressures would be handled comfortablyand concerns about the quality of bank riskreceded.
https://www.rba.gov.au/publications/bulletin/2000/jan/pdf/bu-0100-1.pdf
Bulletin Articles – 2000
9 Mar 2023
Bulletin
The Reserve Bank Bulletin is a monthly publication that contains economic commentary, feature articles, speeches and a set of statistical tables
https://www.rba.gov.au/publications/bulletin/2000/
Financial System Stability
3 Aug 2000
RBA Annual Report
– 2000
A first and unique test of Australia's new financial regulatory structure was the Y2K problem. ... Y2K problem on the financial system and satisfied with the reassurances received from their financial institutions.
https://www.rba.gov.au/publications/annual-reports/rba/2000/fin-sys-stability.html
Semi-Annual Statement on Monetary Policy
10 Nov 1999
Bulletin
– November 1999
Graph 6. In credit markets more generally, perceptions that the interest rate cycle has turned, together with preparations for Y2K, have led borrowers to bring forward borrowing to lock in funding.
https://www.rba.gov.au/publications/bulletin/1999/nov/1.html
Statement on Monetary Policy
10 Nov 2001
Bulletin
– November 2001
Reserve Bank Bulletin – November 2001 Statement on Monetary Policy. Download the complete Statement 1. MB. International economic conditions are at their weakest for many years. The United States has all the hallmarks of recession – declining
https://www.rba.gov.au/publications/bulletin/2001/nov/1.html
The Economy and Financial Markets
10 Feb 2000
Bulletin
– February 2000
International Financial Markets. In the closing months of 1999, concerns about Y2K-related problems had been a major influence on financial markets around the world, but with the century date-change ... While these economies were perceived as being
https://www.rba.gov.au/publications/bulletin/2000/feb/1.html
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
Statement to Parliamentary Committee
27 Feb 2001
Bulletin
PDF
52KB
Y2K and All That. I would now like to make a few commentsabout Y2K, which is very topical because thereare now only 32 days to go to the new century. ... When I appeared before the Committee inJune, I said that Australian banks, buildingsocieties and
https://www.rba.gov.au/publications/bulletin/1999/dec/pdf/bu-1299-1.pdf
Survival Modelling
1 Dec 2015
RDP
2015-10
0.30. 0.27. 0.22. Recoloured $5. 0.04. Federation $5. 0.34. Y2K. 0.02. ... 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/2015/2015-10/survival-modelling.html
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