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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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/

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

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

Statement to Parliamentary Committee

26 Feb 2001 Bulletin PDF 57KB
The main point I want to make is that theAustralian financial system is very wellprepared for Y2K. ... safe. Because thesimple fact is that their deposits are safe andtheir records are not at risk from Y2K-relatedproblems.
https://www.rba.gov.au/publications/bulletin/1999/jul/pdf/bu-0799-1.pdf

Semi-Annual Statement on Monetary Policy

10 May 2000 Bulletin – May 2000
Bulletin – May 2000 Semi-Annual Statement on Monetary Policy. Download the complete Statement 521. KB. The Australian economy has continued to perform strongly during the past year. In 1999 growth once again exceeded 4 per cent, and a good pace
https://www.rba.gov.au/publications/bulletin/2000/may/1.html

The Economy and Financial Markets

25 Feb 2001 Bulletin PDF 300KB
International Financial Markets. 1. For more detail, see ‘The Impact of Y2K on Financial Markets in Australia’, Reserve Bank of Australia Bulletin,January 2000. ... While some part of the recentstrength undoubtedly reflected expenditure toaddress Y2K
https://www.rba.gov.au/publications/bulletin/2000/feb/pdf/bu-0200-1.pdf