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

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

The Life of Australian Banknotes

17 Sep 2015 Bulletin – September 2015
Alexandra Rush
An assessment of the likely life of a banknote is an important input to a currency issuer's planning. Without accurate predictions of banknote life, there is the potential to incur the economic costs of producing and storing excess banknotes or,
https://www.rba.gov.au/publications/bulletin/2015/sep/7.html

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

Survival Analysis and the Life of Australian Banknotes

19 Sep 2019 Bulletin – September 2019
Shane Aves
The Reserve Bank is in the process of replacing Australia’s first full series of polymer banknotes – the ‘New Note Series’ – with the upgraded ‘Next Generation Banknote’ series.
https://www.rba.gov.au/publications/bulletin/2019/sep/survival-analysis-and-the-life-of-australian-banknotes.html